|Bid||62.45 x 1000|
|Ask||63.50 x 300|
|Day's Range||62.93 - 63.57|
|52 Week Range||54.60 - 68.88|
|PE Ratio (TTM)||12.13|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
The Justice Department is looking into allegations of collusion in the wireless industry. A source tells CNBC the department's antitrust division has sent requests for information to all four major carriers: AT&T, Verizon, T-Mobile and Sprint. A source says the department previously investigated similar claims in 2016 and that a complaint from Apple was one factor that led to that probe.
Now let’s take a look at T-Mobile’s (TMUS) technical indicators and compare them to those of its competitors in the US telecom (telecommunications) space.
Now let’s analyze AT&T’s (T) dividend yield compared to its peer Verizon (VZ). A dividend yield is the true cash inflow to investors in return for every dollar invested in a company’s equity until the stock is sold. A dividend yield provides a steady income for investors. Long-term investors tend to choose stocks that have better dividend yields and dividend growth. AT&T’s dividend yield was 5.6% as of April 12, 2018. It was higher than Verizon’s at 4.9%.
Shares of AT&T (T) are higher on news it may soon launch a low-cost streaming service. A report from The Wall Street Journal details the telecom's plans to launch a $15 a month "skinny bundle" service without sports, according to testimony from its CEO during the antitrust case for its proposed acquisition of Time Warner (TWX). That would make AT&T Watch, expected to hit the market in the coming weeks, one of the lowest prices for a nationwide streaming live TV plan. Wells Fargo's Jennifer Fritzsche writes that the move shows AT&T is already making post-court plans. The service would be available to any customer--so a Verizon Communications (VZ) wireless subscriber can sign up--but it's free to AT&T customers.
can agree on how to divide ownership of a merged company, the telecoms would still face what is arguably a tougher challenge -- winning over a Trump administration that has taken an aggressive stance on antitrust. In December, the DOJ pushed Parker-Hannifin to divest a business it already acquired from Clarcor Inc. in February 2017. The government is increasingly looking for structural fixes to antitrust concerns -- i.e.
On April 16, 2018, T-Mobile’s (TMUS) stock price closed at $62.75. The telecom (telecommunications) company’s stock price has fallen 2.0% in the trailing year.
On April 12, 2018, AT&T (T) stock closed at $35.16. It fell 13.3% in the trailing year. By comparison, Sprint (S) and Verizon (VZ) saw their stocks fall 29.5% and 2.4%, respectively, in the trailing year. T-Mobile (TMUS) stock fell 1.4% in the same period. AT&T’s forward PE valuation
T-Mobile (TMUS), the fastest-growing and third-largest wireless carrier in the United States, is expanding its distribution footprint as a means of driving growth in untapped US markets.
AT&T (T), the second-largest wireless service provider in the United States, is facing uncertainty related to its merger deal with Time Warner (TWX), which was announced in October 2016. The $85.4 billion merger is currently in court in a trial that began on March 19, 2018, and is anticipated to continue for eight weeks.
Moody's Investors Service, ("Moody's") has upgraded the rating on one class and affirmed the rating on one class in J.P. Morgan Chase Commercial Mortgage Securities Corp. 2004-C3, Commercial ...
The U.S. Commerce Department on Monday banned U.S. companies from providing components, software and other technology to ZTE, saying it was punishing the company for violating the terms of a settlement agreement. Sources with two mobile carriers told Reuters on Wednesday that ZTE had yet to advise them as to whether it will be able to keep delivering such updates, which patch security vulnerabilities, add new functionality and improve battery life. ZTE did not respond to requests for comment and Google declined comment when asked if the order means it can no longer provide Android updates.
In December 2017, T-Mobile (TMUS) announced its first ever stock buyback program of up to $1.5 billion worth of its common stock through 2018. It will complete the buyback by utilizing idle cash and not by leveraging up the company. Repurchasing shares is one of the ways in which the company is returning value to its investors.
America’s third- and fourth-largest wireless service providers, T-Mobile (TMUS) and Sprint (S), have restarted their merger discussions for the third time in four years. The two companies weren’t able to find mutually agreeable terms when the previous merger discussions collapsed late last year. According to an article by the Wall Street Journal, “The latest discussions come just five months after a previous courtship ended largely over who would control the combined business.” The article also stated, “It is unclear what terms Sprint and T-Mobile are considering, and it is possible, as before, that they could fail to reach an agreement.
While investors are enjoying a current rally in the equities market, 2018 has spooked investors with a wave of volatility that put a sharp end to the nine-year bull market and dragged down some of last year's highest-flying stocks. Most of these companies have the ability to deliver growth around 5% to 7%," Bartlett told Barron's, citing strong dividends and earnings growth potential.
T-Mobile (TMUS), the third-largest wireless carrier in the United States (SPY), continues to provoke the wireless industry with innovative service plans and added subscriber benefits every few months rather than just competing on price.
The popularity of streaming services like Netflix (NFLX) has made life difficult for traditional cable TV providers like Comcast (CMCSA) with customers increasingly preferring cheaper streaming services to cable TV subscriptions. Comcast didn’t mention the price of the bundled subscription, but it is likely to be cheaper compared to buying the two subscriptions separately.
The on-again, off-again merger talks between Sprint Corp (NYSE: S ) and T-Mobile Us Inc (NASDAQ: TMUS ) are back on again, according to The Wall Street Journal — which prompted Macquarie Capital to drop ...
Citing a breach of agreement inked last year, the U.S. Department of Commerce slapped a seven-year ban on sale of various components to ZTE after it was caught illegally shipping goods to Iran.
A 5G wireless network has the potential to significantly reduce latency, improve network reliability, and boost download and upload speeds. According to research by Statista, 5G wireless subscriptions are projected to reach 545 million by 2022. In the 5G space, AT&T (T) is competing with wireless carriers T-Mobile (TMUS), Verizon (VZ), and Sprint (S).
T-Mobile US is again expected to lead wireless service providers in postpaid phone subscriber additions in the March quarter and its winning streak could fuel a bigger stock buyback.
Verizon’s (VZ) Oath is eliminating some components of its ad-tech (advertising technology) arm, as reported by Business Insider. The pruning at Oath is viewed as part of Verizon’s process of sorting out AOL and Yahoo assets so it can keep the best of both companies.
The race for 5G implementation is heating up, and Verizon (VZ) and AT&T (T) have been talking about launching some forms of 5G services in select markets before the end of 2018. T-Mobile (TMUS) said it was working with Nokia (NOK) to begin making its network 5G-ready in 2Q18 and is eyeing a nationwide 5G rollout by 2020.
T-Mobile (TMUS) expects to begin offering 5G services in early 2019, and it plans to begin the process in 2Q18. In late February 2018, Nokia (NOK) announced that it was supplying equipment and technologies that would prepare T-Mobile’s network for 5G.
Previously in this series, we assessed Wall Street analysts’ latest recommendations for T-Mobile (TMUS) stock. Most analysts recommend “buy.” In this part, we’ll look into T-Mobile’s technicals and compare them with telecom peers’.