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Sprint Corporation (NYSE:S) Increases Data By 100% For All The Business Customers

Boston, MA 10/13/2014 (wallstreetpr) – According to reports, Sprint Corporation (NYSE:S) has decided to offer double data to all the business customers without any further price increment. The decision has come at a time when other rival companies are trying to increase prices. New plans of the company had been launched on October 10, 2014. According to these plans, S is offering 240GB to 800GB of data to those business customers that have 50 to 100 lines.

Insights of the announcements:

Sprint Corporation (NYSE:S) understands the depth of market competition very well. That’s the reason it has come up with more attractive and less expensive data plans than AT&T Inc. (NYSE:T) and Verizon Communications Inc. (NYSE:VZ). As per the information, it’s data plans promotion will continue till October 31, 2014. Those business customers who will subscribe for S data plans will be offered similar benefits to those of T at approximately $50 to $150 less per month. Offers don’t stop here as S will also waive off access charges of $15 for unlimited talk for those customers who switch from other carriers to them till the end of the month. The waiver will continue till the end of 2015.

All the new promotions are only available to those customers who opt for installment billing. It’s one of those promotion offers that the company has been offering for last some time under Sprint Business Share Plans. Management of Sprint Corporation (NYSE:S) expects that it will further enhance the customers of the company. All the major companies other than S are offering these plans t almost double rates than what S has offered. It will further increase competition in the market and prompt other companies to either reduce their plan value or increase the data. No comment has come from T and VZ as of now in regard with this announcement of Sprint Corporation (NYSE:S).

Published by Steve Hackney

Steve Hackney is a corporate finance professional with over 14 years of experience in cash management and investing. He earned a Bachelor of Science in Finance from Florida State University and holds a Certified Treasury Professional certification. Steve lives in Orlando, Florida with his family.



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