Disqus
Sprint has filed documents with the SEC in hopes to raise some $500 million. The carrier plans to offer senior unsecured notes which will mature in August 2017, and use the money for such things as general business expenses, network expansion, debt services and acquisitions.
This comes after they posted another bad quarter and after announcing their intent to acquire Virgin Mobile USA for $483 million. To be fair, Sprint is trying to improve its financial footing, and in that sense they’ve recently announced the so called “Network Advantage” outsourcing deal with Ericsson. Still, I’m not sure that alone can help — Palm Pre is cool, but they need more compelling offering across market segments…
[Via: PhoneScoop]
About The Author
Dusan Belic
Dusan has been using smartphones since their introduction and is now following the latest trends in the industry. The "convergence" is what he's most excited about, and writing about it is the next logical thing to do. He thinks that using a smartphone is what everyone who cares about their time should do. In addition to his interests in mobile phones, Dusan also loves to experiment with the latest web and mobile 2.0 services. The idea of accessing and managing your information from any device no matter where you are simply amazes him. Whether it's an online to-do list, note taking service or a video sharing social network, he's there to try it out. He admits though, he's still searching for the ultimate web-based organizational tool, which "sings" perfectly with the mobile PIM application. Dusan used to run SymbianWatch.com which later became part of IntoMobile. He lives in Serbia, South-East Europe, from where he edits the site on a daily basis.
