|Bid||5.74 x 45900|
|Ask||6.04 x 45900|
|Day's Range||5.71 - 5.92|
|52 Week Range||5.04 - 6.62|
|Beta (3Y Monthly)||0.87|
|PE Ratio (TTM)||79.46|
|Earnings Date||Apr 30, 2019 - May 6, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||6.24|
Senior executives at T-Mobile US Inc and Sprint Corp made the case to U.S. officials in Washington last week that they should approve a planned tie-up between the two wireless companies, arguing a combined ...
Bragar Eagel & Squire, P.C. announces that a class action lawsuit has been filed in the U.S. District Court for the Southern District of New York on behalf of all persons or entities who purchased or otherwise acquired Sprint Corporation (NYSE:S) securities between January 31, 2019 and April 16, 2019 (the “Class Period”). Investors have until June 21, 2019 to apply to the Court to be appointed as lead plaintiff in the lawsuit. If you purchased Sprint securities during the Class Period or continue to hold shares purchased before the Class Period, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Melissa Fortunato by email at email@example.com, or telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you.
The firm's investigation concerns whether the Company misled investors regarding certain of its commercial metrics. More specifically, the firm is evaluating whether, as The Wall Street Journal reported on April 16, 2019, Sprint's buy-one-get-one smartphone sales have artificially boosted Sprint's metrics and for how long. "We're focused on investors' losses, Sprint's disclosures to regulators about the Company's business to support its merger with T-Mobile, whether those disclosures might be inconsistent with disclosures to investors, and, if so, the extent to which investors may have been misled," said Hagens Berman partner Reed Kathrein.
The fracas over 5G "E" is over for AT&T and Sprint. “We have amicably settled this matter," a spokesperson for AT&T (NYSE: T) said in an email. A spokesperson for Sprint (NYSE: S) confirmed the settlement as well.
BOSTON, April 22, 2019 -- Block & Leviton LLP (www.blockesq.com), a Boston based securities litigation firm representing investors nationwide, has filed a securities fraud.
Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of shareholders of Sprint Corporation resulting from allegations that Sprint may have issued materially misleading business information to the investing public.
Will the T-Mobile–Sprint Merger Deal Survive?(Continued from Prior Part)T-Mobile is paying Dish customers to defect The launch of T-Mobile’s (TMUS) TVision streaming TV service this month shows that T-Mobile is moving to diversify its business
AT&T's Q1 Results Are around the Corner: What Wall Street Expects(Continued from Prior Part)AT&T’s postpaid phone churn rate In this article, we’ll talk about AT&T’s (T) customer retention metric, or its churn rate. Wall Street
AT&T's Q1 Results Are around the Corner: What Wall Street Expects(Continued from Prior Part)AT&T’s prepaid customers In this article, we’ll take a look at the kind of prepaid customer net additions we can expect from AT&T’s (T)
Will the T-Mobile–Sprint Merger Deal Survive?Antitrust questions raisedA year ago, T-Mobile (TMUS) and Sprint (S) agreed to merge in an all-stock deal that valued the latter at ~$26 billion. Although the companies have secured some of the
AT&T's Q1 Results Are around the Corner: What Wall Street ExpectsAT&T’s postpaid phone net additionsAT&T (T), the second-largest mobile operator in the United States, is looking to showcase its strength as it nears its first-quarter
How Verizon and AT&T Are Battling It Out This Month(Continued from Prior Part)AT&T 5G enters 19 cities as Verizon eyes a rollout in 30 cities This month, AT&T (T) reached 19 cities with its 5G mobile phone service, and it’s eyeing
Verizon Communications (NYSE:VZ) arguably won the 5G race in October, when it launched the nation's first wireless 5G at-home broadband service. Granted, it was a dubious win that may or may not have actually helped boost VZ stock. Being the first to achieve any technological feat, however, translates into good publicity.Source: Shutterstock Now the telecom giant may be positioning to set the pace for "real" 5G when that becomes the norm sometime later this year. Specifically, on Tuesday Verizon announced a "Built on 5G Challenge" which is supposed to encourage tech developers to create solutions that best utilize the power of ultra-high-speed wireless connections. * 7 Healthy Dividend Stocks to Buy for Extra Stability The contest is once again great publicity, but more than that, it may actually serve as a breeding ground that puts Verizon front-and-center among the outfits aiming to utilize the nascent platform.InvestorPlace - Stock Market News, Stock Advice & Trading TipsIt may also be something of a red flag for VZ and VZ stock. The First to Cross the Finish Line5G is not yet available to most smartphone owners, but should be later this year. Once the infrastructure is in place and wireless customers have the right phones, they will enjoy 5G broadband speeds that are effectively 20 times faster than the standard 4G network most smartphone users utilize now.5G will easily make mobile phones powerful entertainment and business tools, but that won't be the most exciting part of it. The oft-discussed Internet of Things (IoT) era, for instance, will be ushered in by 5G connectivity, enabling the automated transfer of massive amounts of digital data.But Verizon's October unveiling of at-home 5G connectivity was aimed at consumers who want high-speed internet, delivered by a provider that won't run a physical line all the way to their homes.That launch was widely criticized because the hardware used to power the connections doesn't comply with the working standard the industry's other key players like AT&T (NYSE:T) and T-Mobile (NASDAQ:TMUS) have decided upon. That standard is known as 5G NR.Verizon's 5G TF hardware will have to be swapped out once 5G NR standards are firmed up. Sprint (NYSE:S) even went as far as to file a lawsuit against Verizon for what it alleges are misleading statements about Verizon's 5G network.But building a standard-compliant 5G network was never Verizon's point. Demonstrating its lead in 5G was its point and purpose.Mission accomplished. But at what cost and to what end? Uses Remain UnclearWhile 5G NR technology may not be completely ready, the 5G NR standard is gelled enough to be used as a developmental platform. To that end, VZ has committed a prize pool of $1.75 million that will be given to the top three small companies that come up with the best ideas on how to use 5G.The contest tacitly touches on one stumbling block for 5G:it will be very expensive to utilize the most impressive capabilities of 5G.While 5G connections via smartphones don't appear as if they will cost mobile customers leaps and bounds more than 4G connectivity, consumers don't necessarily need wireless connection speeds 20 times faster than their current service.That's not true of companies and other organizations. Networks of thousands of smart meters that a utility company may wish to deploy, precision manufacturers, and smart/self-driving vehicles all need ultra-high-speed connections and can make the best use of them. Those applications of 5G technology will be very expensive.Beyond that, though, practical applications of the technology remain fuzzy. Even as recently as January, the best argument Verizon CEO Hans Vestberg could muster for 5G was, "It's so much more - it's going to be cordless manufacturing, it could be retail stores that capture real-time information in order to give you, as a customer, a much better experience when you're in the store."Retailers may, however, have maxed out on the amount of technology they truly need to tap. Manufacturers seems to be doing well enough as-is.It's time for the specifics to start materializing. The Bottom Line on VZ StockThe contest, which is more of a grant program, in and of itself will do little to prod VZ stock in either direction. What VZ learns and the tech it gains from the Built on 5G Challenge, however, may serve as seeds for the company's biggest current priority.And it needs to. While customers often have difficulty initially understanding and utilizing new technologies, some recent tech evolutions have proven to be more bark than bite even well after theior launch. Virtual reality comes to mind. It was and is amazing, but it's hardly the earth-shattering development it was billed to be.It's a matter current and would-be owners of VZ stock may want to put on their radars, considering the company plans to spend between $18 billion and $19 billion on equipment next year, and most of that spending is meant to maintain Verizon's lead in the 5G race.Related questions are likely to come up during the Q&A portion of the company's Apr. 23 earnings call.As of this writing, James Brumley held a long position in AT&T. You can learn more about James at his site, jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 5 Dividend Stocks Perfect for Retirees * 7 Reasons the Stock Market Rally Isn't Over Yet * 10 S&P 500 Stocks to Weather the Earnings Storm Compare Brokers The post Can 5G Really Boost Verizon Stock? appeared first on InvestorPlace.
BOSTON, April 20, 2019 -- Block & Leviton LLP (www.blockesq.com), a securities litigation firm representing investors nationwide, is investigating whether Sprint Corp..
Bragar Eagel & Squire, P.C. is investigating potential claims against Sprint Corporation (NYSE:S). Our investigation concerns whether Sprint has violated the federal securities laws and/or engaged in other unlawful business practices. On April 17, 2019, the Wall Street Journal published an article titled, “Sprint Tells Regulators Its Business Is Worse Than Earlier Portrayed.” The article states that, “[Sprint] has touted adding new wireless connections for six straight quarters. What it didn’t say until now is that many of those gains were free lines or existing customers that switched services.” The article further states that Sprint’s “recent gains in so-called postpaid connections .
NEW YORK, April 19, 2019 -- Levi & Korsinsky announces it has commenced an investigation of Sprint Corporation (“Sprint” or “the Company”) (NYSE: S) concerning possible.
How Verizon and AT&T Are Battling It Out This Month(Continued from Prior Part)Verizon wants parents to have peace of mind This month, Verizon (VZ) launched a special smartphone plan just for kids, describing it as a first from a major wireless
How Verizon and AT&T Are Battling It Out This Month(Continued from Prior Part)Verizon rolls out a music bonus for loyal customers Amid tightening competition for customers in America’s mostly saturated wireless market, Verizon (VZ) is betting
How Verizon and AT&T Are Battling It Out This MonthVerizon to expand device choice for 5G mobile customersVerizon (VZ) launched its 5G mobile service in Minneapolis and Chicago ahead of schedule this month, enabling customers in these cities to
How Are the Top Telecom Stocks Positioned in April?(Continued from Prior Part)Ratings and target priceAccording to analysts’ consensus, Sprint (S) has a target price of $6.24 compared to its current market price of $6.01—an estimated rise of
BOSTON, April 18, 2019 -- Block & Leviton LLP (www.blockesq.com), a securities litigation firm representing investors nationwide, is investigating whether Sprint Corp..
Qualcomm (QCOM) benefits immensely from the patent litigation settlement, while AT&T (T) is focusing on debt reduction and probable launch of own streaming video subscription content.
Verizon's Q1 Results Are Set for Next Week: What Analysts Expect(Continued from Prior Part)Ratings and target priceWall Street analysts are maintaining a neutral outlook on Verizon (VZ) stock. According to Reuters data, among the 30 analysts