Sprint says earnings will miss forecasts

Article Abstract:

Sprint Corp. warned of weaker third-quarter earnings, sending its stock down 5.4% on the news. The company reported that its wireless unit would pull in 800,000 new cellular-telephone customers, 100,000 less than expected. Sprint was also hurt by cutting off more delinquent customers than usual. Investors are becoming anxious about the health of the wireless industry. Sprint predicts its core business will have 45 to 47 cents a share.

Author: Harris, Nicole
Sales, profits & dividends, Finance, Company sales and earnings, Company earnings/profit

User Contributions:

Comment about this article or add new information about this topic:

CAPTCHA


Sprint's program for Web hosting could possibly include a purchase

Article Abstract:

Sprint Corp. is planning to improve their Web hosting business and a possible acquisition of a small Web hosting company may be in the works.

Author: Harris, Nicole
Acquisitions & mergers, Mergers, acquisitions and divestments, Company acquisition/merger, Profits, Statistics, Web hosting service, Web site hosting services, Corporate profits

User Contributions:

Comment about this article or add new information about this topic:

CAPTCHA


Sprint offers new wireless plan for business

Article Abstract:

The wireless unit of Sprint Corp. is offering new services to businesses. This new service allows corporate customers to make long distance calls and network calls for one flat rate. This way, they can enter this new market and compete directly with AT&T who also offer a service of this sort.

Author: Harris, Nicole
Services introduction, Services, Company service introduction, Service introduction

User Contributions:

Comment about this article or add new information about this topic:

CAPTCHA


Subjects list: United States, Telecommunications services industry, Telecommunications industry, Telephone services, Sprint Corp., FON
This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.