UPDATE 3-Sprint says to be cash-flow positive next year, shares soar

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UPDATE 3-Sprint says to be cash-flow positive next year, shares soar
July 26, 2016 Some analysts and investors had raised questions about Sprint's financial position after majority owner SoftBank Corp agreed earlier this month to buy UK chipmaker ARM Holdings Plc for $32 billion. Sprint had negative cash flow of $3.17 billion in the financial year ended March 31. The carrier, based in Overland Park, Kansas, also experienced its lowest... Source: http://www.cnbc.com/2016/07/25/reuters-america-update-3-sprint-says-to-be-cash-flow-positive-next-year-shares-soar.html