Reasons to Buy Sprint Nextel Corporation (S)

AT&T plans to deploy high-speed fiber connections to 1 million additional business customer locations by the year-end 2015, and also plans to expand its 4G LTE high-speed, wireless-data network’s coverage to cover 300 million people by the end of 2014.

Looking at Verizon, it also continues to redefine its residential broadband network around fiber with its innovative FiOS network, which is proved to be another platform for growth. Verizon is to enter the field of digital healthcare. It will provide a mobile-healthcare platform that gives clinicians and patients a better tool for monitoring the conditions of their patients and managing chronic diseases.

Conclusion

I believe the anticipated growth and the already-healthy trends in Sprint’s subscriber base, the growth in its operating income and its plans to introduce the new CDMA services, coupled with room for expansion in the already introduced 4G LTE network will drive its stock price up. Therefore, investors looking to invest in Sprint should keep a close eye on these stock-price drivers.

The article Reasons to Buy Sprint originally appeared on Fool.com and is written by Red Chip.

Red is a member of The Motley Fool Blog Network — entries represent the personal opinion of the blogger and are not formally edited.

Copyright © 1995 – 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.