Sprint Liquidity Doesn't Fix Company, Moffett Says

Sprint Liquidity Doesn't Fix Company, Moffett Says Play

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)

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