RUMOR REFUTED: Sprint Will Not Get This Boost
A rumor that Sprint (NYSE:S)-owned network, Boost Mobile would feature Apple’s (NASDAQ:AAPL) iPhone on a prepaid plan in September, following the announcement of a prepaid plan for the phone on the Cricket network, has been just been refuted by 9to5Mac.
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The site cited sources as saying the rumor was pure fiction: “Why would Boost start carrying the current iPhone right as a new one is launched?”
Investors should now go back and start updating their models to reflect the news.