Htc Bibliography

Sprint Corporation is also known widely as Sprint which in the beginning was called Brown Telephone Company. Sprint is the third largest wireless network providers in the U.S and also a major global internet provider. Sprint was founded in 1899 by Cleyson and Jocob Brown which in the beginning they were only providing telephone service to Abilene, Kansas.Sprint didn’t change its name to Sprint Corporation until 1992. Sprint currently serves about 53.6 million customers now today in 2014. Sprints headquarters is located in Overland Park in Kansas. In July of 2013 more than half of the company was purchased by Japanese telecommunications company SoftBank Corporation.(Wikipedia)

The revenue for Sprint Corporation for December 2013 was $35,493 million which it has been steadily increasing in December 2012 the profit was $35,345 million. In December 2011 Sprint corporation total revenue was $33,679 million. “Year over year, Sprint Corporation has seen revenues remain relatively flat.” (Bloomburg Business Week) Every years Sprints net income has been in the negative taking a loss. Sprint Corporations has seen the smallest loss in net income in December 2011 of it was at $-2,497 million in December of 2013 $ -4, 353 million which was highest it was for the last three years because in December 2013 was $-3,018. The net income for Sprint has been in the negative for the past four years but is the same within the industry for all communication providers. The lowest the net income has been was on December 31, 2011 with a net income of -2890.0. The net income reached its highest peak at -4,353.0. The net income was back down in December 31, 2013-3018.0. “A reduction in the percentage of sales devoted to costs of goods sold from 58.78% to 57.10% was a key component in the bottom line growth in the face of flat revenues.) (Bloomberg Business week) Sprints Assets have been in the lower than the industry average but not by much Sprints assets

One of the companies...