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. Sprint will rely on the assets as collateral to generate loans from SoftBank and other external entities. Sprint has about $6 billion in cash on hand and will use the $2.2 billion infusion to cover debts. In 2008, Sprint made a similar move by selling many of its cell towers to TowerCo. Sprint then leased back access to those towers.
Apr 20, 2017
Sprint today finalized its retail plans for the Samsung Galaxy S8 and there's good news for consumers. The company is offering a two-for-one lease deal on the S8 with a new line activation and one upgrade, or two new line activations.
Feb 25, 2018
Samsung today announced the Galaxy S9 and S9+ phones, updates to last year's S8 models. The devices bear a striking resemblance to their predecessors and make only modest changes to the hardware.
Oct 16, 2017
Huawei today announced the Mate 10 and Mate 10 Pro, the Chinese company's flagship smartphones heading into the end of the year. The Mate 10 (left) and Mate 10 Pro (right) are high-end devices with curved glass panels front and back, and a metal frame in between.
Sep 12, 2018
Apple today announced the fourth-generation of Apple Watches. For the first time since the original Watch, Apple is changing the dimensions of its smart wearable.
That must be why my service recently went to dog ****
They are cooked.....