Can't wait to see what happens when T does an overnight asset monetization and ramps the share buyback program with the proceeds.
Big boy flows into defensive positions
Solid long term buy and cha ching dividends.
Here's how you get to the extra $5B in upside (not reported in guidance)
Leap Wireless deal closes this month -- look for T to use this to aggressively beat up T-Mobile. This deal also takes revenue away from Sprint and expands the Leap (Cricket) Network nationwide -- new source of pre-paid and post-paid revenues. Taking Leap nationwide will add $1.5B upside
Financing handsets and dumping handset subsidies -- $500M upside
"Connected automobiles" - 40% of existing equipped automobiles are already on T's network --- this will be closer to 50-60% by 2015 ---$250M upside
Business users --- T will add over 1 Million in 2014 ---- $500M upside
Residential Broadband and fiber --actually growing at 28% (vice the 2-3% above) -- $1B upside
Wireless users - T's is only guiding 2-3% growth (above) when last year it grew 5% --- the new aggressive pricing plans will deliver comparable 2013 growth figures --- $1.5B upside
I owned VZ up until a couple of weeks ago --- unloaded all my shares to build large position in T.......cheaper, better growth trajectory (in spite of what Cramer argues), 10 MILLION more wireless subscribers than VZ , and better positioned from a investment (CAPEX) point of view --- T is clobbering VZ on this front and is spending $6B more this year alone.........
You obviously haven't traveled through Ben Gurion Airport in Tel Aviv --- try that one on for fun and excitement........talk about a wired, hyper, chain smoking bunch of security personnel...........
But I'm really pulsed watching T-Mobile drain its resources in a last ditch effort to add subscribers --- keeps them occupied. S, with its disastrous merger with Nextel and its failed WiMax and countless other business venture miscues continues on its path of self destruction with major distractions......
Dept of Justice (DOJ) is dead set against any merger -- in fact, T-Mobile is only adding further justification to DOJ's position by adding customers at the expense of shareholders.
Son and crowd over at Sprint have been counter-arguing that T-Mobile and Sprint cannot separately build out their networks as it drains company coffers ---- DOJ isn't buying that argument, but I'm thrilled Sprint and T-Mobile keep bleeding their shareholders at the expense of adding wireless subscribers ---- that' wont last and they'll just suck up every resource in the process.
Sentiment: Strong Buy
Valuations / multiples have expanded in the markets and T's discounted multiple remains a primo choice for defensive players
He has time to clown around on "Between the Two Ferns with Zach Galifianakis" with the economy in reverse and energy prices spiking???
Big boys - I'd get out of their way
Gets T out of the middle and will increase shareholder profits and cash flow starting this year
More revenue heading T's way on MOBILE USAGE which is on a tear --- cha ching for T longs
I personally liked him up to the point I realized he was lying repeatedly to Americans --- now have no use for the lying #$%$.
Time for Americans to evict the bum.
The trucks are maintenance nightmares too - retail prices at the stealerships for trucks in general are obscene --- the industry is pricing itself beyond the reach of most Americans. In quite a few parts of this country, Ford trucks are priced identically to 1000-1800 sq ft homes.
Last week's Cramer bounce was just a preview --- the institutional buy programs are rolling
Big bump EOQ and into new quarter by the big boys
Yeah, but the real deal is about who is putting throw-weight in the fight --- T's clobbering VZ this year on CAPEX ($6B greater than VZ)................I unloaded VZ last week on its inability to keep up with T's CAPEX since VZ now has new debt servicing and dividend expenses