) has reportedly collaborated with
NQ Mobile Inc.
) to allow its customers access to the latter's NQ Music Radar
technology on its latest smartphone, HTC One M8 Harman Kardon
Further, NQ Mobile's NQ live will be the default music
experience for the new handset, which will be commercially
available from this month to Sprint's customers. We believe the
new offering will provide enhanced wireless experience, and thus
prove beneficial for new additions to Sprint's existing customer
The agreement entails integration of NQ Mobile's Music Live
and Music Radar with Sprint's Music Plus on HTC One M8 Harman
Kardon edition. The new enhancement will enable customised
content and functionality in real time. In addition, customers
will also have access to live interactive wallpaper and instant
music discovery and recognition through this latest technology
We believe Sprint is working on its network modernization and
integration efforts, which can fortify its position in the
wireless industry. Aside from its conventional mobile wireless
business, the company is also expanding its wireless services in
the automotive market and has struck a deal with Rogers
Communications Inc. to offer telematics services in Canada.
Sprint's telematics service, known as "Sprint Velocity," will
provide seamless connectivity to vehicles under Rogers' wireless
network. The connected service will include news, weather,
sports, navigation, climate control, security, emergency services
and vehicle diagnostics.
In addition, the company is also venturing into mobile health
services. Its mobile health business expanded its facility in
Kansas City, resulting in development and commercialization of
emerging mobile healthcare applications and services.
Sprint currently has a Zacks Rank #3 (Hold).
Other Stocks to Consider
Better-ranked stocks in this sector include
Level 3 Communications, Inc.
Nippon Telegraph and Telephone Corp.
). Both stocks hold a Zacks Rank #2 (Buy).
LEVEL 3 COMM (LVLT): Free Stock Analysis
NIPPON TELE-ADR (NTT): Free Stock Analysis
SPRINT CORP (S): Free Stock Analysis Report
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