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Tech Stocks Reports! Hewlett Packard Enterprise Co (HPE), Sprint Corp (S)

Shares of Hewlett Packard Enterprise Co (NYSE:HPE) ended Monday session in green amid volatile trading. The shares closed up +0.16 points or 0.72% at $22.50 with 9.20 million shares getting traded. Post opening the session at $22.48, the shares hit an intraday low of $22.44 and an intraday high of $22.69 and the price vacillated in this range throughout the day. The company has a market cap of $36.91 billion and the numbers of outstanding shares have been calculated to be 1.67 billion shares.

Hewlett Packard Enterprise Co (HPE) and Samsung Electronics Co., Ltd. announced a partnership that will provide carriers with integrated network functions virtualization (NFV) infrastructure and virtual network functions (VNF) solutions. This kind of collaboration is critical to both carriers and customers increasingly looking to implement pre-tested and integrated multi-vendor solutions based on an open architecture.

The new partnership brings together two best-in-class solutions, merging Samsung’s carrier network and HPE’s IT telecommunications expertise. Together, the solutions will help carriers accelerate their transformation from networks built on monolithic, proprietary appliances to more agile cloud-based networks enabled by NFV.

“Samsung is confident in maintaining its stance as a pioneer in delivering advanced technologies required to lead the next generation market, like open ecosystem based NFV,” said Woojune Kim, Vice President and Head of Strategy Group in Next Generation communication Team at Samsung Electronics. “We see profound potential on joining the HPE OpenNFV Partner Program to ensure a variety of choices for carriers in selecting NFV providers, along with the commercially-proven NFV solution we developed in 2015.”

Shares of Sprint Corp (NYSE:S) ended Monday session in green amid volatile trading. The shares closed up +0.25 points or 3.86% at $6.73 with 14.51 million shares getting traded. Post opening the session at $6.52, the shares hit an intraday low of $6.50 and an intraday high of $6.79 and the price vacillated in this range throughout the day. The company has a market cap of $26.58 billion and the numbers of outstanding shares have been calculated to be 3.98 billion shares.

Sprint Corp (S) announced plans to offer LG V20™ delivering a robust multimedia mobile experience. LG’s newest flagship device is Sprint’s first smartphone to come preloaded with Android 7.0 Nougat OS out of the box and the new Google In Apps phone search function.

LG V20 will be available in all Sprint retail channels, including Sprint.com and 1-800-SPRINT1, on Friday, Oct. 28. Pre-sale will begin on Oct. 21 at www.sprint.com/lgv20.

For a limited time, get a $200 trade-in credit and FREE Bang & Olufsen™ H3 earphones with the purchase of LG V20. Simply trade in your eligible smartphone to get the $200 credit. Then buy your LG V20 and get free Bang & Olufsen H3 earphones, a $149 value.

”The all-new LG V20 takes an enormous leap forward for mobile video, making it easy to share life the way it really looks and sounds,” said Rod Millar, senior vice president of Product Development for Sprint. “With V20, you can easily capture crystal-clear video and audio to share these moments exactly as you experienced them. We can’t wait to see what Sprint customers can do with this amazing smartphone.”

 

 

About Anthony Davis

Anthony Davis has been a contributor on technology for us since from day one. Anthony Davis has provided his services independently. His educational background in technology has given him a broad base of writing columns on technology.

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