Sprint Nextel Corp., (NYSE:S) has spent the last couple of years to rid itself of the legacy issues of the Nextel network. Sprint Nextel Corp., (NYSE:S) stock opened at $8.48 in last session, and closed at $8.87. The stock showed a negative weekly performance of -1.11%.
In Vodafone Group Plc (ADR) (NASDAQ:VOD), news, British newspaper the Times reported that the company has approached the private-equity owners of a Spanish broadband operator about a potential 7 billion pound ($11.6 billion) offer. Vodafone Group Plc (ADR) (NASDAQ:VOD), stock opened at $37.18, in last session and closed at $36.80, by losing -3.26%. The 52 week range of VOD is $24.42 – $39.44. Company’s market capitalization is $178.34billion.
AT&T Inc. (NYSE:T), says it does not intend to make an offer soon for British cellphone company Vodafone. The announcement by the largest US telecommunications company means it is restricted from initiating a bid on Vodafone in the next six months, according to British takeover rules. AT&T Inc. (NYSE:T), stock advanced 0.27% and finished the last session at $33.51. The EPS of the stock remained 1.41. Company’s market capitalization is $176.93billion.
The telecom giant Verizon Communications Inc. (NYSE:VZ) once again delivered double-digit earnings growth for the fourth quarter, marking 2013 as a year of strong growth. Verizon Communications Inc. (NYSE:VZ), stock opened the session at $47.71, and closed the session at $47.69. The 52 week range of the VZ stock remained $42.34 – $54.31 and the day range was $47.41 – $48.36.