• News
• Reviews
• Phones
• Phone Finder
• Carriers
• OSes
• Forums
• Glossary

• Advertising
• About
• Contact
• Privacy
• Terms of Use

Sprint Turns to Investors for $500 Million

Article Comments  17

Aug 10, 2009, 3:30 PM   by Eric M. Zeman

Today Sprint filed documents with the Securities and Exchange Commission in hopes to raise some $500 million in cash from investors. Sprint wants to offer senior unsecured notes that will mature in August 2017. Any raised funds would be used for general business expenses, as well as network expansion, debt services and acquisitions. Sprint recently announced it would acquire Virgin Mobile USA for $483 million. The company has taken a number of other steps in recent months to improve its financial footing, including outsourcing maintenance of its wireless network to Ericsson.

more info at Sprint »
more info at InformationWeek »

Comments

Forum Options

This forum is closed.

Subject	Author	Date
WHY?????	movekwik2002	Aug 10, 2009, 4:18 PM
Re: WHY????? by -Cash Only-   Aug 10, 2009, 4:26 PM Re: WHY????? by Kryger   Aug 10, 2009, 4:30 PM Re: WHY????? by -Cash Only-   Aug 10, 2009, 4:35 PM Re: WHY????? by Kryger   Aug 10, 2009, 4:59 PM Re: WHY????? by Jayshmay   Aug 10, 2009, 4:37 PM Re: WHY????? by Butthead007   Aug 10, 2009, 6:47 PM Re: WHY????? by VDubb   Aug 11, 2009, 8:31 AM Re: WHY????? by Kryger   Aug 11, 2009, 8:43 AM Re: WHY????? by VDubb   Aug 11, 2009, 8:48 AM (more replies...) Re: WHY????? by Azeron   Aug 11, 2009, 12:35 PM Re: WHY????? by carmodboy99   Aug 12, 2009, 1:57 AM
Yes Mr. CEO	Drunk	Aug 10, 2009, 5:23 PM
Sprint Seen looking in phonebooth for loose change by Drunk   Aug 10, 2009, 5:25 PM

This forum is closed.

Subscribe to Phone Scoop News with RSS Follow @phonescoop on Twitter Phone Scoop on Facebook Phone Scoop on Google+ Subscribe to Phone Scoop on YouTube

All content Copyright 2001-2013 Phone Factor, LLC. All Rights Reserved.
Content on this site may not be copied or republished without formal permission.
2