|Bid||0.00 x 800|
|Ask||0.00 x 800|
|Day's Range||48.24 - 48.65|
|52 Week Range||42.80 - 54.77|
|PE Ratio (TTM)||6.36|
|Forward Dividend & Yield||2.36 (5.09%)|
|1y Target Est||N/A|
Apple has inked a deal with Volkswagen to turn some of its new T6 Transporter vans into self-driving shuttles for Apple employees. Yahoo Finance's Seana Smith, Dan Roberts and David Pogue discuss.
Thursday, May 24: NFL owners ban kneeling during national anthem, Trump considers auto import tariffs, Uber shares financial data. Yahoo Finance’s Dan Roberts serves the big stories.
On April 29, T-Mobile (TMUS) and Sprint (S), the third- and fourth-largest US mobile operators, announced a merger aimed to raise competition with dominant players Verizon (VZ) and AT&T (T) and creating a stronger network with improved spectrum and higher cost synergies. The proposed merger deal is an all-stock offer for Sprint shareholders that would give Sprint an implied enterprise value of $59.0 billion.
Wireless equipment revenue includes tablet and handset sales, while service revenue includes subscription charges for postpaid and prepaid subscribers. In the first quarter, T-Mobile’s equipment revenue rose ~15.2% YoY (year-over-year) to $2.4 billion from $2.0 billion.
On May 15, T-Mobile (TMUS) stock closed at $56.37 per share. Based on that closing price, T-Mobile has a market capitalization of ~$47.7 billion—the third-largest among major US wireless players. T-Mobile’s 52-week low is $54.60 per share, while its 52-week high is $68.50 per share.
Is Alphabet’s (GOOGL) Google back to waging a price war on its cloud-computing rivals? Google recently revamped its consumer cloud storage plans, with changes including rebranding, lowering prices, and releasing brand new plans at competitive prices. The company renamed its paid consumer storage service Google One. Its free storage service will continue to be called Google Drive.
Verizon (VZ) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
News about Baidu Inc (ADR) (NASDAQ:BIDU) has brought a new round of volatility. The Chinese-language internet search king saw its stock fall on news of the resignation of COO Qi Lu. While that change creates a degree of uncertainty, it also becomes a speed bump for Baidu stock.
As of May 15, T-Mobile’s (TMUS) market capitalization was ~$47.7 billion, making it the third-largest US mobile operator. In comparison, AT&T’s (T) market cap was ~$197.1 billion, Verizon’s (VZ) was ~$197.5 billion, and Sprint’s (S) was ~$20.5 billion.
Celgene and General Electric were leaders in Thursday's mixed open, as investors sorted news of new tariffs, and a third straight drop in oil prices.
In this part, we’ll look at T-Mobile’s (TMUS) adjusted EBITDA (earnings before interest, tax, depreciation, and amortization) growth trends over the past few quarters. In the first quarter, the company’s adjusted EBITDA expanded significantly YoY (year-over-year) from $2.7 billion to $3.0 billion, mainly due to higher service revenue, lower net losses on equipment sales, and new revenue accounting standards (which made a $95.0 million difference), according to the company. T-Mobile’s adjusted EBITDA margin expanded YoY from 36% to 38%.
Service revenue forms stable revenue streams for mobile operators such as T-Mobile (TMUS), AT&T (T), Verizon (VZ), and Sprint (S). In the first quarter, T-Mobile led the US wireless sector in YoY (year-over-year) service revenue growth for a 16th consecutive quarter, with its service revenue growing ~6.5% YoY to $7.8 billion.
Do the very vocal supporters of Net Neutrality actually want Net Neutrality? Apparently not. Rather than negotiate a straightforward legislative solution and get it enacted as a matter of federal law, self-styled consumer advocates are instead staging a series of publicity stunts hoping to turn a largely technical issue into a campaign issue in upcoming elections. At the state and local level, lawmakers are also being whipped into passing unenforceable resolutions, laws and local ordinances, all of which, their promoters know full well, are pre-empted by federal law.
Recently, Twitter (TWTR) has been pursuing video deals all over the place. The company has inked live video deals with organizations including Bloomberg, Major League Baseball, and Major League Soccer. In the first quarter of 2018, Twitter inked more than 30 new video deals, but its expenses in the quarter were nearly flat from a year ago.
Let’s now look at T-Mobile’s (TMUS) capital expenditure, which it has been putting toward improving its network and procuring additional spectrum. The mobile operator has continued to enhance its network through the deployment of lower-band spectrum. In the first quarter, T-Mobile’s capex rose sequentially to $1.3 billion from $0.9 billion, mainly due to seasonality.
When it comes to business strategy, social media operators Twitter (TWTR), Facebook (FB), Google, and Snap (SNAP) all seem to think the future is in video. For Twitter, particularly, video is a big business already. The company streamed more than 1,300 live broadcasts in the first quarter of 2017 with about 80% of those live broadcasts reaching its global audience.
T-Mobile (TMUS) continues to provoke the wireless telecom industry with innovative service plans and customer benefits every few months rather than just competing on price. The success of these service plan innovations has been evident, with major competitors Verizon (VZ), AT&T (T), and Sprint (S) offering similar plan features or diversifying into other businesses.
Sprint (S) is rolling out retention packages to its employees, according to a Kansas City Business Journal report. Although the amount of the package is not currently known, it’s believed to be intended to keep key staff on board as Sprint pursues its merger with T-Mobile (TMUS). Since there is no guarantee that regulators will approve the proposal to combine Sprint and its rival T-Mobile, Sprint could be preparing for the uncertainty by ensuring that it will still have its key talents to continue life on its own if the merger is blocked.