|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||77.99 - 77.99|
|52 Week Range||77.99 - 77.99|
|Beta (3Y Monthly)||0.37|
|PE Ratio (TTM)||20.46|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
The future of the T-Mobile and Sprint merger remains unclear. Several state attorneys and Democratic senators have come together to oppose it.
After FCC Chairman Ajit Pai recommended the approval of the T-Mobile–Sprint merger, Representative David Cicilline urged the FCC to allow public comment.
Dish Wireless requires $10 billion for its network buildout, but it only has $1.9 billion in the bank. The FCC bars it from selling spectrum to raise cash.
President Donald Trump waded into an internal Republican fight in New Hampshire ahead of his trip there on Thursday, advocating that his former presidential campaign manager Corey Lewandowski seek the party's nomination for a U.S. Senate seat to challenge Democratic incumbent Jeanne Shaheen. Trump said in a radio interview that aired Thursday in New Hampshire that Lewandowski, a state resident, “would be fantastic” as a senator. Some Republicans in New Hampshire have been vocal about not wanting to see a run by Lewandowski, who built a reputation as a ruthless campaigner before he launched Trump's presidential bid in 2015.
U.S. Representative David Cicilline urged Federal Communications Commission Chairman Ajit Pai on Thursday to give the public the chance to comment on a draft order that would grant agency approval to the $26 billion merger of T-Mobile US Inc and Sprint Corp. Consumer advocacy groups have raised concerns that the merger could raise the cost of wireless services.
T-Mobile (TMUS) and Sprint (S) are looking to initiate settlement discussions with a group of state attorneys general. About 16 states are suing.
Earlier today, the FCC officially recommended the approval of the $26.5 billion proposed merger between T-Mobile (TMUS) and Sprint (S).
The now bipartisan makeup of states opposing the T-Mobile merger with Sprint has lowered the odds of the deal going through, despite Department of Justice approval, says one analyst.
U.S. Federal Communications Commission Chairman Ajit Pai on Wednesday circulated a draft order that would grant approval to the $26 billion tie-up of T-Mobile Us Inc and Sprint Corp. "The evidence conclusively demonstrates that this transaction will bring fast 5G wireless service to many more Americans and help close the digital divide in rural areas," Pai said in a statement. The order must still be approved by two of the other four FCC commissioners.
Two major U.S. carriers, AT&T and T-Mobile, announced this morning a plan to team up to protect their respective customer bases from the scourge of scam robocalls. The two companies will today begin to roll out new cross-network call authentication technology based on the STIR/SHAKEN standards -- a sort of universal caller ID system designed to stop illegal caller ID spoofing. Robocalls have become a national epidemic.
Oregon is the latest state to join an antitrust lawsuit to block the T-Mobile, Sprint merger. Check out the video to see which states have already jumped on the bandwagon.
On Monday, Oregon Attorney General Ellen Rosenblum joined the lawsuit opposing the T-Mobile and Sprint merger. On Monday, T-Mobile closed at $76.94.
U.S. stock futures fall as unrest in Hong Kong and the ongoing trade tensions between the U.S and China make for jittery investors; Oregon is the 16th state to join a lawsuit blocking the merger of T-Mobile US and Sprint; Verizon reaches deal to sell blogging website Tumblr.
T-Mobile (TMUS) announced last week that the new Samsung (SSNLF) Galaxy Note10 and Galaxy Note10+ will be available for preorder on its website.
Fifteen states and the District of Columbia are now seeking to stop the merger, which the states argue is anticompetitive and will cost their residents more than $4.5 billion annually. "Oregon’s addition to our lawsuit keeps our momentum going, and ensures that there isn't a single region of this country that doesn't oppose this anticompetitive megamerger," New York Attorney General Letitia James said in a statement. Earlier this month, a U.S. District Court in Manhattan ordered that the trial be delayed to Dec. 9, in a victory for the states, which had said they needed more time to investigate the merger.
Does T-Mobile stock (TMUS) still have upside potential after gaining more than 21% this year? We think the stock looks expensive right now.
According to Keith Snyder, the T-Mobile and Sprint merger has a 50% chance of going through due to the new hearing date and Texas joining the lawsuit.
Dish Network stock (DISH) surged nearly 4% on Thursday after chairman Charlie Ergen announced that he bought around half a million shares for $15.7 million.
Dish is still among the leading pay-TV providers in the US. T-Mobile is concerned that Dish could become a tough challenger in the wireless marketplace.