Sprint Stock Price Today
Stock price, stock quotes and financial overviews from MarketWatch.
Sprint Communications, Inc. Provides a comprehensive range of wireless and wireline communications services that are designed to meet the needs of individual consumers, businesses, government subscribers and resellers. It provides 4G wireless broadband services. The company builds and operates next generation mobile broadband networks, which provide high-speed mobile Internet and residential access services, as well as residential voice services, in communities throughout the country. It operates through two reportable segments: Wireless and Wireline. The Wireless segment offers wireless services on a postpaid and prepaid payment basis to retail subscribers and also on a wholesale and affiliate basis, which includes the sale of wireless services which utilize the Sprint network but are sold under the wholesaler's brand. The Wireline segment provides a broad suite of wireline voice and data communications services to other communications companies and targeted business and consumer subscribers.
Verizon Stock Price Today Per Share
It also provides voice, data and IP communication services to Wireless segment and IP and other services to cable Multiple System Operators that resell local and long distance services and use back office systems and network assets in support of their telephone service provided over cable facilities primarily to residential end-user subscribers.
Sprint stock (NYSE:S) More However, I’d argue that the merger is pretty much the only reason to buy Sprint stock and, despite recent rumors, that merger is unlikely to happen. • Debt for Days One of the biggest problems for Sprint is the firm’s massive debt pile. Sprint’s long-term debt obligations are upwards of $34 billion and the company’s struggle to keep its cash flow healthy has made it difficult to pay down that figure. Wireless customers have a great deal of choice in the US and that has created a price war in which providers have to undercut each other to gain new subscribers. The trouble is that these ultra-low rate deals are typically unsustainable, so even though Sprint was able to grow its subscriber numbers in the past quarter, it’s unclear whether or not that can continue.