|Bid||0.00 x 1800|
|Ask||6.52 x 34100|
|Day's Range||6.39 - 6.50|
|52 Week Range||4.81 - 8.30|
|PE Ratio (TTM)||3.55|
|Earnings Date||Oct 23, 2018 - Oct 29, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||5.78|
Ericsson (ERIC) and Sprint (S) have joined forces in a program to develop a network and operating system to power IoT (Internet of Things) devices. The goal of the partnership is to build a platform capable of supporting a broad range of IoT applications such as autonomous driving and robotics. The companies noted that the platform they want to build would be ready for 5G. Sprint, a leading US mobile network operator that exited the second quarter with 53.7 million wireless customers, is also underway with preparations to build a nationwide 5G network.
Although Apple’s (AAPL) new flagship iPhone models were slated to hit the market on September 21, the preorders for the iPhone XS Max and iPhone XS models started on September 15. Within 30 minutes of the preorder opening, the iPhone XS Max—priced between $1,099 and $1,499—was sold out.
The nation's largest low-cost wireless carrier has submitted a letter to regulators in support of the merger.
Samsung (SSNLF) is stepping up its chase of the global earphones and headphones market—worth billions of dollars—with the release of three new wireless headphones. The three headphones—Y100, Y500, and N700NC—were launched earlier this year, with the Y100 and Y500 being immediately available for purchase in the United States.
T-Mobile (TMUS) has recently teamed up with Apple on a device leasing program that could help it win more business customers. Under the program, businesses that activate at least 25 lines on a T-Mobile network are eligible to lease iPhone or iPad devices over a 24-month period without any deposit. Apple refreshes its iPhone product line every year, but major upgrades are introduced every two years.
AT&T (T) is underway with preparations to launch its mobile 5G (fifth-generation) service in 12 US markets in 2018. Rival Verizon (VZ) is on track to launch its fixed 5G service in four markets next month.
The idea of combining T-Mobile (TMUS) and Sprint (S) into a single, more powerful mobile operator has emerged as an issue for several entities, from labor unions to some telecommunications companies who have come out to oppose the merger proposal. Reasons cited for objecting to a T-Mobile–Sprint merger include fears of job losses and reduced competition in the market that could result in higher prices for wireless consumers.
Yesterday, President Donald Trump announced a new round of tariffs on Chinese goods — $200 billion to be exact. In response, China issued a $60 billion levy on U.S. goods. In an increasingly global economy, prospects for a trade war with China tend to foster nervousness among investors.
The FCC (Federal Communications Commission) announced last week that it needed more time to review the possible merger between T-Mobile (TMUS) and Sprint, the third- and fourth-largest carriers in the country. The two companies are looking to merge, as competition in the telecommunications sector has been squeezing their margins.
T-Mobile (TMUS) has been consistently deploying new spectrum, improving its network, and increasing capital spending to lay the groundwork for 5G (fifth generation). For 2018, T-Mobile expects capex of $4.9 billion–$5.3 billion, including spending for 5G deployment. T-Mobile has been working on its network and distribution and is seeing encouraging results, especially in the Greenfield markets.
Verizon (VZ) is ready to keep its promise to start offering 5G (fifth-generation) service in 2018. It recently released details of its 5G rollout schedule and pricing. Verizon 5G Home, the name for the new wireless service, will go live on October 1 in four cities: Sacramento, Los Angeles, Houston, and Indianapolis.
OVERLAND PARK, Kan. , Sept. 17, 2018 /PRNewswire/ -- Sprint (NYSE: S) announced assistance today for customers impacted by recent fires in Andover , North Andover and Lawrence, Mass. Effective Sept. 14, ...
Verizon (VZ) is scheduled to roll out its 5G (fifth-generation) fixed wireless broadband Internet services in October in five markets. Notably, Verizon was the first carrier to launch a 4G (fourth-generation) LTE (Long-Term Evolution) network nationwide six years ago. Verizon has been consistently focusing on improving its network to add more customers by offering various unlimited plans and adding other perks such as free TV streaming.
Verizon Communications (VZ) is about to become the world’s first company to launch commercial 5G (fifth-generation) broadband Internet service on October 1. The service will provide its customers with one of the fastest speeds, thus giving Verizon a competitive edge over its telecommunications rivals. Verizon is giving a free introductory three-month trial of its 5G Internet and TV service to everyone in the launch areas.
Sprint (S) is coming up with new ideas and solutions to better serve its customers and help business enterprises improve their relationship with employees.
I am writing today to help inform people who are new to the stock market and want to learn about Return on Equity using a real-life example. Sprint Corporation (NYSE:S)Read More...
Previously in this series, we looked at the latest Wall Street analyst recommendations for Charter Communications (CHTR) stock. The majority of analysts are suggesting a “buy.”
Lease iPhone XS for $0 per month with eligible trade-in OVERLAND PARK, Kan. , Sept. 14, 2018 /PRNewswire/ -- Sprint (NYSE:S) today announced it will offer the most advanced iPhones ever, iPhone XS and ...
On September 7, 28 analysts actively tracked Charter Communications (CHTR) stock. One analyst rated the stock as a “sell,” 21 rated the stock as a “buy,” and six rated the stock as a “hold.”
The next evolution in wireless network technology promises to allow autonomous cars to talk to one another and to push internet access into more remote places, but consumers shouldn’t hold their breath waiting for 5G to deliver on its promises. Although 5G will begin rolling out by the end of the year, it could be years before the costly infrastructure buildout allows the technology to fulfill what experts agree is significant changes, The Wall Street Journal reports. Locally, 5G takes on added import because of the proposed $26.5 billion merger of Overland Park-based Sprint Corp. and T-Mobile US Inc. The two wireless companies, eager to take on their bigger rivals (including AT&T Inc., which is introducing its 5G network this year), have argued that a key justification for their union is an increased capacity to build a 5G network.
OVERLAND PARK, Kan., Sept. 14, 2018 /PRNewswire/ -- Sprint (NYSE:S) today announced the launch of Sprint Complete, an affordable suite of benefits providing protection against life's "oops moments." Sprint Complete is the most comprehensive protection program in the wireless industry and it is now available for select Sprint phones, tablets and smartwatches. Of the four major U.S. carriers, Sprint provides the largest in-store repair network with 450 Sprint repair stores and 260 Apple stores for Apple Care Service. Sprint offers the most repair options including in store repair, on-site repair, and mail-in repair (select models only) and is also the only major carrier to use manufacturer-certified parts in all repairs.
OVERLAND PARK, Kan., Sept. 13, 2018 /PRNewswire/ -- Sprint (NYSE:S) announced support today for customers impacted by Hurricane Florence and resulting flooding in North Carolina, South Carolina and Virginia. Effective Sept. 12, 2018, through Sept. 25, 2018, Sprint will waive call, text and data overage fees for Sprint customers in the affected areas. Customers on Unlimited plans will continue to enjoy their unlimited data, call and text benefits.
Cable provider Altice USA (ATUS) is on track to begin offering wireless services starting in 2019. The Altice wireless service is expected to be anchored on Sprint’s (S) network. Charter Communications (CHTR) and Comcast (CMCSA) have also launched wireless services, and both use the Verizon (VZ) network.
Charter Communications’ (CHTR) closing price on September 7 was $305.19 per share. Based on that closing price, Charter had a market capitalization of ~$71.9 billion. Charter’s highest price in the last 52 weeks stands at $397.39 per share. Its lowest price in the last 52 weeks was $250.10 per share.
Dish Network (DISH) has reservations about T-Mobile (TMUS) and Sprint (S) merging. The company has written to US regulators reviewing the T-Mobile–Sprint merger proposal to block the two wireless providers from combining, according to a Reuters report citing government filings. Dish argues that T-Mobile and Sprint have exaggerated their arguments for a need to combine and that a merger of the two would result in higher prices for wireless consumers.