|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||47.53 - 48.30|
|52 Week Range||42.80 - 54.77|
|PE Ratio (TTM)||6.56|
|Earnings Date||Apr 24, 2018|
|Forward Dividend & Yield||2.36 (4.89%)|
|1y Target Est||55.88|
Cisco Systems said on Sunday it aims to disrupt the wireless radio access market led by Huawei, Ericsson and Nokia by backing challengers who make more flexible software versions of traditional mobile gear. Cisco, known for making networking gear that moves big volumes of data around the internet, wants a bigger share of the mobile market by backing these alternative providers rather than by making radio access equipment itself. Its radio access network push is part of Cisco's efforts to prove to mobile network operators that investing in modern infrastructure and automation tools can help them to cope with increased data demands, while lowering costs.
Apple has agreed to store iCloud data in China, allowing the country's authorities to bypass the US court system when seeking information on its users.
Wireless companies are finally setting deadlines for the rollout of the next wave of technology designed to revolutionize the way machines reach the internet, 5G.
T-Mobile (TMUS) has been consistently increasing its capex (capital expenditure) to grow its network. During its 4Q17 conference call, it reported that it spent $921 million on capex, including $25 million on capitalized interest expenses. It spent $859 million on purchases of property and equipment in 4Q16. In 2017, its total capital spending was $5.2 billion, an 11.4% rise on a year-over-year (or YoY) basis.
Altaba’s strategic and financial update scheduled for Tuesday, Feb. 27, is being eagerly awaited by investors for information about what the company may do with its valuable stake in Alibaba Group Holding and an interest in Yahoo Japan. Shares of Altaba (AABA)—the former Yahoo!—continue to languish at a large discount to net asset value amid uncertainty about the timing and tax implications of any transactions involving its stakes in Alibaba (BABA) and Yahoo Japan (4689.Japan). Altaba closed Thursday at $75.52, a 26% discount to its NAV of $102 a share, as calculated on the Altaba website.
The smaller part is the company’s wireless equipment revenues, whereas the larger part is its wireless service revenues. In 4Q17, Verizon reported wireless service revenues of $15.9 billion, an ~2.9% reduction year-over-year (or YoY).
Previously, we discussed AT&T’s (T) prepaid customer net additions over the last few quarters. In this part, we’ll assess AT&T’s customer retention, measured by its combined domestic wireless churn rate. During AT&T’s 4Q17 earnings conference call, management noted that the company’s postpaid phone churn rate had improved year-over-year.
Verizon Communications (VZ) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
T-Mobile (TMUS) has been witnessing continued customer additions in both its postpaid and prepaid categories. Better customer loyalty can be seen from its improving churn rate. In 4Q17, it had a record low postpaid phone churn rate of 1.18%. That was better than 1.28% in 3Q16 and 1.23% in 3Q17.