|Bid||62.12 x 800|
|Ask||0.00 x 900|
|Day's Range||66.21 - 67.78|
|52 Week Range||55.09 - 70.94|
|Beta (3Y Monthly)||0.39|
|PE Ratio (TTM)||11.58|
|Earnings Date||Feb 6, 2019 - Feb 11, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||78.18|
T-Mobile US is the IBD Stock Of The Day, as investors gain confidence that a proposed merger with Sprint will get a green light. T-Mobile stock has been holding up well.
The Nasdaq got smacked with its biggest single-session loss in more than three weeks and nearly faced a test of the psychologically important 7000 level.
T-Mobile (TMUS), the United States’ third-largest wireless service provider, has been continuously investing in capex to improve its network. In the third quarter, T-Mobile spent $1.3 billion on cash capex excluding capitalized interest, which was down from $1.5 billion in the second quarter and from $1.4 billion in the third quarter of 2017.
Now let’s take a look at T-Mobile’s (TMUS) prepaid customer net addition trend over the last few quarters. As per the company, the significant YoY (year-over-year) fall was due to higher competitive activity in the marketplace, which was partially offset by fewer migrations to postpaid plans. T-Mobile’s number of prepaid customers grew ~2.4% YoY to reach 21.0 million by the end of September.
What’s the news: In typical Un-carrier fashion, this year on Giving Tuesday, T-Mobile is giving its customers, fans and employees the opportunity to give back more than $2 million – on us! Why it matters: T-Mobile believes everyone should have the opportunity to give back – so we’re making it easy for people to come together and make an even bigger impact by #GivingOnUs! Tis the giving season - and T-Mobile wants to help everyone get into the spirit this Giving Tuesday – on us! Today, T-Mobile (TMUS) announced it will make more than $2 million available to customers, fans and employees who want an opportunity to do some #GivingOnUs!
According to data compiled by Reuters, as of November 14, 47% of the total 30 analysts covering Verizon (VZ) stock have given it a “buy” rating. Meanwhile, 53% of analysts gave it a “hold.” None of the analysts gave it a “sell” rating.
What’s the news: T-Mobile and Nokia have achieved the world’s first 5G data transmission on 600 MHz spectrum. Why it matters: T-Mobile’s nationwide low-band spectrum will provide broad 5G coverage for everyone nearly everywhere. T-Mobile (TMUS) plans to bring 5G to everyone, everywhere, and together with Nokia, the Un-carrier just took a big step toward making that a reality.
Verizon’s (VZ) closing price on November 14 was $58.94 per share. Based on that closing price, Verizon has a market capitalization of ~$242.4 billion, the largest among all the major US mobile operators. The stock is trading 33.6% above its 52-week low of $44.11 per share and 0.8% below its 52-week high of $59.40 per share.
China is so interested in 5G (fifth-generation) technology that the country reportedly explored combining two of its top operators to try to speed up 5G development and gain an advantage against the United States and Europe in the 5G race. In Europe, telecommunications equipment vendors and network operators have warned authorities there that the region risks falling behind China in the 5G race if the connected vehicle regulations being worked on end up favoring Wi-Fi technology over cellular connectivity in vehicles. In the United States, T-Mobile (TMUS) has also talked about the risk of the country losing the 5G race to China if its proposal to combine with its rival Sprint (S) is rejected by regulators.
As of November 14, Verizon’s (VZ) market capitalization was $242.4 billion, making it the largest US wireless carrier in terms of market capitalization. In comparison, Sprint (S) had a market capitalization of $25.3 billion, AT&T’s (T) market capitalization was $220.7 billion, and T-Mobile’s (TMUS) market capitalization was $57.8 billion.
First reported by the Business Journal in March, T-Mobile's headquarters renovation is underway, and the company has shared details and renderings.
Ericsson (ERIC) held its 2018 Capital Market Day on November 7 and used the event to announce an upgraded revenue target for 2020. Ericsson’s revenue upgrade is based on improving strength in the company’s core networks business. Nokia’s (NOK) networks business also returned to growth in the quarter, rising 1.0% YoY.
Ericsson (ERIC) continues to persuade EU policymakers to allow freedom on connected-vehicle technologies that can be used in the bloc. The European Commission, the executive arm of the EU economic bloc, is working out legislation around connected vehicles, but there are disagreements about whether Europe should favor cellular-based technology or WiFi-based technology for connected vehicles.
Verizon (VZ), the largest wireless service provider in the United States, has been consistently focusing on improving its network to add more subscribers, as the subscriber base determines the performance of a mobile operator. During the third quarter, the company gained 419,000 total retail subscribers compared to 295,000 net additions in the second quarter. Verizon reported a net increase of 515,000 retail postpaid connections in the third quarter. ...
T-Mobile today announced a new Name ID app for iOS and an update to Name ID for Android giving customers more control over who can reach them on their phone than ever before.
BTN and T-Mobile (TMUS) today announced the T-Mobile BTN Kickoff Concert headlined by OneRepublic. The FREE concert in downtown Indianapolis begins at 9 p.m. ET on Friday, Nov. 30, from The Pavilion at Pan Am. As the Official Wireless Partner of the Big Ten Conference and America’s Un-carrier, T-Mobile is going all-in for football fans by partnering with BTN to offer a cannot-miss concert AND mega-tailgate experience on Georgia Street.
In the previous part of this series, we looked at Verizon’s (VZ) prepaid subscriber net additions trend over the past few quarters. Now in this article, we’ll discuss Verizon’s customer retention metric, the churn rate. Verizon is the leading US wireless service provider with the largest retail postpaid market share and the lowest postpaid phone churn rate.
Now let’s look at AT&T’s (T) technical indicators and compare them to peers in the telecom space. Recently, AT&T dipped below its 20-day moving average, which indicates bearish sentiment in the company. On November 13, AT&T stock closed the trading day at $30.33. Based on this figure, the stock was trading 2.2% below its 20-day moving average of $31.02, 6.2% below its 50-day moving average of $32.34, and 5.9% below its 100-day moving average of $32.22.
The two most powerful executives at Sprint put their neighboring Kansas City-area mansions on the market in the same week.
It was a rough fourth quarter for many hedge funds, which were naturally unable to overcome the big dip in the broad market, as the S&P 500 fell by about 7% during October and average hedge fund losing about 3%. The Russell 2000, composed of smaller companies, performed even worse, trailing the S&P by about […]
T-Mobile Chief Financial Officer J. Braxton Carter expressed confidence amid the regulatory review process for the company's deal with Sprint, signaling a shakeup for AT&T.
Let’s take a look at Verizon’s (VZ) prepaid subscriber net additions trend. The telecom company has been losing prepaid customers over the past few quarters. In the third quarter, Verizon lost 96,000 prepaid subscribers compared to 139,000 net additions in the year-ago quarter. The management reaffirmed its commitment to the prepaid space during the third-quarter earnings conference call.
The FCC is demanding telecommunications companies lay out their plans to meet new standards to combat robocalls and scammers. Anna Werner talked with representatives of T-Mobile and Nomorobo to find out how their companies are fighting an escalating arms race against scammers and marketers making calls you don't want to answer.