ADVFN - Advanced Financial Network.
HOME» NYSE » S » S Stock Price » S Stock News

Sprint Nextel Share News

 Sprint Nextel Corp Stock Price
S Stock Price
 Sprint Nextel Corp Stock Chart
S Stock Chart
 Sprint Nextel Corp Stock News
S Stock News
 Sprint Nextel Corp Company Information
S Company Information
 Sprint Nextel Corp Stock Trades
S Stock Trades

Sprint Nextel Enters $1 Billion Credit Facility For Equipment Financing

DOW JONES NEWSWIRES Sprint Nextel (S) said it entered a new $1 billion credit facility with Deutsche Bank AG (DB) and other lenders to fund equipment purchases from Ericsson (ERIC) as the telecommunications company continues efforts to build out its 4G LTE services. The Overland Park, Kan.-based carrier has been racing to catch up to larger rivals Verizon Wireless and AT&T Inc. (T) in building out the faster network known as 4G LTE. Sprint Nextel also said it plans to redeem part of its $1 billion in Nextel Communications notes that come due in the fourth quarter of next year. The company anticipates the remaining balance of the notes will be $473 million. Sprint Nextel in April reported a wider first-quarter loss, due in part to a charge from the planned shutdown of the Nextel platform, as subscriber additions helped increase the wireless carrier's revenue more than expected. Sprint shares were up 1.2% at $2.65 in recent trading. -By Tess Stynes, Dow Jones Newswires; 212-416-2481; [email protected]

Stock News for Sprint Nextel (S)
DateTimeHeadline
01/18/201710:00:00Sprint’s 1Million Project Online Donation Site Now Available t...
01/18/201709:00:00Sprint Corporation Schedules Fiscal 2016 Third Quarter Results...
01/06/201710:37:00Sprint Selects Movius to Provide Cloud-Based Platform to Add...
01/06/201708:08:00CES 2017 Is Offering New Tech for Smarter Living & Autonomous...
01/03/201710:00:00CES 2017 Visitors Get Free UberX Rides up to $10 from Sprint
12/29/201609:00:00Sprint CEO Marcelo Claure to Speak Jan. 5 at Citi’s 2017 Internet, M...
12/28/201617:53:00Sprint Announces Commitment to Create or Bring Back to America...
12/13/201615:00:00Sprint Unveils Breakthrough Technology Innovation to Deliver...
12/13/201611:00:00Sprint Provides Free Broadband Service to More Than 4,200 Illinois...
12/12/201614:10:00Apple Held Talks to Invest in SoftBank Technology Fund
12/12/201611:08:13Amended Current Report Filing (8-k/a)
12/12/201609:00:00Sprint Announces 1Million Project Pilot Participants in 11 Cities...
12/11/201622:50:00Honda Motor Invests in GrabTaxi
12/09/201612:17:00Viaja al sur con Sprint este invierno y disfruta la libertad...
12/09/201612:01:00Sprint Celebrates Customers and the Season of Gift Giving with...
12/09/201610:15:00Sprint South This Winter and Enjoy the Gift of Unlimited High-Speed...
12/08/201615:10:00Poké mon Go' Adds Starbucks Stores as Gyms and Poké Stops
12/07/201609:05:00Sprint Becomes First U.S. Partner of Pokémon GO
12/07/201604:00:00SoftBank Investors Cheer CEO's Meeting With Trump
12/06/201610:37:00Sprint & Prince Royce Team Up To Host #Royce4Sprint Holiday Benefit...

Sprint Nextel and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2016 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US