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Stock Market & Financial Investment News

News Breaks
December 18, 2012
17:02 EDTAMT, S, CLWRAmerican Tower releases information regarding Sprint takeover of Clearwire
American Tower (AMT) released information about its business in light of Sprint's (S) contemplated acquisition of 100% ownership of Clearwire (CLWR), which is subject to regulatory approval. For the quarter ended September 30, Sprint and Clearwire accounted for approximately 15% and 3%, respectively, of American Tower's consolidated operating revenues. American Tower currently has separate leases for antenna space with Sprint and Clearwire on the same site at approximately 1,800 communications sites owned or operated by American Tower. The revenue generated from Clearwire on these sites represented approximately 1% of American Tower's consolidated operating revenues for the quarter ended September 30. The average remaining current term on the long-term lease arrangements on these sites with Sprint and Clearwire is approximately nine and five years, respectively.
News For AMT;S;CLWR From The Last 14 Days
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October 20, 2014
13:53 EDTSEarnings Preview: Verizon sentiment mixed ahead of Q3 report
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11:49 EDTSSprint to offer iPad Air 2, iPad mini 3
Sprint (S) announced that it will offer iPad Air 2 with Wi-Fi + Cellular (AAPL) and iPad mini 3 with Wi-Fi + Cellular later this week. iPad Air 2 is the first tablet from Apple to connect to Sprint Spark, an enhanced LTE service with the added capacity to greatly improve the performance of video and other bandwidth-intensive applications. iPad mini 3 will connect to Sprintís 4G LTE network. Customers can add iPad Air 2 or iPad mini 3 to their Sprint Family Share Pack for an access charge of $10 per month per line. Through December 2015, Sprint will waive the $10 monthly access charge on iPad Air 2 or iPad mini 3 added as new lines of service to any Sprint Family Share Pack 20GB or higher.
October 19, 2014
14:39 EDTSSprint job cuts include 452 at Kansas headquarters, Bloomberg says
According to a filing yesterday with the Kansas Department of Commerce, the job cuts at Sprint that were announced earlier this month, will include 452 positions in Overland Park, Kansas, where the company is headquartered, says Bloomberg. Reference Link
October 14, 2014
07:54 EDTST-Mobile, Sprint risk turnover courting lower-credit subscribers, WSJ says
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October 10, 2014
09:35 EDTSSprint downgraded to Sell from Hold at Evercore
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October 8, 2014
07:09 EDTSSprint to shut down WiMAX network around November 6, 2015, FierceWireless says
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