Take a deep breath America, today is a new day. Be sure to read Article titles for the China Market Crash it will brighten up your day. Let U2 help out, it is a beautiful day. Okay maybe that’s a bit much, still, it’s a dope song.
Check out Sprint (S) today, they posted a higher profit and added subscriber growth – shares are trading up 5.5% today. Yes, Sir, not to self-advertise but our subscribers are enjoying that little ride today, so you are welcome.
The No. 3 U.S. wireless service provider has been losing customers in recent quarters, so investors were praising all that was holy when Sprint reiterated its forecast for a net gain in postpaid customers.
SurTerre Research analyst Todd Rethemeier said that while he would like to see more concrete signs that Sprint could turn the corner, some investors were glad the company had repeated the expectations it expressed in early January.
Tack on that 3 Cent dividend, Sprint’s developing WiMax network (which will be the largest wireless network in history when complete sometime in 2008) and a great guidance. What more do you need?