Telecommunications


Sprint Losses Near $400M So Far This Year

Sprint Corp. reported a net loss of $274 million during its fiscal-year second quarter, bringing its year-to-date total losses to $393 million. That's quite a contrast from the same period last year, when Sprint earned $380 million. The company recently… more

UBS: ‘Proceed With Caution’ In This Economy

No, there isn't a sure sign of a recession hitting the U.S. economy any time in the near future, but investors should be aware that there are some elements in place that could create a slight downturn, or at least… more

KC Area Leads Kansas Job Growth

Kansas counties in the Kansas City metropolitan area led the rest of the state in job growth over the past year, according to the recently released Kansas Department of Labor (KDOL) 2019 Kansas Economic Report. Total employment in the area,… more

State AG Lawsuits Against Sprint, T-Mobile Merger Keep Coming

Pennsylvania is the latest state to join a coalition of 18 attorneys general suing to challenge Sprint's merger with T-Mobile, and an analyst said that if they are successful in court, T-Mobile would likely back out of the deal.  “The… more

World Cup Economic Impact On KC Would ‘Dwarf’ Super Bowl

If some of the men's 2026 FIFA World Cup games are played in Kansas City, the economic impact on the local area would likely double that of a Super Bowl, speakers said Tuesday during a panel discussion at Children's Mercy… more

Gov. Parson Has a Democratic Challenger

Missouri State Auditor Nicole Galloway, a Democrat, has put her hat in the ring to challenge Republic Gov. Mike Parson for the office in the August of 2020 election. Galloway, from Columbia, late last month publicly asked Parson to take… more

Sprint Loss Shrinks in First Quarter

Overland Park-based Sprint reported a first-quarter loss in the midst of its merger with T-Mobile, but its results were better than the prior financial period. The wireless carrier's first-quarter net loss came in at $111 million, down from what was… more

DOJ Gives Nod to Sprint, T-Mobile Merger

It's almost a done deal as far as the federal government is concerned. The U.S. Department of Justice granted approval of the merger between Overland Park-based Sprint Corp. and T-Mobile US, of Bellevue, Wash., which the companies say will create… more

Wichita Firm Now Owns Sprint Campus

Wichita-based Occidental Management has closed on its purchase of the Sprint headquarters in Overland Park, according to an announcement on its Facebook page.  The deal, which closed for an unspecified amount (it is appraised at $342 million, according to Johnson… more

Flooded Missouri Small Businesses Eligible for Fed Funds

The damaging floods in the region seem never ending this year, and property owners have certainly felt the pain.  For some small-business owners in the Kansas City, Mo., region, though, some of that might be abated. Non-farm and non-agricultural small… more