|Bid||5.75 x 500|
|Ask||6.15 x 1000|
|Day's Range||5.84 - 6.00|
|52 Week Range||4.81 - 9.22|
|PE Ratio (TTM)||3.40|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Verizon Communications Inc. (VZ) kicks off reporting season for the sector with its Tuesday morning release, but investors may be more preoccupied with events that won’t show up in the company’s results. Verizon and AT&T Inc. (XNYS:T) are reportedly the subject of a Justice Department inquiry that’s examining whether the two companies colluded with a wireless-standards organization to make it harder for people to switch to new phone carriers, according to Friday news reports. The New York Times report, which cites multiple people familiar with the inquiry, said that Verizon and AT&T wanted to be able to lock phones even if they contained an eSIM card.
Most Americans who think of 5G providers will tend to think of AT&T Inc. (NYSE:T), Verizon Communications Inc. (NYSE:VZ), T-Mobile US Inc (NASDAQ:TMUS), and Sprint Corp (NYSE:S). Also, some may provide applications not previously seen in the marketplace. The scope of 5G goes well beyond the scope of a small number of U.S. service providers.
Of the four big U.S. wireless service providers, only one has been a winner over the past several years. Who might that be, you ask? T-Mobile Us Inc (NASDAQ:TMUS). In the same period, market-leader Verizon Communications Inc. (NYSE:VZ) has seen its stock drop 7%. While the others are all down, T-Mobile stock has nearly tripled in the last five years.
5G networks are expected to be more reliable and offer Internet speeds 10-to-100 times faster than current 4G broadband technology.
T-Mobile’s (TMUS) closing price on April 16, 2018, was $62.75 per share. Based on that closing price, T-Mobile has a market cap of ~$53.6 billion—the third-highest among all major US wireless service providers. T-Mobile’s 52-week low price stands at $54.60 per share, while its 52-week high is $68.88 per share.
The 5G wireless network has the potential to boost download and upload speeds, significantly reduce latency, and improve network reliability. According to research by Statista, the number of 5G wireless subscriptions is expected to reach 545 million by 2022. Carter stated that T-Mobile is planning to roll out its nationwide 5G network by 2020 using its 600 MHz low-band spectrum, which the telecom company acquired during the Federal Communications Commission’s broadcast incentive auction last year.
Under its existing revenue accounting standards, T-Mobile (TMUS) continues to expect its postpaid phone ARPU (average revenue per user) in 2018 to be stable compared to 2017. In 2017, T-Mobile reported branded postpaid phone ARPU of $46.97, down ~1.1% from $47.47 in 2016.
Customer retention is mainly impacted by changes in a mobile carrier’s wireless network performance. Network enhancement remains a key part of T-Mobile’s (TMUS) strategy. Earlier in 4Q17, T-Mobile’s YoY (year-over-year) postpaid phone churn rate looked better at 1.2% than it did at 1.3% in 4Q16.
In this final part of the series, we’ll take a look at AT&T’s (T) technical indicators and compare them with rivals in the US telecom (telecommunications) space. On April 12, 2018, AT&T stock was trading at $35.16, which was 1.4% below its 20-day moving average of $35.67, 3.4% below its 50-day moving average of $36.38, and 4.3% below its 100-day moving average of $36.75.
Now let’s take a look at T-Mobile’s (TMUS) technical indicators and compare them to those of its competitors in the US telecom (telecommunications) space.
Now let’s analyze AT&T’s (T) dividend yield compared to its peer Verizon (VZ). A dividend yield is the true cash inflow to investors in return for every dollar invested in a company’s equity until the stock is sold. A dividend yield provides a steady income for investors. Long-term investors tend to choose stocks that have better dividend yields and dividend growth. AT&T’s dividend yield was 5.6% as of April 12, 2018. It was higher than Verizon’s at 4.9%.
can agree on how to divide ownership of a merged company, the telecoms would still face what is arguably a tougher challenge -- winning over a Trump administration that has taken an aggressive stance on antitrust. In December, the DOJ pushed Parker-Hannifin to divest a business it already acquired from Clarcor Inc. in February 2017. The government is increasingly looking for structural fixes to antitrust concerns -- i.e.
On April 16, 2018, T-Mobile’s (TMUS) stock price closed at $62.75. The telecom (telecommunications) company’s stock price has fallen 2.0% in the trailing year.
On April 12, 2018, AT&T (T) stock closed at $35.16. It fell 13.3% in the trailing year. By comparison, Sprint (S) and Verizon (VZ) saw their stocks fall 29.5% and 2.4%, respectively, in the trailing year. T-Mobile (TMUS) stock fell 1.4% in the same period. AT&T’s forward PE valuation
T-Mobile (TMUS), the fastest-growing and third-largest wireless carrier in the United States, is expanding its distribution footprint as a means of driving growth in untapped US markets.
AT&T (T), the second-largest wireless service provider in the United States, is facing uncertainty related to its merger deal with Time Warner (TWX), which was announced in October 2016. The $85.4 billion merger is currently in court in a trial that began on March 19, 2018, and is anticipated to continue for eight weeks.
The U.S. Commerce Department on Monday banned U.S. companies from providing components, software and other technology to ZTE, saying it was punishing the company for violating the terms of a settlement agreement. Sources with two mobile carriers told Reuters on Wednesday that ZTE had yet to advise them as to whether it will be able to keep delivering such updates, which patch security vulnerabilities, add new functionality and improve battery life. ZTE did not respond to requests for comment and Google declined comment when asked if the order means it can no longer provide Android updates.
In December 2017, T-Mobile (TMUS) announced its first ever stock buyback program of up to $1.5 billion worth of its common stock through 2018. It will complete the buyback by utilizing idle cash and not by leveraging up the company. Repurchasing shares is one of the ways in which the company is returning value to its investors.
America’s third- and fourth-largest wireless service providers, T-Mobile (TMUS) and Sprint (S), have restarted their merger discussions for the third time in four years. The two companies weren’t able to find mutually agreeable terms when the previous merger discussions collapsed late last year. According to an article by the Wall Street Journal, “The latest discussions come just five months after a previous courtship ended largely over who would control the combined business.” The article also stated, “It is unclear what terms Sprint and T-Mobile are considering, and it is possible, as before, that they could fail to reach an agreement.
T-Mobile (TMUS), the third-largest wireless carrier in the United States (SPY), continues to provoke the wireless industry with innovative service plans and added subscriber benefits every few months rather than just competing on price.
The on-again, off-again merger talks between Sprint Corp (NYSE: S ) and T-Mobile Us Inc (NASDAQ: TMUS ) are back on again, according to The Wall Street Journal — which prompted Macquarie Capital to drop ...
The New York Times is reporting that the Dept. of Justice is investigating whether AT&T and Verizon colluded on wireless technologies. With CNBC's Hampton Pearson.