|Bid||70.46 x 800|
|Ask||72.49 x 1800|
|Day's Range||72.00 - 72.29|
|52 Week Range||55.09 - 74.06|
|Beta (3Y Monthly)||0.69|
|PE Ratio (TTM)||21.46|
|Earnings Date||Apr 29, 2019 - May 3, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||81.00|
AT&T CEO Randall L. Stephenson was still interrupted by a robocall while on stage. On the same day, AT&T announced a key step in the fight against robocalls.
What’s the news: T-Mobile is starting an invitation-only pilot for in-home internet service on LTE with the goal of connecting up to 50,000 homes this year in rural and underserved areas of the country, laying the foundation for the New T-Mobile’s plans to disrupt the home broadband market. Why it matters: With its scale and network capacity, the New T-Mobile can disrupt one of the most un-competitive and un-customer-friendly industries in existence and save American consumers billions of dollars in the process. Who it’s for: For now, only a limited few T-Mobile customers – the goal is to reach 50,000 households this year, less than .04% of U.S. households.
The Latest Updates from the Telecom Sector(Continued from Prior Part)Sprint selling its headquarters campus Sprint (S) is selling its Overland Park headquarters in a reorganization drive ahead of its planned merger with T-Mobile (TMUS). The company
How's Sprint Positioned in March?(Continued from Prior Part)Sprint’s moving averagesIn this part, we’ll discuss Sprint’s (S) technical indicators compared to its peers in the telecom space. Recently, Sprint went above its 20-day and 100-day
How's Sprint Positioned in March?(Continued from Prior Part)Analysts’ recommendationsAccording to data compiled by Reuters, as of March 15, Sprint (S) stock was rated as a “hold” by 13 of the 20 analysts covering the stock. Three analysts
How's Sprint Positioned in March?(Continued from Prior Part)Sprint’s scale As of March 15, Sprint’s (S) market capitalization was $26.1 billion. Sprint is the fourth-largest US wireless carrier in terms of market capitalization. AT&T (T) had
How's Sprint Positioned in March?(Continued from Prior Part)Shareholder returns and stock trends On March 15, Sprint’s (S) closing price was $6.39 per share. Based on the closing price, Sprint has a market capitalization of $26.1 billion—the
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Deutsche Telekom AG and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
How's Sprint Positioned in March?(Continued from Prior Part)Sprint’s mobile 5GSprint (S), the fourth-largest wireless service provider in the United States, plans to launch its commercial mobile 5G service this year. The company stated that its
How's Sprint Positioned in March?(Continued from Prior Part)T-Mobile and Sprint merger update On March 7, the FCC (U.S. Federal Communications Commission) stated that it “paused its 180-day informal time clock” on the review of the $26 billion
How's Sprint Positioned in March?Sprint’s earnings trend Sprint (S) reported an adjusted EPS of $0.06 in the first nine months of fiscal 2018—year ended on March 31. The company’s EPS was $0.08 during the same period in fiscal 2017, which
What’s the news: T-Mobile is back as the Official Wireless Sponsor of MLB – and now, Little League International as well! And, for the fourth straight season, the Un-carrier is giving customers a year of FREE MLB.TV on March 26th! Why it matters: T-Mobile now covers 99% of baseball fans! So naturally, the Un-carrier is piling on more customer perks for seasons to come. T-Mobile (TMUS) and Major League Baseball (MLB) today announced they’ve re-upped their partnership for four more years.
Why Did Raymond James Upgrade AT&T Stock on Friday?(Continued from Prior Part)AT&T’s cash flows AT&T (T) posted free cash flow of $22.4 billion in 2018, an increase of 36% from its 2017 level. Its cash flow from operations also
AT&T is not funding Consumer Choice Alliance or Protect America’s Wireless in their opposition to the proposed merger of T-Mobile and Sprint, or in any other matter.
Why Did Raymond James Upgrade AT&T Stock on Friday?(Continued from Prior Part)Fourth-quarter results AT&T (T), the second-largest US wireless carrier, met its earnings estimates but missed on revenue in the fourth quarter of 2018. AT&T
The Zacks Analyst Blog Highlights: NextEra, T-Mobile, Petrobras, Keurig Dr Pepper and United Continental
How Network Systems Vendors Are Working to Drive Growth(Continued from Prior Part)New directors bring valuable perspective NetScout Systems (NTCT) recently reconfigured its board of directors. The company appointed Vivian Vitale and Michael Szabados
Why Did Raymond James Upgrade AT&T Stock on Friday?AT&T stock rose 1.29% on Friday Shares of US telecommunications carrier AT&T (T) rose 1.29% and closed at $30.67 on March 15 after Raymond James upgraded its rating on the company. On a
The most recent earnings release T-Mobile US, Inc.'s (NASDAQ:TMUS) announced in December 2018 showed that the business faced a significant headwind with earnings falling by -36%. Below, I've laid outRead More...
The Latest from Verizon: Cost-Cutting, Dividends, and Valuation(Continued from Prior Part)Verizon’s moving averagesNow let’s look at Verizon’s (VZ) technical indicators and compare them to its peers in the telecom space. Recently, Verizon
It's a small first step, but the telecom company's April 11 rollout in Chicago and Minneapolis could prove fruitful.
T-Mobile (NASDAQ:TMUS) stock has spent the last months fighting to complete its merger with Sprint (NYSE:S), a deal that has become a partisan Washington soap opera. The question for investors is, what happens after the merger goes through?Source: Mike Mozart via Flickr (modified)CEO John Legere has been grilled by Democrats over the company's use of the Trump Hotel, over where it gets its equipment and over what it does with data it collects from handsets.But the deal will likely get done, if only because Democrats are now so opposed to it.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Legere's Fight for TMUS StockDemocrats argue the merger will cut the number of national wireless competitors from 4 to 3. T-Mobile and Sprint argue that three strong competitors are better than two strong and two weak ones. They also point to the wireless ambitions of competitors like Comcast (NASDAQ:CMCSA).Throughout this decade, AT&T (NYSE:T) and Verizon Communications (NYSE:VZ) have each controlled one-third of the U.S. wireless market. T-Mobile and Sprint share most of the other third. In arguing for the merger, Sprint notes the two larger companies have 93% of the industry's cash flow, a shared monopoly the new T-Mobile would break. * 7 Winning High-Yield Dividend Stocks With Payouts Over 5% The main change this decade has been T-Mobile's rise at Sprint's expense. The trend wore down Masayoshi Son, who took a controlling interest in Sprint in 2012 and had wanted his company to control any merger. Son is now focused on his $100 billion "Vision Fund," buying big positions in companies like Uber.Deutsche Telekom AG (OTCMKTS:DTEGY) owns about two-thirds of TMUS stock. The Sprint deal will reduce that. The combined company would be mainly foreign-owned, but no one foreign entity would have control.The focus would shift to Legere, which is where he likes it. After taking command in 2012, he grew out his hair, threw leather jackets over t-shirts, and began the "un-carrier" campaign that finally brought Sprint to the table as junior partner. Legere has become an adept politician, and like any politician, he has spent the merger campaign making promises. T-Mobile Will Be a Spectrum BuyerMost of those promises have involved 5G, an encoding technology that lets carriers use a host of new frequencies. It can build markets from TV and intelligent devices to self-driving cars.As part of its merger effort, TMUS stock is promising more, cheaper bandwidth for rural customers, a wireless replacement for cable or satellite TV, and stable prices.To make this happen, Legere is promising to buy more spectrum, in the 24 GHz and 28 GHz range.Using the new spectrum means lower power radios, but many more base stations since the waves attenuate so fast. T-Mobile is also fighting to get more C-Band spectrum, at between 4-8 GHz, against an alliance of satellite companies. The Bottom LineRight now, T-Mobile shares sell at a premium price to earnings multiple of 21.5, despite paying no dividend. AT&T and Verizon pay dividends yielding 6.5% and 4.5%, respectively.The reason for the price is growth. T-Mobile revenues grew 3% last year. Investors are betting the Sprint merger will go through, giving it more than the $45 billion in combined operating cash flow the two companies earned last year.T-Mobile is also seen as a more entrepreneurial company than any other wireless outfit. If a bus ran John Legere over tomorrow, the stock would tank. Fortunately, Legere prefers limousines.To turn his big plans into reality, however, T-Mobile is going to need executive depth. Promises without execution are called failure.Dana Blankenhorn http://www.danablankenhorn.com is a financial and technology journalist. He is the author of a new mystery thriller, The Reluctant Detective Finds Her Family, available now at the Amazon Kindle store. Write him at email@example.com or follow him on Twitter at @danablankenhorn. As of this writing he owned no shares in companies mentioned in this article. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 15 Stocks Sitting on Huge Piles of Cash * The 10 Best Stocks to Buy for the Bull Market's Anniversary * 7 Dividend Stocks With Big Yields Compare Brokers The post For T-Mobile Stock, Optimism Reigns After Sprint appeared first on InvestorPlace.