Four executives of Sprint Nextel Corporation are caught in the midst of transition. A corporate restructure where there is an involvement of merger between consumer service operations and sales and marketing.
Through a memo acquired by Reuters, reshuffling of executives is confirmed. Based on the memo, Bill Malloy is now assigned to market both consumer services and the business per se while Paget Alves is given the responsibility to regulate consumer sales as being appointed as the Chief Sales Officer.
Meanwhile, John Carney (Head for Marketing), Bob Johnson (Head for Customer Services), (Senior Executive) Chris Rogers and Danny Bowman (integrated solution’s President) all leave the giant wireless company. Head for wholesale business of Sprint, Matt Carter will replace the responsibilities of Bowman.
On the other hand, Finance New Network release a report that revealed three wireless telecom companies with the lowest rate on Enterprise Vale to Sales ratio.
According to FNN, Sprint is the lowest telecom company on Enterprise Value to Sales Ratios. The company only gathered 0.65 EV Sales. Price target consensus of analysts for the company is 3.34 dollars. Within 50 days of moving average, it earned 2.56 dollars while 3.94 dollars in 200 days MA.
Analysts forecast that despite this, the telecom company might still be on the limelight this year as it closed a deal with Apple Incorporated’s iPhone 4S.
Telephone and Data Systems has the same EV sales as Sprint. It also has 0.65 while NII Holdings filled in the bottom 3 with 0.81 rate on EV sales.
EV sales is the indicator of investors of how valuable a certain company is. The lower the ratio, the company is more undervalued.
