Sprint Nextel (NYSE:S) has reached a multiyear contract with the NBA.

Overland park based multinational telecommunications company, Sprint Nextel (NYSE:S), has reportedly reached a multiyear contract with the National Basketball Association.

Dan Hesse, CEO of Sprint Nextel (NYSE:S), said, “Only Sprint delivers the NBA without limits to fans with truly unlimited plans, so fans can watch and listen to live games from their phones or check scores and stats as much as they want without worry”.

Sprint Nextel (NYSE:S) stocks were at 2.27 at the end of the last day’s trading. There’s been a -35.7% change in the stock price over the past 3 months.

Sprint Nextel (NYSE:S) Analyst Advice
Consensus Opinion: Hold
Mean recommendation: 2.68
(1=Strong Buy, 5=Strong Sell)
3 Months Ago: 2.23
Zack’s Rank: 3 out of 38 in the industry