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Yahoo! My Yahoo! Mail More Yahoo! Services Account Options New User? Sign Up Sign In Help Yahoo! Search web search Home Singapore Asia Pacific World Business Entertainment Sports Technology Sprint shares could rise on 4G phone: Barron's Reuters - Monday, May 24 Send IM Story Print NEW YORK - Shares of Sprint Nextel could rise to about $6 a share, helped by the introduction of a mobile phone that works on the carrier's new high-speed network, according to business weekly Barron's. The newspaper said in its May 24 edition that Sprint's total subscriber base could grow as it takes the lead with a phone that runs on its "4G" network, which it promises will deliver speeds up to 10 times faster than existing networks. Sprint's new phone, called the Evo 4G, goes on sale next month. As Sprint's revenue and cash flow increase, its shares could climb, even though its bottom line remains in the red, the paper said. With Sprint Nextel's shares at around $4.50, "the market is still not giving Sprint credit for the strong cash flow," the paper said. "Sprint trades at a so-called free cash flow yield of near 20 percent, compared to about 10 percent for rivals AT&T and Verizon." Recommend Send IM Story Print Related Articles Facebook founder out to fix "a bunch of mistakes" AFP - Monday, May 24 Sprint shares could rise on 4G phone: Barron's Reuters - Monday, May 24 Swiss want new rules to regulate firms like Google AFP - Monday, May 24 Facebook tuning privacy controls to appease critics AFP - Sunday, May 23 Bolivia to swap organic food for Finnish technology: Morales AFP - Sunday, May 23 News Search Top Stories Britain's coalition sets out plan to cut record deficit Air passengers face misery as BA strike starts Spanish PM vows to stay firm on cuts despite strike threat Anger mounts as oil blackens Louisiana marshes, beaches Clinton, Geithner arrive in Beijing for talks More Top Stories » ADVERTISEMENT Most Popular Most Viewed Most Recommended Paris museum burglar grabs 120-million-dollar art haul Tourists take walk on wild side with LA gang tour US team creates first 'synthetic life' Britain's coalition sets out plan to cut record deficit Pope, ECB chief slam governments over debt crisis More Most Viewed » Scientists stunned as grey whale sighted off Israel Lack of sleep linked to early death: study UN fears 'irreversible' damage to natural environment Earth may be too hot for humans by 2300: study Ocean fish could disappear in 40 years: UN More Most Recommended » Elsewhere on Yahoo! Financial news on Yahoo! Finance Stars and latest movies Best travel destinations More on Yahoo! News Home Singapore Asia Pacific World Business Entertainment Sports Technology Subscribe to our news feeds Top StoriesMy Yahoo!RSS » More news feeds | What are news feeds? Also on Yahoo Answers Groups Mail Messenger Mobile Travel Finance Movies Sports Games » All Yahoo! Services Site Highlights Singapore Full Coverage Most Popular Asia Entertainment Photos World Cup 2010 Copyright © 2010 Yahoo! Southeast Asia Pte. Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Terms of Service | Privacy Policy | Community | Intellectual Property Rights Policy | Help

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