|Bid||69.21 x 900|
|Ask||70.00 x 800|
|Day's Range||67.00 - 69.70|
|52 Week Range||55.09 - 70.94|
|Beta (3Y Monthly)||0.39|
|PE Ratio (TTM)||12.71|
|Earnings Date||Feb 6, 2019 - Feb 11, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||78.18|
When looking at the future of jobs and the fast-paced development of new technology, some people predict that robots and artificial intelligence will play a large role in the professional world. Yahoo Finance's Julie Hyman and Dan Roberts are joined by George Pearkes, investment macro strategist at Bespoke, to speak with Kass Dawson, Chief Marketing Officer at Softbank Robotics and Pepper the robot.
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.
$26 billion merger could close as soon as the first quarter next year, T-Mobile CFO J. Braxton Carter told the Morgan Stanley TMT Conference in Barcelona, according to Reuters. "The only remaining thing that is happening is depositions with the DoJ, which have started and will be completed in a few weeks," Carter told the conference, according to Reuters. The merger could face regulatory challenges on antitrust grounds, but Carter said that the two companies have provided 25 million pages worth of documents to the Department of Justice and has filed 600 pages of public information statements with the Federal Communication Commission, according to Carter.
Verizon (VZ) remains committed to paying higher dividends. The telecom company has declared a quarterly dividend of $0.60 per share in the third quarter, up ~2.1% YoY. Verizon has paid total dividends of $2.4 billion in the third quarter. The quarterly dividend was equivalent to an annualized dividend of $2.41 per share and a dividend yield of ~4.1% as of November 14. In comparison, AT&T (T) has a dividend yield of ~6.6%. T-Mobile (TMUS) and Sprint (S) don’t pay equity dividends.
AT&T’s (T) closing price on November 13 was $30.33 per share. Based on that closing price, AT&T has a market capitalization of $220.7 billion—the second-highest among major US wireless carriers. The stock is trading 5.1% above its 52-week low of $28.85 per share and 22.9% below its 52-week high of $39.33 per share.
Verizon (VZ), the largest wireless carrier in the United States, is on track to hit its target of generating $10 billion in cumulative cash savings from its operations by 2021. The telecom company’s cost-cutting initiative includes zero-based budgeting, which has resulted in $1.3 billion of cumulative cash savings on a YTD basis. Verizon’s Voluntary Separation Program is also one of the company’s initiatives to cut costs.
T-Mobile US Inc. CFO J. Braxton Carter said he thinks his company’s proposed $26.5 billion merger with Sprint Corp. could close as early as the first quarter after initial estimates put it sometime in the first half of 2019.
According to data compiled by Reuters as of November 13, 53% of the 32 analysts covering AT&T (T) stock have given it a “hold” rating. Only 38% of analysts have given the stock “buy” ratings while the remaining 9% have maintained a bearish view on the stock with “sell” ratings.
As of November 13, AT&T’s (T) market capitalization was $220.7 billion, making it the second-largest US wireless carrier. Verizon (VZ) had a market capitalization of $242.4 billion, T-Mobile (TMUS) had $58.0 billion, and Sprint (S) had $25.3 billion.
T-Mobile, majority owned by Deutsche Telekom AG, agreed in April to buy wireless carrier Sprint and the deal was initially expected to close in the first half of 2019. The Federal Communications Commission (FCC) and the Department of Justice are currently scrutinizing the deal. "The only remaining thing that is happening is depositions with the DoJ, which have started and will be completed in a few weeks," CFO J. Braxton Carter told the Morgan Stanley TMT Conference in Barcelona.
T-Mobile, majority owned by Deutsche Telekom AG (DTEGn.DE), agreed in April to buy wireless carrier Sprint and the deal was initially expected to close in the first half of 2019. The Federal Communications Commission (FCC) and the Department of Justice are currently scrutinizing the deal. "The only remaining thing that is happening is depositions with the DoJ, which have started and will be completed in a few weeks," CFO J. Braxton Carter told the Morgan Stanley TMT Conference in Barcelona.
The Mariners have had discussions with several potential naming rights partners in the past 18 months, but denied having a deal.
AT&T (T) is on track to be the first wireless service provider to roll out mobile 5G (fifth-generation) service in the United States over the next few weeks. The telecom company is planning to launch 5G in parts of 12 cities by the end of 2018.
Now let’s take a look at AT&T’s (T) prepaid customer net addition trend over the past few quarters. The telecom company’s prepaid subscribers rose ~11.6% year-over-year (or YoY) to reach 16.9 million by the end of September 30. AT&T added a total of 570,000 net prepaid customers in the third quarter, with strength coming from the Cricket brand. Meanwhile, the company had gained 324,000 net prepaid customers in the third quarter of 2017. AT&T’s prepaid subscriber growth was relatively high among the top US wireless service providers.
At the end of the third quarter, AT&T’s (T) short-term debt was $14.9 billion while its long-term debt was $168.5 billion, bringing its total debt to $183.4 billion. Meanwhile, AT&T’s total debt was $164.3 billion at the end of December 31, 2017. The company’s debt increased significantly due to the acquisition of Time Warner in mid-June.
The French chateau-style estate is on the market for $9.2 million. That's currently the second-most expensive home on the market in the Kansas City area. The listing comes less than a week after Sprint Executive Chairman Marcelo Claure listed his $10.5 million mansion, the property neighboring Son's.
Wall Street analysts expect AT&T (T) to report a ~15.9% rise in revenue to $48.5 billion in the fourth quarter, compared to $41.8 billion in the fourth quarter of 2017. Its adjusted EPS are expected at $0.85 in the fourth quarter, compared to $0.78 in the fourth quarter last year.
The holidays are just around the corner, and to kick it all off, T-Mobile (TMUS) is bringing back Magenta Friday THIS Friday, November 16 with the Un-carrier’s biggest deals. Starting Friday, November 16, get a new phone from Samsung, LG, OnePlus and others free (up to $750 off), when you add an additional line and trade-in an eligible device, via monthly bill credits. Or get the new T-Mobile REVVL 2 for free when you add a line! Un-carrier customers – including T-Mobile for Business – can get one new superphone and up to 12 T-Mobile REVVL devices per account.
Moody's Investors Service ("Moody's") said that the B2 corporate family rating (CFR) of Sprint Corporation (Sprint) and the Ba2 senior secured rating of its subsidiary Sprint Communications, Inc. are unchanged following its anticipated $1.5 billion add-on to its existing $3.9 billion senior secured term loan B maturing in February 2024. Proceeds from the debt issuance will be used for general corporate purposes.
Revvl 2 line includes flagship features without the flagship price including a stunning display and all-day battery, plus an industry-leading 2-year warranty.
When T-Mobile U.S. wanted to better understand who was visiting its website — people who were already customers or those who were just researching phones or plans — it asked university teams for help.
The Zacks Analyst Blog Highlights: Altria, American Express, U.S. Bancorp, T-Mobile and Humana
T-Mobile is apparently still planning on launching its streaming TV service by the end of this year, and now Variety has spotted this box in an FCC filing. Dubbed the T-Mobile Mini in the document, it can connect via WiFi, Bluetooth or Ethernet, along with a USB port and HDMI in/out. While Microsoft has given up on its middle-man HDMI dreams for the Xbox One, T-Mobile will give it a try with this box based on tech it acquired along with Layer3 last year.