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News Breaks
January 6, 2014
09:54 EDTRKUS, SRuckus Wireless exec see partnership with Sprint growing, LightReading says
Sprint (S) previously announced a partnership with Ruckus Wireless (RKUS) in May for Smart WiFi products for enterprises, but Joe Hlavin, Ruckus' director of carrier sales, says Sprint has "grander plans coming out for how they want to bring a competitive differentiator service offering to the enterprise," according to an interview published Friday by the telecom industry blog LightReading. Reference Link
News For RKUS;S From The Last 14 Days
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July 30, 2014
10:00 EDTRKUSOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: Aerohive Networks (HIVE) initiated with an Outperform at Pacific Crest... Cray (CRAY) coverage assumed with a Buy at Needham... Netgear (NTGR) initiated with a Sector Perform at Pacific Crest... NextEra Energy Partners (NEP) initiated with a Market Perform at Wells Fargo... Ruckus Wireless (RKUS) initiated with an Outperform at Pacific Crest.
09:16 EDTSSprint CEO says 'unlimited' plans central to company as differentiator
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09:04 EDTSOn The Fly: Pre-market Movers
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08:51 EDTSSprint to launch Virgin Mobile Custom at Wal-Mart on August 9
Sprint (S) subsidiary Virgin Mobile USA introduced Virgin Mobile Custom, a no-annual-contract offer with unique parental controls and the ability for customers to build personally tailored rate plans. Virgin Mobile Custom will be available exclusively to Walmart (WMT) customers at select stores beginning Saturday, Aug. 9. Under the offer, customers will purchase a designated Custom phone and activate that device on the Base plan, which comes with 20 texts and 20 voice minutes, or the Unlimited plan for $35 with unlimited talk and text, with the ability to activate up to five lines for as low as $6.98 per line per month.
08:48 EDTSSprint sees achieving post-paid subscriber growth in Q4
Sprint CEO says company is currently weighing changes to pricing plans. Sprint CEO Dan Hesse is speaking on the company's Q1 earnings conference call.
07:39 EDTSSprint still sees CY14 adjusted EBITDA $6.7B-$6.9B
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07:35 EDTSSprint says hit mid-year target for 4G LTE coverage
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07:33 EDTSSprint reports Q1 EPS 1c, consensus (11c)
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06:31 EDTST-Mobile, Sprint merger not anticipated prior to September, Reuters says
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05:34 EDTRKUSRuckus Wireless initiated with an Outperform at Pacific Crest
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July 29, 2014
15:53 EDTSNotable companies reporting before tomorrow's open
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12:23 EDTSWindstream REIT spin off plan provides jolt for stock, telecom sector
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July 28, 2014
13:11 EDTST-Mobile new offering substantive, says Wells Fargo
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July 24, 2014
10:00 EDTRKUSRuckus Wireless upgraded to Conviction Buy from Buy at Goldman (pre-open)
Pre-open, Goldman added Ruckus Wireless to the Conviction Buy List citing relative valuation, strong secular headwinds, share gains, and new product introductions. Price target is remains $18.
07:46 EDTSWells Fargo to hold a symposium
2014 Small Cell Symposium to be held in New York on July 24.
July 23, 2014
13:01 EDTSSprint teams with Google to offer Google Apps for business
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July 21, 2014
07:45 EDTSSprint consensus estimates 'overly optimistic,' says Jefferies
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July 20, 2014
14:47 EDTSAfter paring Mexican assets Carlos Slim may look at T-Mobile, WSJ says
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July 18, 2014
09:18 EDTSSoftbank hire of Arora from Google 'interesting,' says Wells Fargo
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07:08 EDTSSoftbank, T-Mobile final agreement could come after late August, Kyodo News says
According to Kyodo News, Softbank's (SFTBF) buyout talks with T-Mobile (TMUS) won't be settled until after late August. Deutsche Telecom (DTEGY) is "reluctant" to accept Softbank's business plan and is seeking a new plan, industry sources say. Reference Link
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