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Stock Market & Financial Investment News

News For CLWR;DISH;S From The Last 14 Days
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August 4, 2015
09:16 EDTSOn The Fly: Pre-market Movers
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07:42 EDTSSprint does not expect to raise additional capital through public markets
Sprint (S) total liquidity was $6.6B at the end of the quarter and the company had an additional $1.3B of availability under vendor financing agreements that can be utilized toward the purchase of 2.5 GHz network equipment. Sprint said it has been working with Softbank (SFTBF) and other partners in setting up a leasing company that will finance its devices leased by customers on attractive terms. These arrangements are expected to be finalized in the coming months, and Softbank is expected to be a minority equity investor in the leasing company. With additional expected expense reductions, a capital efficient deployment of the network, and funding from the proposed leasing company, Sprint currently does not expect to raise additional capital through the public debt or equity markets in the foreseeable future, nor does it currently expect to sell spectrum.
07:38 EDTSSprint raises FY15 adjusted EBITDA view to $7.2B-$7.6B from $6.5B-$6.9B
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07:37 EDTSSprint reports Q1 Sprint platform net additions of 675,000
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07:35 EDTSSprint reports Q1 EPS (1c), consensus (8c)
Reports Q1 revenue $8.03B, consensus $8.33B. Reports Q2 adjusted EBITDA of $2.1B.
August 3, 2015
17:06 EDTSSprint announces management changes, names Tarek Robbiati CFO
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July 31, 2015
06:50 EDTSComcast, Verizon differ over terms of wireless network deal, WSJ says
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05:59 EDTDISHRovi price target lowered to $26 from $29 at Piper Jaffray
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July 30, 2015
06:30 EDTSSoftBank's Arora: Still committed to turning Sprint around, WSJ reports
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July 29, 2015
11:06 EDTSSprint introduces Family Share Pack plan
With more data than T-Mobile (TMUS), and with significant savings over Verizon (VZ) and AT&T (T), Sprint (S) introduces the new Sprint Family Share Pack. Families switching to Sprint get four lines, unlimited talk, text and 10GB of high-speed data while on the Sprint network for $100/month starting July 31. Sprint says its new plan will save families $480/year over Verizon and $720/year over AT&T for virtually the same 10GB of data. Sprint says that 10GB is more than double the high-speed data in T-Mobile’s family plan.
July 23, 2015
07:22 EDTSSprint price target lowered to $3 from $4 at Jefferies
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July 22, 2015
19:40 EDTDISHDISH executive says auction strategy 'complied with all legal requirements'
In response to the FCC's proposal to deny roughly $3.3B in spectrum auction discounts, DISH EVP and general counsel R. Stanton Dodge stated, "We respectfully disagree with the proposed denial of the bidding credits. Our approach to the AWS-3 auction, which followed 20 years of FCC precedent and complied with all legal requirements, was intended to enhance competition -- in the auction and in the marketplace long term. Our investments in NorthStar and SNR helped make the AWS-3 auction the most successful spectrum auction in FCC history, and resulted in more than $20B of direct benefit to the American taxpayer." Reference Link
17:35 EDTDISHDISH meets with FCC, says draft order would deny $3.3B in auction discounts
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July 21, 2015
18:11 EDTDISHHarbinger Capital sues DISH over LightSquared, Reuters reports
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