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.
US Carriers Agree to Sell Samsung Galaxy Note Edge
Samsung today announced that the five largest wireless network operators in the U.S. will sell the Galaxy Note Edge beginning this month.
Sprint Raising More Capital for Network Expansion
Sprint is looking to raise more cash for covering a variety of expenses. To that end, the company today kicked off a sale of $1 billion in senior notes.
T-Mobile Seeking Funds, Will Sell Stock
T-Mobile today said it intends to raise capital by selling up to 17.4 million shares in stock. T-Mobile said it will use the proceeds from the sale for "general corporate purposes, including capital investments and acquisition of additional spectrum." T-Mobile said the money won't be used for the AWS-3 spectrum auction, which is taking place right now.
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...