Sprint On Track to Shut Portions of US Cellual Network and 2 More Heavily Traded Stocks to Follow
Sprint Nextel Corp. (NYSE:S): Current price $6.76
Sprint is advising the customers it acquired via the May transaction with U.S. Cellular that it will start closing the affected portions of the U.S. Cellular network. The shutdown will be effective for the St. Louis metropolitan area, including parts of Missouri and Illinois, on October 31. Closing the affected portions of the U.S. Cellular network will permit Sprint to reuse the wireless spectrum so as to enhance service on its Nationwide Sprint Network. Service for the customers will be interrupted should they not move their service to Sprint or another carrier prior to the change.
Delta Air Lines Inc. (NYSE:DAL): Current price $19.64
Delta might not operate a hub in Seattle, but during the past several years, the city has become an important international gateway for the carrier, which began code-sharing with the Seattle-based Alaska Air in 2005 and has gradually grown that partnership.
This accord facilitates links between Alaska’s extensive Seattle-based route network and Delta’s flights from Seattle, and in the past year, Delta has intensified its Seattle presence. The carrier has announced or begun serving a number of new international routes, and has added service to Los Angeles, which is its other West Coast international gateway, upgrading its amenities in Seattle.
Nokia Corp. (NYSE:NOK): Current price $4.00
The Finnish handset manufacturer has debuted a high-end feature phone, Nokia 515, priced at $150 and available in both single and dual-SIM modes. Nokia 515 features a 5-megapixel camera and LED flash while its screen is guarded by a scratch-resistant gorilla glass. The handset sports an aluminum coated chassis with 11 mm thickness and also 256-megabyte internal storage, 32-gigabyte microSD support, Bluetooth 3.0, HD Voice and USB tethering. In September, Nokia intends to ship the device to Germany, Russia, Switzerland and Poland.