TMUS - T-Mobile US, Inc.
| Previous Close | 78.18 |
| Open | 78.31 |
| Bid | 77.95 x 900 |
| Ask | 77.96 x 800 |
| Day's Range | 77.51 - 78.42 |
| 52 Week Range | 59.96 - 85.22 |
| Volume | 766,457 |
| Avg. Volume | 5,025,809 |
| Market Cap | 66.545B |
| Beta (3Y Monthly) | 0.57 |
| PE Ratio (TTM) | 20.44 |
| EPS (TTM) | 3.81 |
| Earnings Date | Oct 28, 2019 - Nov 1, 2019 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | 2013-05-01 |
| 1y Target Est | 88.79 |
- TechCrunch
T-Mobile hit by hours-long nationwide outage
T-Mobile customers across the U.S. said they couldn't make calls or send text messages following an outage. Both calls to and from the T-Mobile phone failed. When we tried to send a text message, it said the message could not be sent.
- Bloomberg
Buying HBO Was the Easy Part for AT&T
(Bloomberg Opinion) -- Three years ago this month, Hollywood executive Peter Chernin and AT&T Inc. CEO Randall Stephenson shared a dinner on Martha’s Vineyard. Stephenson is still waiting for his dessert to arrive. It was the meal that sparked the idea for Stephenson, a practically lifelong member of the staid telephone industry, to enter the TV and film business by acquiring Time Warner, a then-$60 billion giant of the media world. After Stephenson struck the deal, he told Bloomberg News that it was Chernin who “first got me to appreciate the library that this company owns.” That library includes HBO, with hits like “Game of Thrones” and “Succession;” the Warner Bros. studio, which that year had an almost 17% share of the box office; and the rights to “Friends,” a sitcom that hasn’t aired fresh episodes in more than 15 years but has taken on new life as the Holy Grail of the streaming-TV market.In June of last year, 601 days after the companies agreed to merge, Time Warner officially became part of the Dallas-based wireless-phone carrier, defeating an attempt by the U.S. Justice Department to block the transaction. AT&T’s WarnerMedia division, as the Time Warner assets are now called, is seen as one of the biggest threats to Netflix Inc., though it doesn’t yet have a competing product to show for it. In fact, little more has come out of the WarnerMedia acquisition so far than reports of culture clashes, differing visions and high-profile personnel exits.According to the New York Post this week, some HBO staffers have been put off by the brusque management style of their new WarnerMedia boss John Stankey, a longtime AT&T executive. The Dallas-based C-suite is putting pressure on its Hollywood employees to ramp up HBO’s production slate as they coalesce around building a new streaming app named HBO Max, the strategy for which is still nebulous and seems to keep changing. They have a deadline to unveil the product to investors on Oct. 29. Later in the year, HBO Max will officially join the alphabet soup of video services already offered by AT&T:The subscription on-demand product sounds akin to Walt Disney Co.’s Disney+ and Apple Inc.’s Apple TV+, which are both launching within the next three months and gunning for Netflix Inc.’s subscriber base. They’re spending billions of dollars to fill out their apps with HBO-quality content. In theory, AT&T is sitting on a set of assets best suited to draw a wide streaming audience, with HBO’s high-quality programming, plus news, sports, comedy, cartoons and popular films. But merger integration issues and AT&T’s lack of experience in the content business pose major challenges.The price could also turn off subscribers. HBO Max is expected to charge a few dollars more than the stand-alone HBO Now app, which at $15 a month is higher than Netflix’s $13 monthly fee and more than double the $7 that Disney+ will charge. In fact, bundling Disney+, Hulu and ESPN+ will be just $13. The irony is that while Stephenson tries to transform AT&T into a media conglomerate, the wireless business that’s effectively been overshadowed by the merger is improving. It's the healthiest area of the company. Wireless accounted for 37% of AT&T’s revenue in the last 12 months, but it was nearly 50% of Ebitda, according to data compiled by Bloomberg. That cash flow is helping AT&T contend with a heavy debt load, which stood at $194 billion as of June. Wireless network performance has gotten better as new spectrum has been deployed, boosting AT&T’s image as the carriers transition to 5G service. Based on scoring by various outlets that track wireless connections, AT&T was able to crown itself America’s “fastest, best and most reliable network,” which are useful bragging rights for TV ads as the industry battles for customers. More important, AT&T is saving money through a public-private contract it won to build FirstNet, a network for first responders. Put simply, while AT&T’s workers climb towers to set up FirstNet, they’re also prepping its airwaves for 5G.These improvements haven’t yet reduced churn, or the rate at which customers are leaving AT&T, but that could be next should the wireless business stay on track. And if T-Mobile US Inc.’s takeover of Sprint Corp. overcomes state opposition (16 attorneys general have sued to block the deal), there will be one less competitor for AT&T and a chance to raise prices.AT&T’s DirecTV satellite business continues to shrink, with the company losing 946,000 video subscribers in the second quarter, including DirecTV Now customers who canceled in the wake of price hikes. That streaming service was recently renamed AT&T TV Now as the company moves away from the fading DirecTV brand. It also introduced a new service this week in certain markets called AT&T TV, which is a similar live-TV and on-demand app with various package options, but also involves using a streaming box where users can access other services they may subscribe to, such as Netflix. It became clear this week that AT&T TV and HBO Max together are at the center of Stephenson’s vision for the new AT&T.The idea must have seemed so sweet three years ago. But peering into the kitchen, it’s all still a bit hectic. He'll have to keep waiting for that dessert.To contact the author of this story: Tara Lachapelle at tlachapelle@bloomberg.netTo contact the editor responsible for this story: Beth Williams at bewilliams@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Tara Lachapelle is a Bloomberg Opinion columnist covering deals, Berkshire Hathaway Inc., media and telecommunications. She previously wrote an M&A column for Bloomberg News.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.
- GuruFocus.com
Larry Robbins Buys 3 Stocks in 2nd Quarter
Guru also keeps buying shares of Tenet Healthcare Continue reading...
- American City Business Journals
T-Mobile plans 5G accelerator with major companies including Intel, records show
The companies plan to open a 5G innovation lab and incubator based at T-Mobile's Bellevue headquarters, according to an application filed with the state of Washington.
- Market Realist
Where T-Mobile and Sprint Stocks Might Go from Here
Most of the top institutional investors increased their stakes in T-Mobile. Capital World Investors added 7.7 million shares during the second quarter.
- InvestorPlace
Sprint Faces Another Obstacle as Oregon Joins Lawsuit Against Merger
Some news just came out that could be another obstacle facing Sprint (NYSE:S) in its ongoing merger saga with T-Mobile (NASDAQ:TMUS). Oregon just joined the multi-state lawsuit to block the merger, and Texas joined the suit earlier this month. 16 states are now part of the suit which alleges that the new combined company would be anticompetitive.Source: BrandonKleinVideo / Shutterstock.com The Department of Justice announced that it had reached an agreement which would allow the merger between T-Mobile and Sprint to move forward. As part of the agreement, DISH Network (NASDAQ:DISH) will buy some of Sprints assets. The DOJ said that without these actions by DISH the merger could "substantially harm competition." The idea behind this thinking is that afterwards there will be four companies and the competition between them will prevent anticompetitive practices. Despite this, the states decided to pursue their lawsuits because they believe that the deal will ultimately lead to higher prices for consumers. * 10 Marijuana Stocks to Ride High on the Farm Bill Wall Street isn't sure whether or not this deal will close. 18 firms follow Sprint stock on a research basis. 14 of them have hold ratings on the stock while three firms have sell ratings on it. The average target price is $6.50, which is below current levels.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThere is one buy recommendation on Sprint stock. The analysts at UBS believe the deal will close. They recently upgraded S stock from hold to buy and put a $10 price target on it. Though the upgrade was before the news about Oregon joining the lawsuit came out, it does not seem to have changed their opinion. Sprint's Earnings ReviewSprint just reported a net loss of $111 million, or a loss of 3 cents a share. This was in line with estimates, but well below last year's net income of $176 million or 4 cents a share. Revenues dropped from $8.44 billion to $8.14 billion. This was slightly above estimates of $8 billion. The company also announced that had lost 120,000 subscribers which was less than the loss of 150,000 that analysts were expecting.Overall, the Street seems to be slightly bullish on the numbers, but some analysts believe at this point the earnings do not really matter and will not influence the Sprint stock price. The question now for Sprint shareholders is if and when the deal will be closed.Don't hold your breath, because it isn't going to happen anytime soon. The court date just got pushed back from October to December. This means that the deal will almost certainly not close this year, unless by some chance all the suits are settled before then. What's Next for Sprint Stock?Sprint stock rallied up to the $8 level when UBS upgraded it, but news of additional lawsuits knocked it back down. There is support at $6.50. This was the top of the range from September through June and is also the average target price of the firms that cover it.It is currently consolidating, or trading sideways around the $6.80 level. S stock will probably continue to do so until there is some more clarity with regards to the outcome of the lawsuit.At the time of this writing Mark Putrino did not hold any positions in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Marijuana Stocks to Ride High on the Farm Bill * 8 Biotech Stocks to Watch After the Q2 Earnings Season * 7 Unusual, Growth-Oriented REITs to Buy for Your Portfolio The post Sprint Faces Another Obstacle as Oregon Joins Lawsuit Against Merger appeared first on InvestorPlace.
- Zacks
CenturyLink Expands SIMPLE Service for Small Business Owners
With CenturyLink's (CTL) SIMPLE service expansion, small business customers can now purchase more business-critical services with ease.
- Zacks
T-Mobile (TMUS) Unveils Lab for Device Performance Test
T-Mobile's (TMUS) new device lab will carry out its 5G spectrum test with the help of specialized rooms like the Sub-6GHz 5G Radio Performance Chamber and the 5G Millimeter-Wave Antenna Range.
- InvestorPlace
Geopolitics Favor Sprint Stock Despite Antitrust Concerns
Recent news about the merger between Sprint (NYSE:S) and T-Mobile (NASDAQ:TMUS) reminded me why I don't like gambling on such events. As you know, the S stock price received a massive boost in the middle of the spring season. That was when Federal Communications Commission Chairman Ajit Pai expressed his support for the merger.Source: Shutterstock Moreover, the proposed union between the third and fourth largest U.S. telecoms cleared additional hurdles. Late last month, the U.S. Department of Justice declared that the two companies can move ahead with their merger. Combined with Pai's show of support, Sprint stock skyrocketed upon the positive news.However, it wasn't a complete loss for opponents of the move, who claimed that it would impede competitiveness. This criticism was especially relevant for rural customers, who may be vulnerable to onerous price increases. To address this issue, the DOJ required the merged company to spin off various assets to create a Sprint replacement.InvestorPlace - Stock Market News, Stock Advice & Trading TipsFurthermore, Dish Network (NASDAQ:DISH) will buyout these assets, including Sprint's prepaid wireless business. The satellite-TV provider will also acquire several of Sprint's wireless airwaves. Theoretically, this should help deliver mobile-internet access to rural residents. But despite this concession, many Democrats are not satisfied with the terms. Several of the left's presidential hopefuls requested that the FCC attain a public response to the merger before approving it. Citing the familiar argument about antitrust concerns, Democrats worried about negative consumer impact. Naturally, this is a distraction for S stock.But in this particular case, I believe the geopolitical implications overwhelmingly favor the merger. Thus, I wouldn't have too much anxiety about Sprint stock. S Stock Is One of the Trade War's Few BeneficiariesIn normal circumstances, I believe the Democrats' concerns would carry much more weight. They might even be enough to disrupt the bullish trajectory of the S stock price. And when it comes to the telecom industry, greater concerns exist. Right now, we have four major telecom companies. With the merger, we'd have three, making for a sizable 25% loss. * 10 Undervalued Stocks With Breakout Potential Put another way, post-merger, we'd be one company short of a duopolistic industry. At that point, consumers will have very little choice, thus bolstering the Democrats' argument.However, the narrative behind Sprint stock doesn't just involve competitive concerns. Rather, we have geopolitical ones as well. As I've argued a countless number of times, we're in the middle of a tech cold war. While China is technically an economic partner, they've made no bones about our underlying adversarial relationship.Let's remind ourselves that the biggest reason we're locked in a trade war is China's campaign of intellectual property theft. They want to catch up and later exceed our technological prowess. Obviously, the U.S. federal government will do everything to subvert China's plans.And that benefits S stock because part of winning in tech is winning in crucial sub-segments like 5G. With a successful rollout, 5G facilitates other innovations, such as artificial intelligence and automated transportation networks. Furthermore, in order to achieve this rollout, you must have strong telecom firms with appropriate know-how and capacity. Sprint has never really lacked in the former attribute. However, it's the latter that has inspired in part the merger proposition.Thus, here's the reality for Sprint stock. The U.S. can either have two relevant telecom names, and two hobbled ones. Or, all three can be vigorous rivals, competing not only for American customers but also American interests. The Sign of the TimesAs I mentioned back in June, Pai mentioned President Donald Trump when voicing his support of the merger. Specifically, Pai stated that 5G is a top priority for the White House. Back then, I said it was one of the smartest things Trump has ever uttered. I stand by that comment even more so today. That's because the Trump administration badly needs America's technological base to run in tip-top shape.According to a Wall Street Journal editorial, Trump is losing the trade war. As evidence, the president has increasingly ratcheted up the pressure on China, but without yielding substantive concessions. But because of the pressure, the domestic economy is showing fissures.With geopolitical events not working in the White House's favor, Trump must secure what he can. Plus, you have the combination of the FCC and the DOJ already greenlighting the merger. Therefore, the Democrats' opposition is nothing but noise for Sprint stock.As of this writing, Josh Enomoto did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Cheap Dividend Stocks to Load Up On * The 10 Biggest Losers from Q2 Earnings * 5 Dependable Dividend Stocks to Buy The post Geopolitics Favor Sprint Stock Despite Antitrust Concerns appeared first on InvestorPlace.
- Zacks
TMUS vs. IDSY: Which Stock Should Value Investors Buy Now?
TMUS vs. IDSY: Which Stock Is the Better Value Option?
- Zacks
Is T-Mobile US (TMUS) Stock Outpacing Its Computer and Technology Peers This Year?
Is (TMUS) Outperforming Other Computer and Technology Stocks This Year?
- Business Wire
Built for the 5G Future: T-Mobile Opens New Device Lab
What’s the news: T-Mobile just opened a brand-new device lab designed to analyze performance and pressure test devices across the Un-carrier’s range of current and future 5G spectrum, as well as all current technologies. Why it matters: New technology requires new and innovative approaches to testing, and the new lab will help T-Mobile ensure customers have the best experience possible with their new 5G devices. T-Mobile (TMUS) just opened its new device lab, a 20,000 square foot facility built to test smartphones and any other devices that connect to the Un-carrier’s network using any technology available, including 5G, 4G LTE, 3G, LAA, Narrowband IoT and more.
- Zacks
Looking for a Growth Stock? 3 Reasons Why T-Mobile (TMUS) is a Solid Choice
T-Mobile (TMUS) is well positioned to outperform the market, as it exhibits above-average growth in financials.
- Market Realist
AT&T Stock Is Strong Compared to Its Peers
So far, AT&T; stock has risen more than 22% this year, while the S&P; 500 has risen about 16%. T-Mobile (TMUS) has risen about 22%.
- Motley Fool
Sick of the Big 4 Wireless Carriers? There Are Alternatives
AT&T, Verizon, T-Mobile, and Sprint are not the only choices when picking a wireless plan. Is making the switch to prepaid the right option for you?
- Benzinga
KeyBanc: Tower Operators Are Key Beneficiaries Of 5G Networks
Tower operators could benefit from increased leasing driven by accelerated 5G activity and new entrants into the wireless arena, according to KeyBanc Capital Markets. The Analyst Brandon Nispel maintained ...
- American City Business Journals
Presidential hopefuls take aim at T-Mobile merger
The candidates want the Federal Communications Commission to seek public comment on T-Mobile's proposed Sprint takeover, effectively delaying the deal.
- American City Business Journals
Democratic presidential candidates urge delay of Sprint/T-Mobile merger, more public comment time
A group of Democratic senators led by 2020 presidential candidate Amy Klobucher penned a letter urging the Federal Communications Commission to issue an additional public comment period on the Sprint/T-Mobile merger.
- Market Realist
T-Mobile and Sprint’s Deal in Peril despite FCC Chair’s OK
The future of the T-Mobile and Sprint merger remains unclear. Several state attorneys and Democratic senators have come together to oppose it.
- Market Exclusive
Market Morning: Bond Bubble Reaches New Heights, Turkey Jails Mayors, Iran US Tanker Face Off,
Spanish, Portuguese Bonds Near 0% Yield Inverted yield curves, record amounts of debt yielding negative rates, and countries only a few years ago on the verge of bankruptcy yielding next to nothing. These are the signs of the beginning of a possible manic bubble phase of a nearly 40 year bond bull market now in […]The post Market Morning: Bond Bubble Reaches New Heights, Turkey Jails Mayors, Iran US Tanker Face Off, appeared first on Market Exclusive.
- American City Business Journals
Need to know: The plane paparazzi, Facebook's Redmond plans and Zillow's success
The Business Journal Untucked catches you up on Seattle-area business news from the past week, including an in-depth look at plane spotters, the rapid growth of Zillow Offers and Facebook's interest in Redmond.
- Market Realist
Why Critics Want Public Review of T-Mobile–Sprint Merger
After FCC Chairman Ajit Pai recommended the approval of the T-Mobile–Sprint merger, Representative David Cicilline urged the FCC to allow public comment.
- Market Realist
Dish Needs $10 Billion for Wireless, Can’t Sell Spectrum
Dish Wireless requires $10 billion for its network buildout, but it only has $1.9 billion in the bank. The FCC bars it from selling spectrum to raise cash.
- Reuters
UPDATE 1-Trump's praise of Lewandowski for U.S. Senate sparks scrutiny of his lobbying
President Donald Trump waded into an internal Republican fight in New Hampshire ahead of his trip there on Thursday, advocating that his former presidential campaign manager Corey Lewandowski seek the party's nomination for a U.S. Senate seat to challenge Democratic incumbent Jeanne Shaheen. Trump said in a radio interview that aired Thursday in New Hampshire that Lewandowski, a state resident, “would be fantastic” as a senator. Some Republicans in New Hampshire have been vocal about not wanting to see a run by Lewandowski, who built a reputation as a ruthless campaigner before he launched Trump's presidential bid in 2015.
- Reuters
Democrat wants FCC to open T-Mobile, Sprint settlement for comment
U.S. Representative David Cicilline urged Federal Communications Commission Chairman Ajit Pai on Thursday to give the public the chance to comment on a draft order that would grant agency approval to the $26 billion merger of T-Mobile US Inc and Sprint Corp. Consumer advocacy groups have raised concerns that the merger could raise the cost of wireless services.
