Breaking News
Get Actionable Insights with InvestingPro+: Start 7 Day FREE Trial Register here
Investing Pro 0
Ad-Free Version. Upgrade your Investing.com experience. Save up to 40% More details

Sprint (S) Focuses On Network Expansion, Customer Experience

By Zacks Investment ResearchStock MarketsDec 30, 2018 08:22PM ET
www.investing.com/analysis/sprint-s-focuses-on-network-expansion-customer-experience-200371934
Sprint (S) Focuses On Network Expansion, Customer Experience
By Zacks Investment Research   |  Dec 30, 2018 08:22PM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
 

On Dec 31, we issued an updated research report on Sprint Corporation (NYSE:S) .

The U.S. communications service provider’s strategy of balancing growth and profitability while increasing network investments and adding digital capabilities should drive its financial performance in the coming quarters. It has enhanced its SD-WAN services reach to enable enterprises to more simply and efficiently manage global IT resources and applications across networks throughout Asia-Pacific, Latin America, North America and Europe. Also, the company’s multi-year plan to improve cost structure and its "Unlimited for All" plan designed for customers bode well.

The company is coming up with new ideas and solutions to better serve its customers and help business enterprises improve their relationship with employees. In November 2018, Sprint announced that it has joined forces with HTC to bring a powerful 5G mobile smart hub to customers. This will enable customers to experience Sprint 5G on multiple devices for content sharing, mobile gaming and entertainment among others with incredibly fast connectivity. The company continues to build a solid 5G device portfolio so that its users can be among the first to experience Sprint 5G next year.

Massive MIMO technology is integral to Sprint's 5G strategy and network build. The technology augments the capacity of the company’s LTE Advanced network and is software upgradable to 5G. With this, Sprint is likely to meet customers’ need for unlimited data and high-bandwidth applications. The company intends to launch its mobile 5G network in nine of the largest cities across the country — Atlanta, Chicago, Dallas, Houston, Kansas City, Los Angeles, New York City, Phoenix and Washington, DC — during the first half of 2019 with additional markets to be announced later.

For fiscal 2018, Sprint has raised its adjusted EBITDA guidance to the range of $12.4 billion to $12.7 billion from the previous projection of $12-$12.5 billion, owing to strong year-to-date performance. The Zacks Rank #2 (Buy) stock has gained 7.6% against a decline of 0.7% of the industry in the past six months.



Other Stocks to Consider

A few other stocks in the broader industry worth considering are Arista Networks, Inc. (NYSE:ANET) , ARRIS International plc (NASDAQ:ARRS) and Harmonic Inc. (NASDAQ:HLIT) . While Arista sports a Zacks Rank #1 (Strong Buy), ARRIS and Harmonic carry a Zacks Rank #2. You can see the complete list of today’s Zacks #1 Rank stocks here.

Arista has a long-term earnings growth expectation of 21.7%.

ARRIS has a long-term earnings growth expectation of 6.5%.

Harmonic has a long-term earnings growth expectation of 8.8%.

Looking for Stocks with Skyrocketing Upside?

Zacks has just released a Special Report on the booming investment opportunities of legal marijuana.

Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look.

See the pot trades we're targeting>>



ARRIS International plc (ARRS): Free Stock Analysis Report

Harmonic Inc. (HLIT): Free Stock Analysis Report

Arista Networks, Inc. (ANET): Free Stock Analysis Report

Sprint Corporation (S): Free Stock Analysis Report

Original post

Zacks Investment Research
Sprint (S) Focuses On Network Expansion, Customer Experience
 

Related Articles

David Moenning
Market Is Rethinking The Outlook By David Moenning - Jan 18, 2022 1

From my seat, the key driver to the current action in the stock market remains the spike in bond yields. This morning's early dance to the downside represents an exclamation point...

Sprint (S) Focuses On Network Expansion, Customer Experience

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

  •            Enrich the conversation, don’t trash it.

  •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

  •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
Continue with Google
or
Sign up with Email