Sprint Liquidity Doesn't Fix Company, Moffett Says
Sept. 26 (Bloomberg) -- Craig Moffett, an analyst at Sanford C. Bernstein & Co., talks about Sprint Nextel Corp's stock and the impact of Apple Inc.'s iPhone 5 on wireless carriers.
Sprint’s stock has surged 136 percent this year for the second-biggest gain in the Standard & Poor’s 500 Index as the wireless provider boosted sales with the iPhone and began rolling out a faster network. Moffett speaks with Tom Keene and Scarlet Fu on Bloomberg Television's "Surveillance." (Source: Bloomberg)