Sprint Raising More Capital for Network Expansion
Feb 19, 2015, 2:59 PM by Eric M. Zeman
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. The company said proceeds from the note sale will be used for general corporate purposes, debt maintenance, and network expansion and modernization. The company has held numerous such sales over the last few years to keep up with the costs of building and deploying its LTE 4G network.
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Comments
Hard To Justify..
Hard to justify giving Sprint more money, when they are not only backed by Softbank, and their billions of dollars, and lack of investment in the network, as well as lack of interest in anything about Sprint except yelling at them to make money...but really hard to justify giving Sprint anything when they so blatantly spent money buying a bad investment in RadioShack stores.
I mean, that money there could have gone toward network improvements, as well as customer service improvements, but Sprint has always been the only carrier to blow through cash like a fire in an orphanage.
I mean, that money there could have gone toward network improvements, as well as customer service improvements, but Sprint has always been the only carrier to blow through cash like a fire in an orphanage.
Totally agree, they are in WAY over their head, fighting a price battle they CANNOT win.
...and they want their "Sprint sucks and is going out of business any day now" mantra back.
Before you waste mine and everyone else's time with the predictable "I never said Sprint was going out of business, I just said blah, blah, blah," please al...
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Before you waste mine and everyone else's time with the predictable "I never said Sprint was going out of business, I just said blah, blah, blah," please al...
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I'm not going to try and pad a claim in defending Sprint, but what is frustrating, is only having one Sprint store in a major city such as mine. And it is the other side of the city. What most of my VZW and ATT friends love about the two largest, is l...
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I agree Slammer. S has less than half the store ATT and V have (even fewer than T). This will put them even or over at bargain prices. It does sound weird but if you really think about it they need the retail footprint, they don't have it, and this is...
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