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Sprint (S) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues. ... For premium support please call: 800-290-4726 more ways to reach us ...
For premium support please call: 800-290-4726 more ways to reach us
T-Mobile's (TMUS) second-quarter 2020 results reflect plenty of synergies accruing from the merger with Sprint.
At the time of the merger announcement, Sprint and Nextel were the third and fifth leading providers in the U.S. mobile phone industry, respectively. [52] Former Sprint local telephone outdoor junction box in rural Kansas near Sterling (now owned by Brightspeed of Kansas) Sprint shareholders approved the merger on July 13, 2005. [53]
On average, they are made about 20 calendar days before the scheduled announcement or Earnings Call. [2] There are now usually a few hundred such preannouncements every quarter. The period during which preannouncements tend to be made is sometimes called the "confessional season" because so many of them are bad news.
The new BCA gives an exchange ratio of 11.00 Sprint shares for each T-Mobile share, up from the original agreement of 9.75 Sprint shares. SoftBank, Sprint's owner, has agreed to surrender 48.8 million T-Mobile shares acquired in the merger to the New T-Mobile, making SoftBank's effective ratio of 11.31 shares per T-Mobile share.
Sprint shares soared in pre-market trading, as the wireless carrier beat Wall Street's second-quarter earnings estimates on strong sales of ... For premium support please call: 800-290-4726 more ...
Sprint shares soared in pre-market trading, as the wireless carrier beat Wall Street's second-quarter earnings estimates on strong sales of its HTC EVO 4G and BlackBerry Curve smart phones ...