Is Sprint a Buy at Current Prices?
T = Trends for a Stock’s Movement
Sprint offers wireless and landline communications products and services to individuals and businesses in the United States. Through its two segments, Wireless and Wireline, it offers voice and data transmission services to subscribers in all 50 states, Puerto Rico, and the United States Virgin Islands under the Sprint corporate brand, which includes its retail brands of Sprint, Nextel, Boost Mobile, Virgin Mobile, and Assurance Wireless. An increasing share of the population is opting for these communications products and services, fueling profits for Sprint.
Sprint and Dish (NASDAQ:DISH) are teaming up on a project that could bring broadband Internet to people living in remote areas with limited access, the two said in an announcement on Tuesday. “With millions underserved by inadequate broadband, the potential to bring a high-speed fixed wireless solution is very compelling to both Dish and Sprint,” Tom Cullen, Dish executive vice president of corporate development, said in a press release. “We both bring distinct skills, not the least of which for Dish is a workforce of professional technicians who visit thousands of homes every day performing professional installations for both video and broadband.”