Sprint Corporation (NYSE:S) Continues Its Green Sprint

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Dallas, Texas 11/26/2013 (Financialstrend) – Sprint Corporation (NYSE:S) has always carried its ‘green’ spirit on its sleeve. In many ways, the company has defined environment consciousness in the technology field. It has been one of the first companies to bring in features and components which are non-harmful in terms of biodegrading and support full-recycling processes.

Sprint Reclaim was one of the unique and telling projects for Sprint.

Reclaim

Sprint Reclaim devices used recycled materials. Perhaps the initiative was way ahead, for this offer three years ago, failed miserably!However, its recycling program has had a good run with more than 40 million devices, mostly phones collected and recycled.While there has been poor user response to Reclaim, Sprint will hopefully continue its green streak.

Spark

In October last, Sprint launched Spark.

Spark is network that will help the company leverage its broad spectrum of wavelengths it currently owns. The network will allow handsets which are compatible with Spark’s requirements to run on three frequencies at the same time, much like Google Fiber. However, in the areas, where Spark is available, users admit to the performance much more satisfying than the competition.

Sprint is expected to soon ascend on the leader board for its LTE and multiple-spectrum access strengths. On the matter of services, however, Sprint has bungled in the customer-service department with some of the poorest response rates and bad experience scenarios for some of the Sprint buyers.

Stock performance

Sprint Corporation (NYSE:S) apparently has more technology and environmentally conscious friends than friends for it has been a high performing stock.

Prices have declined by 1.40%, reaching $7.72 per share. It currently has volume trades in the region of 1.83 million, though average volumes are pegged at 19.16 million shares.

In the past 52 weeks, share prices have moved between $5.15 and have reached as high as $8.19. It also has a market capitalization of $30.79 billion.

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