Communications Services M&A » By The Online Investor Staff, updated Fri., Dec. 14, 7:55 AM
Recent mergers and acquisitions in the Communications Services M&A category.
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Slide #81. Sprint — Handmark/OneLouder
Acquirer:
Sprint (NYSE:S)
Acquiree:
Handmark/OneLouder
Details:
Having built solid relationships with Kansas City startups to spur growth and establish the area as a hub for entrepreneurism and innovation, Sprint (NYSE:S) today announced that it has acquired Kansas City-based Handmark Inc. and its subsidiary OneLouder Apps Inc., a leading mobile app developer and advertising company. The combined teams will further enhance Sprint's Pinsight Media+TM advertising service with an increased entrepreneurial spirit and capabilities to drive tremendous benefits for brands, app developers and consumers.
Sprint is a holding company. Through its subsidiaries, Co. is a communications company providing wireless and wireline communications products and services to consumers, businesses, government subscribers, and resellers. Co. has two segments: Wireless, which provides wireless services on a postpaid and prepaid payment basis to retail subscribers and also on a wholesale basis, including the sale of wireless services that utilize Co.'s network but are sold under the wholesaler's brand; and Wireline, which provides wireline voice and data communication services to other communications companies and business subscribers, as well as voice, data and internet protocol communication services.
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Avg. Broker Rec.
 
|
Hold (1.90 out of 4) 0th percentile
(ranked lower than approx. 100% of all stocks covered)
Based on Zacks ABR data; powered by Xignite |
