|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||36.29 - 36.75|
|52 Week Range||32.55 - 42.70|
|PE Ratio (TTM)||7.71|
|Forward Dividend & Yield||2.00 (5.48%)|
|1y Target Est||N/A|
Wireless companies are finally setting deadlines for the rollout of the next wave of technology designed to revolutionize the way machines reach the internet, 5G.
Richard Yu, CEO of Huawei's consumer business, called recent developments in the U.S. "ridiculous."
Time Warner shares look increasingly attractive, as the company’s strong profit outlook should limit the downside if its merger deal with AT&T is blocked on antitrust grounds. Time Warner closed Friday at $94.70, about $11.80 below the current value of AT&T’s cash and stock offer, which is around $106.50. “I like Time Warner very much,” says Keith Moore, an event-driven strategist at FBN Securities.
The Time Warner acquisition marks the third time AT&T has tried to push through a big deal under CEO Randall Stephenson.
Judgment day is fast approaching for AT&T Inc . (NYSE: T ), which is staring down a March 19 court date with the Department of Justice, which is suing to block its proposed buyout of Time Warner Inc (NYSE: ...
Shortly before and after Comcast Corporation (NASDAQ:CMCSA) got into the wireless phone game back in April of last year, T-Mobile Us Inc (NASDAQ:TMUS) CEO John Legere was all too happy to supply his typical taunts of existing and potential competitors. Comcast stock-owners didn’t sweat the ribbing too much, though. As it turns out, there may something there for the wireless service.
Alphabet Inc's Google is raising the price of its YouTube TV online service for new customers as it adds channels from Time Warner Inc's Turner, National Basketball League and Major League Baseball, the company said Wednesday. Less than one year after launching YouTube TV, the company is increasing its pricing to $40 per month from $35 per month as it adds Turner's channels, which include TNT, CNN and TBS, and soon will be adding MLB Network and NBA TV, the company said. Google is expanding its offering at a time when a growing number of competing services, such as Dish Network Corp's Sling TV, AT&T's DirecTV Now and Hulu, are vying to win over the growing number of viewers who are cancelling their cable subscriptions to watch their favorite shows online.
Comcast (CMCSA) has been losing its voice customers over the past year, and its voice revenues are thus declining. In the quarter ended December 31, 2017, the media and cable giant reported voice revenues of $832 million, a decline of 4.6% from $873 million in 4Q16. The decline in Comcast’s voice revenues is primarily due to a distribution of voice revenue to customers having bundled services and a decrease in the number of residential voice customers.
T-Mobile (TMUS) has been consistently increasing its capex (capital expenditure) to grow its network. During its 4Q17 conference call, it reported that it spent $921 million on capex, including $25 million on capitalized interest expenses. It spent $859 million on purchases of property and equipment in 4Q16. In 2017, its total capital spending was $5.2 billion, an 11.4% rise on a year-over-year (or YoY) basis.
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).
Comcast’s (CMCSA) cable business generated revenues of $13.3 billion in 4Q17, an increase of 3.4% year-over-year (or YoY). In 2017, the cable segment grew 4.9% YoY to $52.5 billion. Revenues were mainly driven by strong growth in its business services units, followed by high-speed Internet and video.
Roku shares were deep in the red on Thursday after a big earnings disappointment. Let's take a look at both the long and the short case, as we get technical with Jared Blikre.