32.30 -0.03 (-0.09%)
Pre-Market: 8:00AM EDT
|Bid||32.29 x 2200|
|Ask||32.30 x 1200|
|Day's Range||32.05 - 32.53|
|52 Week Range||31.17 - 39.80|
|PE Ratio (TTM)||6.78|
|Forward Dividend & Yield||2.00 (6.04%)|
|1y Target Est||N/A|
Comcast is planning to counter Disney’s bid for Fox assets. Yahoo Finance’s Seana Smith, Dan Roberts and Andy Serwer discuss.
Yahoo Finance's Alexis Christoforous and Jared Blikre break down the latest market action.
Service revenue forms stable revenue streams for mobile operators such as T-Mobile (TMUS), AT&T (T), Verizon (VZ), and Sprint (S). In the first quarter, T-Mobile led the US wireless sector in YoY (year-over-year) service revenue growth for a 16th consecutive quarter, with its service revenue growing ~6.5% YoY to $7.8 billion.
Do the very vocal supporters of Net Neutrality actually want Net Neutrality? Apparently not. Rather than negotiate a straightforward legislative solution and get it enacted as a matter of federal law, self-styled consumer advocates are instead staging a series of publicity stunts hoping to turn a largely technical issue into a campaign issue in upcoming elections. At the state and local level, lawmakers are also being whipped into passing unenforceable resolutions, laws and local ordinances, all of which, their promoters know full well, are pre-empted by federal law.
Let’s now look at T-Mobile’s (TMUS) capital expenditure, which it has been putting toward improving its network and procuring additional spectrum. The mobile operator has continued to enhance its network through the deployment of lower-band spectrum. In the first quarter, T-Mobile’s capex rose sequentially to $1.3 billion from $0.9 billion, mainly due to seasonality.
As AT&T waits for the final verdict on the acquisition of Time Warner, the telecom giant is pushing back against a small cable channel that wants to participate in the case against the big tie-up.
T-Mobile (TMUS) continues to provoke the wireless telecom industry with innovative service plans and customer benefits every few months rather than just competing on price. The success of these service plan innovations has been evident, with major competitors Verizon (VZ), AT&T (T), and Sprint (S) offering similar plan features or diversifying into other businesses.
A U.S. Senate committee plans to hold a hearing on June 27 on the proposed $26.5 billion (20 billion pound) merger of U.S. wireless carriers T-Mobile US (TMUS.O) and Sprint Corp (S.N). No witnesses have been announced for the hearing to be held by the Senate Judiciary Committee's subcommittee that oversees antitrust issues announced on Wednesday.
The fall in Comcast’s voice revenue is primarily the result of the distribution of voice revenue to customers with bundled services and a fall in the number of residential voice customers. In the quarter, the media and cable giant reported voice revenue of nearly $1.01 billion, a fall of 2.7% YoY (year-over-year) from $1.03 billion. AT&T posted a fall of 20.0% YoY in the legacy voice and data service revenues in its Business Solutions segment, while Charter’s voice revenue fell 19.8%.