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.
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.
Judge Approves Sale of RadioShack Stores
A U.S. judge has given RadioShack permission to sell its 1,740 stores to Standard General, a hedge fund that plans to operate the stores with Sprint.
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.
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...