Sprint Looking to Raise More Capital Via Note Sale
Sprint today announced that it is planning another note offering in hopes of raising cash. Sprint is offering two different series of notes, with one set due in 2020 and another due in 2022. Once the sale is completed, Sprint will use the proceeds to fund general corporate purposes. Some of the capital may be used to retire debt, pay for network upgrades/modernization efforts, and possibly further fund Clearwire. Sprint didn't reveal how much cash it hopes to raise. Sprint held a similar note sale earlier this year and in late 2011.
Review: Samsung Galaxy Note 5 for Sprint
Sprint's Galaxy Note 5 is an excellent all-around performer thanks to its strong processor, solid battery, clear calling, and lively data speeds. This Android super-phone from Samsung is as good as they get.
Older Sprint Galaxy Phones Get a Taste of Marshmallow
Sprint is rolling out Android 6.0 Marshmallow to the Samsung Galaxy S5 Sport and Galaxy Note Edge. The update is being pushed in phases, which Sprint expects to complete by May 11 for the S5 Sport and May 2 for the Note Edge.
Sprint to Raise Price of Unlimited Plan to $70
Sprint today said it will raise the cost of its Unlimited plan from $60 to $70 per month beginning Oct. 16.
Sprint to Sell Certain Network Assets for $2.2 Billion
Sprint has agreed to sell select network assets to a company called Network LeaseCo and then lease back those assets for an unspecified sum. The move is meant to boost Sprint's cash position and will eventually add $2.2 billion to the company's coffers.
Note? Is that like a bond?
I have a few thousand dollars to invest....but I just don't feel like Sprint is a good investment....if I thought they had a chance to repay the money I might buy a few...
It sounds to me that if one can wait eight to ten years, the return is guaranteed.
Another great Note sale option...
Multi-carrier spread FTW
I'm (not so) patiently waiting...