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Sprint Nextel Corporation (NYSE:S) Launching Entertain Me; a Branded Music and Video App for Android Users - VIV, IQNT, SKM

 
 
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Pompano Beach, FL -- (SBWIRE) -- 01/09/2013 -- No Limit Stocks - NOLIMITSTOCKS.com covers all the latest on up and coming stocks in the market. No limit Stocks team contain experts that study and analyzes the stock market and help individuals break through the limits and make them better & more successful investors.

Sprint Nextel Corporation (NYSE:S) is releasing a branded music and video app Tuesday for smartphones operating Google Inc. (NASDAQ:GOOG)’s Android operating system as the carrier further plans to differentiate its wireless service from competitors.

Can Investors Bet on Sprint Nextel after this News update? Find out in this Research Report

The app, to be titled Entertain Me, will present video services such as live and recorded television and movies, along with music services from associates Spotify and Shazam. Customers will be able to browse and buy content on the phone.

The release of this product comes as carriers are tried to find features to attract clients.

Sprint Nextel Corporation (NYSE:S) shares so far in this session lost -1.17% to $5.90 with the Stock being traded within the range of $5.77 – $5.91. In the past year, it has not traded below $2.10 and was unable to surpass $6.04. The current session’s volume of 39.21 million shares is down from the average daily trading volume of 33.17 million shares.

Has Sprint Nextel Found The Bottom and Ready To Move Up? Find Out Here

Turning to some other stocks within industry, Telefonica Brasil, Inteliquent and SK Telecom Co., Ltd. are in the decliners list. Below in this article, we will have a quick look on their Market performance.

So far in the ongoing trade, Telefonica Brasil SA (ADR) (NYSE:VIV) shares are down -1.01% to $24.45 while the stock has traded within the range of $24.37 – $24.62. In the last 52-week period, shares changed hands between $21.03 and $31.32. The current session’s volume of 374,918 shares is lower than their average daily trading volume of 1.34 million shares.

Why Should Investors Buy VIV After the Recent Fall? Just Go Here and Find Out

Inteliquent (NASDAQ:IQNT) shares in the current session moved down -0.72% reaching at $2.75. The stock traded in a range of $2.74 – $2.84. In the last year the stock has moved within a range of $2.10 – $14.15. The current session’s volume of 139,466 shares is lower from their average daily trading volume of 896,650 shares.

Will IQNT Get Buyers Even After The Recent Rally? Find Out Here

Another rival company, SK Telecom Co., Ltd. (ADR) (NYSE:SKM) is at a discount of -0.16% to $16.05. In today’s trading so far, the stock price was found in a range of $16.02 and $16.07. In the previous 52 weeks the stock’s price ranged between $10.85 and $16.50. The current session’s volume of 122,367 shares was lower from their average daily trading volume of 1.32 million shares.

Has SKM Found The Bottom and Ready To Move Up? Find Out Here

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