Price Crosses Moving Average
|Bid||31.75 x 1200|
|Ask||32.00 x 1800|
|Day's Range||30.67 - 31.91|
|52 Week Range||17.09 - 44.66|
|Beta (5Y Monthly)||1.76|
|PE Ratio (TTM)||15.53|
|Earnings Date||Jul 27, 2020 - Jul 31, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Dec 12, 2012|
|1y Target Est||39.82|
Telecom stocks have languished amid the market's broad rally, except for T-Mobile stock. Will second-quarter earnings from industry behemoths change investor sentiment for the better?
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Boost Mobile today announced two new additions to its Samsung device portfolio — the Samsung Galaxy A21 and the Samsung Galaxy A11. For consumers who make the switch to Boost Mobile, the Galaxy A21 is available today via BoostMobile.com for the limited-time price of $199.99 (retail value: $249.99). The Galaxy A11, priced at $129.99 for a limited time (retail value: $179.99), will be available on Boost Mobile's website starting July 21.
Boost Mobile today announced the addition of the LG Tribute Monarch, a next-level addition to LG's Tribute Series, is available starting today online at BoostMobile.com for the limited-time price of $69.99 (retail value: $109.99). In the coming weeks, consumers who make the switch to Boost Mobile can pick up the LG Tribute Monarch in-store for free. Also coming soon in-store, current Boost customers will be able to save by upgrading to the new smartphone for just $49.99.
ViacomCBS (NASDAQ: VIACA, VIAC) and DISH Network Corporation (NASDAQ: DISH) today announced a multi-year renewal of their carriage agreement to continue delivering ViacomCBS’s portfolio of broadcast, entertainment, news and sports networks to DISH and SLING TV customers.
Wall Street wrapped up its best quarterly performance in decades with the S&P 500 logging in the best quarter since 1998.
Yahoo Finance’s Heidi Chung breaks down the latest on the streaming wars and Google's recent news that it would raise prices for its TV services to $64 from $50 dollars a month.
DISH announced today that it has completed its $1.4 billion acquisition of Boost Mobile. With this purchase, DISH officially enters the retail wireless market, serving more than nine million customers.
Altiostar has entered into a multi-year agreement with DISH to deliver its cloud-native O-RAN compliant solution for DISH's nationwide 5G network buildout, the first of its kind in the U.S. The Altiostar solution will provide openness, modularity, agility and scalability to DISH, enabling faster deployment of new 5G services for consumers and businesses.
As DISH continues to lead the U.S. in deployment of the nation's first O-RAN compliant 5G wireless network, the company announced two major vendor agreements: a large purchase of radio units (RUs) from Fujitsu and a multi-year agreement with Altiostar to deliver a cloud-native Open vRAN software solution.
OnTech Smart Services, a company dedicated to the installation, setup and education of smart home products, today expanded its partnership with Google as a nationwide Nest installation provider. For the first time, consumers who purchase Nest products via the Google Store can add installation services and schedule an appointment with OnTech as soon as they complete their order.
DISH Network Corporation ("DISH Network") (NASDAQ: DISH) today announced that on June 24, 2020 its subsidiary, DISH DBS Corporation ("DISH DBS"), priced an offering of $1,000,000,000 aggregate principal amount of 7.375% Senior Notes due 2028 (the "Notes"). The Notes will be issued at an issue price of 100%. The net proceeds of the offering are intended to be used for general corporate purposes.
Moody's also downgraded DISH DBS Corporation's, a wholly-owned subsidiary of DISH Network, ("DBS") CFR to B2 from B1, PDR rating to B1-PD from Ba3-PD, senior unsecured debt ratings to B2 from B1 and assigned a B2 rating to DBS's proposed new $1 billion of senior unsecured notes. DISH's speculative grade liquidity (SGL) rating is unchanged from SGL-2.
The U.S. case tally for the coronavirus illness COVID-19 climbed to 2.35 million on Wednesday, and 27 states were showing increases in infections, as Dr. Anthony Fauci cautioned that the next two weeks will be crucial in containing the spread.
Dish Network Corp. said Wednesday it is planning an offering of $1 billion of senior notes. The pay-TV services company said the notes will be offered to qualified institutional buyers. The company plans to use the proceeds from the offering for general corporate purposes. The stock, which was still inactive in premarket trading, has rallied 69.5% over the past three months, while the S&P 500 has advanced 28.0%.
DISH Network Corporation ("DISH Network") (NASDAQ: DISH) today announced that its subsidiary, DISH DBS Corporation ("DISH DBS"), plans to offer, subject to market and other conditions, approximately $1,000,000,000 aggregate principal amount of its senior notes. The net proceeds of the offering are intended to be used for general corporate purposes.
The moves come at a busy time for the wireless operator as it deals with the aftermath of its blockbuster acquisition of Sprint.
DISH today announced it is offering two free months of bulk television service to new commercial business customers, including hotels, hospitals, senior living communities, student housing, apartments and more. Available now through Dec. 31, 2020, this offer aims to provide economic relief to businesses nationwide impacted by COVID-19.
Shares of T-Mobile US Inc. are off 1.4% in premarket trading Tuesday after Guggenheim analyst Mike McCormack downgraded the stock to neutral from buy. He wrote that the pandemic will likely contribute to a "tough subscriber quarter" for T-Mobile as the company has benefitted from industry churn in the past but store closures have limited people's ability and willingness to switch between phone carriers. He views T-Mobile's postpaid subscriber outlook as conservative nonetheless, but he argued that there are a number of unknowns, including how subscriber counts will change due to the merger with Sprint and Sprint's sale of its Boost prepaid business to Dish Network Corp. . "It is clear to us that the Street is already baking in significant synergy benefits, but discounting the risks that lie ahead," McCormack wrote. T-Mobile shares have added 6% over the past month as the S&P 500 has added 10%.
Click here to read the full article. Warren Schlichting, president of Dish Network's Sling TV over-the-top division who also oversaw ad sales and programming deals, is no longer with the company. His exit comes after Dish reported a net loss of 375,000 Sling TV customers over the last two quarters.Schlichting, a nearly nine-year Dish veteran, had been named head of the Sling TV group in December 2017. In his most recent role, the exec also oversaw acquisition and renewal deals for all programming content for Dish TV and Sling TV and advertising sales for both groups.Taking over as head of Sling TV is Michael Schwimmer, who returned to Dish in June 2019 to lead international business development and strategy. Kevin Arrix, senior VP of Dish Media Sales, will now report to Schwimmer; Arrix will continue to be responsible for the company's advertising sales, analytics and operations.Dish's satellite TV business has been in decline the last several years -- hurt by cord-cutting. In 2015, it launched Sling TV in 2015, hoping the internet-delivered pay TV package would offset those losses. In the fourth quarter of 2019, Dish posted Sling TV's first-ever sub declines, with a net loss of 94,000 accounts. That accelerated in Q1, as Sling TV shed 281,000 customers. As of March 31, Sling TV had 2.31 million customers, down 4.7% from a year earlier.Under Schlichting, Sling TV launched several free promotions during the COVID-19 pandemic to try to win new subscribers. In an interview in April, the exec said about the Sling TV giveaways, "I don’t know where this is going to land,” and said that within the company, “we’re either going to win a lot of friends or get thrown off the end of the boat.”Prior to heading up Sling TV, Schlichting served as Dish's EVP of marketing, programming and media sales. Prior to joining Dish in 2011, he worked at Comcast for nine years, most recently leading the operator's advanced advertising efforts on multiple media and ad delivery platforms including broadband, interactive television and video-on-demand. Before Comcast, he was CEO of Hiwire and served in executive positions for Morgan Stanley and the William E. Simon private equity group.Also Monday, Dish announced several other appointments: Dave Mayo has joined the team as EVP, network development; Jeff Blum has been promoted to EVP, external and legislative affairs; and John Swieringa has been named group president, retail wireless, retaining his duties as Dish chief operating officer.
DISH Network Corporation today announced an expansion of its senior leadership team to support and advance the company's wireless future. Industry veteran Dave Mayo has joined the team as EVP, Network Development, Jeff Blum has been promoted to EVP, External and Legislative Affairs, and John Swieringa has been named Group President, Retail Wireless, and will retain his duties as DISH Chief Operating Officer (COO). In addition, Michael Schwimmer has been named Group President, SLING TV, following the departure of Warren Schlichting.
Stocks made a comeback in May, as major indexes marched higher on the economy gathering steam, government's stimulus measures and optimism over a potential vaccine for coronavirus.
In this article we will check out the progression of hedge fund sentiment towards DISH Network Corp. (NASDAQ:DISH) and determine whether it is a good investment right now. We at Insider Monkey like to examine what billionaires and hedge funds think of a company before spending days of research on it. Given their 2 and […]