5.26 +0.03 (0.57%)
Pre-Market: 8:02AM EST
|Bid||5.24 x 1000|
|Ask||5.30 x 500|
|Day's Range||5.21 - 5.38|
|52 Week Range||4.91 - 9.22|
|PE Ratio (TTM)||3.02|
|Earnings Date||May 1, 2018 - May 7, 2018|
|Forward Dividend & Yield||0.00 (0.00%)|
|1y Target Est||5.28|
Feb.21 -- Cash-strapped Sprint Corp. sold $1.5 billion of unsecured junk bonds due in 2026, its first sale in the high-yield market in three years. Bloomberg's Lisa Abramowicz reports on "Bloomberg Daybreak: Americas."
The smaller part is the company’s wireless equipment revenues, whereas the larger part is its wireless service revenues. In 4Q17, Verizon reported wireless service revenues of $15.9 billion, an ~2.9% reduction year-over-year (or YoY).
The Carrier Blockchain Study Group , the global blockchain consortium of telecom carriers, today announced that South Korea-based LG Uplus Corp. , UAE-based Etisalat Group , South Korea-based KT Corporation , Spain-based Telefónica, S.A.
Previously, we discussed AT&T’s (T) prepaid customer net additions over the last few quarters. In this part, we’ll assess AT&T’s customer retention, measured by its combined domestic wireless churn rate. During AT&T’s 4Q17 earnings conference call, management noted that the company’s postpaid phone churn rate had improved year-over-year.
T-Mobile (TMUS) added 149,000 net prepaid customers in 4Q17, which represents a significant YoY (year-over-year) fall from 541,000 in 4Q16. At the end of 2017, prepaid customers added were 855,000, down 65.9% from 2016. As you can see from the above chart, T-Mobile added net 226,000 prepaid customers in 3Q17, compared to 94,000 in 2Q17.
T-Mobile (TMUS) has been witnessing continued customer additions in both its postpaid and prepaid categories. Better customer loyalty can be seen from its improving churn rate. In 4Q17, it had a record low postpaid phone churn rate of 1.18%. That was better than 1.28% in 3Q16 and 1.23% in 3Q17.
Cash-strapped Sprint Corp. sold $1.5 billion of unsecured junk bonds due in 2026, its first sale in the high-yield market in three years. Bloomberg's Lisa Abramowicz reports on "Bloomberg Daybreak: ...