S - Sprint Corporation

NYSE - NYSE Delayed Price. Currency in USD
+0.05 (+0.73%)
At close: 4:01PM EDT

6.84 -0.03 (-0.44%)
After hours: 5:53PM EDT

Stock chart is not supported by your current browser
Previous Close6.82
Bid6.75 x 38500
Ask6.87 x 800
Day's Range6.77 - 6.88
52 Week Range5.44 - 8.06
Avg. Volume22,817,195
Market Cap28.118B
Beta (3Y Monthly)0.02
PE Ratio (TTM)N/A
EPS (TTM)-0.55
Earnings DateOct 29, 2019 - Nov 4, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend Date2007-12-05
1y Target Est6.86
Trade prices are not sourced from all markets
  • State attorney general, telecom companies pledge to fight robocalls
    American City Business Journals

    State attorney general, telecom companies pledge to fight robocalls

    Twelve major telecommunication companies — including Comcast and AT&T; — have joined with Shapiro to prevent illegal robocalls.

  • Bloomberg

    Phone Companies Strike Deal With States to Fight Robocalls

    (Bloomberg) -- AT&T Inc., Verizon Communications Inc. and 10 other large phone companies have struck an agreement with 51 attorneys general to enact technology to block robocalls before they reach consumers.The deal, announced Thursday, will help protect consumers from receiving illegal robocalls, and assist law enforcement in investigating and prosecuting bad actors, said North Carolina Attorney General Josh Stein, who is leading the effort that includes all 50 states and the District of Columbia.Under the deal, the companies will launch the call-blocking technology at no cost to consumers, and make other free anti-robocall devices and apps available to subscribers. “By signing on to these principles, industry leaders are taking new steps to keep your phone from ringing with an unwanted call,” Stein said in a statement.The companies are under pressure to protect consumers against the unwanted calls, which are a top source of complaints with the U.S. Federal Communications Commission. Across the U.S. there were 48 billion robocalls last year, up from 31 billion in 2017, according to a tally by YouMail Inc., a developer of software that blocks the calls.In July, AT&T, Verizon and T-Mobile US Inc. said they were making progress toward installing technology to authenticate calls so consumers would know if the call is coming from the person supposedly making it. The FCC has demanded the technology be in place by the end of the year.FCC Chairman Ajit Pai said the agreements with the states “align with the FCC’s own anti-robocalling and spoofing efforts,” including the agency’s caller authentication standards.“Few things can bring together policy leaders across the political spectrum like the fight against unwanted robocalls,” Pai said in a statement. “The FCC is committed to working together with Congress, state leaders, and our federal partners to put an end to unwanted robocalls.”Consumers are often duped into answering phone calls because they appear to be from a local number or business.“The bad actors running these deceptive operations will soon have one call left to make: to their lawyers,” New York Attorney General Letitia James said in the statement.Companies InvolvedThe other companies signing the agreement are T-Mobile, CenturyLink Inc., Comcast Corp., Sprint Corp., Bandwidth Inc., Charter Communications Inc., Consolidated Communications Holdings Inc., Frontier Communications Corp., U.S. Cellular Corp. and Windstream Holdings Inc.The FCC has demanded that carriers adopt the system to digitally validate phone calls passing through the complex web of networks. The agency also has said that providers may block calls, and cast a preliminary vote to require the digital authentication if carriers fail to install it by year’s end.Several of the top U.S. carriers issued statements in concert with the state attorneys general announcement. While the group on a whole backed the effort, there were few if any new, specific anti-spam call actions or timelines mentioned.“It’s imperative that we stand together on a common set of goals that include stopping callers from hiding their identities, working with other carriers on efforts to trace back illegal calls to the source, and keeping the originators from sending robocalls in the first place," Verizon said in a statement.“The fight against the scourge of illegal robocalls requires all hands on deck, and we welcome and appreciate the support of the state attorneys general,” AT&T said in a statement.(Updates with carriers and FCC comment beginning in seventh paragraph.)\--With assistance from Erik Larson and Scott Moritz.To contact the reporters on this story: Jonathan Reid in Washington at jreid98@bloomberg.net;Susan Decker in Washington at sdecker1@bloomberg.netTo contact the editors responsible for this story: Jon Morgan at jmorgan97@bloomberg.net, ;Keith Perine at kperine2@bloomberg.net, Elizabeth WassermanFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Buying HBO Was the Easy Part for AT&T

    Buying HBO Was the Easy Part for AT&T

    (Bloomberg Opinion) -- Three years ago this month, Hollywood executive Peter Chernin and AT&T Inc. CEO Randall Stephenson shared a dinner on Martha’s Vineyard. Stephenson is still waiting for his dessert to arrive. It was the meal that sparked the idea for Stephenson, a practically lifelong member of the staid telephone industry, to enter the TV and film business by acquiring Time Warner, a then-$60 billion giant of the media world. After Stephenson struck the deal, he told Bloomberg News that it was Chernin who “first got me to appreciate the library that this company owns.” That library includes HBO, with hits like “Game of Thrones” and “Succession;” the Warner Bros. studio, which that year had an almost 17% share of the box office; and the rights to “Friends,” a sitcom that hasn’t aired fresh episodes in more than 15 years but has taken on new life as the Holy Grail of the streaming-TV market.In June of last year, 601 days after the companies agreed to merge, Time Warner officially became part of the Dallas-based wireless-phone carrier, defeating an attempt by the U.S. Justice Department to block the transaction. AT&T’s WarnerMedia division, as the Time Warner assets are now called, is seen as one of the biggest threats to Netflix Inc., though it doesn’t yet have a competing product to show for it. In fact, little more has come out of the WarnerMedia acquisition so far than reports of culture clashes, differing visions and high-profile personnel exits.According to the New York Post this week, some HBO staffers have been put off by the brusque management style of their new WarnerMedia boss John Stankey, a longtime AT&T executive. The Dallas-based C-suite is putting pressure on its Hollywood employees to ramp up HBO’s production slate as they coalesce around building a new streaming app named HBO Max, the strategy for which is still nebulous and seems to keep changing. They have a deadline to unveil the product to investors on Oct. 29. Later in the year, HBO Max will officially join the alphabet soup of video services already offered by AT&T:The subscription on-demand product sounds akin to Walt Disney Co.’s Disney+ and Apple Inc.’s Apple TV+, which are both launching within the next three months and gunning for Netflix Inc.’s subscriber base. They’re spending billions of dollars to fill out their apps with HBO-quality content. In theory, AT&T is sitting on a set of assets best suited to draw a wide streaming audience, with HBO’s high-quality programming, plus news, sports, comedy, cartoons and popular films. But merger integration issues and AT&T’s lack of experience in the content business pose major challenges.The price could also turn off subscribers. HBO Max is expected to charge a few dollars more than the stand-alone HBO Now app, which at $15 a month is higher than Netflix’s $13 monthly fee and more than double the $7 that Disney+ will charge. In fact, bundling Disney+, Hulu and ESPN+ will be just $13.  The irony is that while Stephenson tries to transform AT&T into a media conglomerate, the wireless business that’s effectively been overshadowed by the merger is improving. It's the healthiest area of the company. Wireless accounted for 37% of AT&T’s revenue in the last 12 months, but it was nearly 50% of Ebitda, according to data compiled by Bloomberg. That cash flow is helping AT&T contend with a heavy debt load, which stood at $194 billion as of June. Wireless network performance has gotten better as new spectrum has been deployed, boosting AT&T’s image as the carriers transition to 5G service. Based on scoring by various outlets that track wireless connections, AT&T was able to crown itself America’s “fastest, best and most reliable network,” which are useful bragging rights for TV ads as the industry battles for customers. More important, AT&T is saving money through a public-private contract it won to build FirstNet, a network for first responders. Put simply, while AT&T’s workers climb towers to set up FirstNet, they’re also prepping its airwaves for 5G.These improvements haven’t yet reduced churn, or the rate at which customers are leaving AT&T, but that could be next should the wireless business stay on track. And if T-Mobile US Inc.’s takeover of Sprint Corp. overcomes state opposition (16 attorneys general have sued to block the deal), there will be one less competitor for AT&T and a chance to raise prices.AT&T’s DirecTV satellite business continues to shrink, with the company losing 946,000 video subscribers in the second quarter, including DirecTV Now customers who canceled in the wake of price hikes. That streaming service was recently renamed AT&T TV Now as the company moves away from the fading DirecTV brand. It also introduced a new service this week in certain markets called AT&T TV, which is a similar live-TV and on-demand app with various package options, but also involves using a streaming box where users can access other services they may subscribe to, such as Netflix. It became clear this week that AT&T TV and HBO Max together are at the center of Stephenson’s vision for the new AT&T.The idea must have seemed so sweet three years ago. But peering into the kitchen, it’s all still a bit hectic. He'll have to keep waiting for that dessert.To contact the author of this story: Tara Lachapelle at tlachapelle@bloomberg.netTo contact the editor responsible for this story: Beth Williams at bewilliams@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Tara Lachapelle is a Bloomberg Opinion columnist covering deals, Berkshire Hathaway Inc., media and telecommunications. She previously wrote an M&A column for Bloomberg News.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.

  • American City Business Journals

    T-Mobile plans 5G accelerator with major companies including Intel, records show

    The companies plan to open a 5G innovation lab and incubator based at T-Mobile's Bellevue headquarters, according to an application filed with the state of Washington.

  • Sprint Faces Another Obstacle as Oregon Joins Lawsuit Against Merger

    Sprint Faces Another Obstacle as Oregon Joins Lawsuit Against Merger

    Some news just came out that could be another obstacle facing Sprint (NYSE:S) in its ongoing merger saga with T-Mobile (NASDAQ:TMUS). Oregon just joined the multi-state lawsuit to block the merger, and Texas joined the suit earlier this month. 16 states are now part of the suit which alleges that the new combined company would be anticompetitive.Source: BrandonKleinVideo / Shutterstock.com The Department of Justice announced that it had reached an agreement which would allow the merger between T-Mobile and Sprint to move forward. As part of the agreement, DISH Network (NASDAQ:DISH) will buy some of Sprints assets. The DOJ said that without these actions by DISH the merger could "substantially harm competition." The idea behind this thinking is that afterwards there will be four companies and the competition between them will prevent anticompetitive practices. Despite this, the states decided to pursue their lawsuits because they believe that the deal will ultimately lead to higher prices for consumers. * 10 Marijuana Stocks to Ride High on the Farm Bill Wall Street isn't sure whether or not this deal will close. 18 firms follow Sprint stock on a research basis. 14 of them have hold ratings on the stock while three firms have sell ratings on it. The average target price is $6.50, which is below current levels.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThere is one buy recommendation on Sprint stock. The analysts at UBS believe the deal will close. They recently upgraded S stock from hold to buy and put a $10 price target on it. Though the upgrade was before the news about Oregon joining the lawsuit came out, it does not seem to have changed their opinion. Sprint's Earnings ReviewSprint just reported a net loss of $111 million, or a loss of 3 cents a share. This was in line with estimates, but well below last year's net income of $176 million or 4 cents a share. Revenues dropped from $8.44 billion to $8.14 billion. This was slightly above estimates of $8 billion. The company also announced that had lost 120,000 subscribers which was less than the loss of 150,000 that analysts were expecting.Overall, the Street seems to be slightly bullish on the numbers, but some analysts believe at this point the earnings do not really matter and will not influence the Sprint stock price. The question now for Sprint shareholders is if and when the deal will be closed.Don't hold your breath, because it isn't going to happen anytime soon. The court date just got pushed back from October to December. This means that the deal will almost certainly not close this year, unless by some chance all the suits are settled before then. What's Next for Sprint Stock?Sprint stock rallied up to the $8 level when UBS upgraded it, but news of additional lawsuits knocked it back down. There is support at $6.50. This was the top of the range from September through June and is also the average target price of the firms that cover it.It is currently consolidating, or trading sideways around the $6.80 level. S stock will probably continue to do so until there is some more clarity with regards to the outcome of the lawsuit.At the time of this writing Mark Putrino did not hold any positions in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Marijuana Stocks to Ride High on the Farm Bill * 8 Biotech Stocks to Watch After the Q2 Earnings Season * 7 Unusual, Growth-Oriented REITs to Buy for Your Portfolio The post Sprint Faces Another Obstacle as Oregon Joins Lawsuit Against Merger appeared first on InvestorPlace.

  • T-Mobile (TMUS) Unveils Lab for Device Performance Test

    T-Mobile (TMUS) Unveils Lab for Device Performance Test

    T-Mobile's (TMUS) new device lab will carry out its 5G spectrum test with the help of specialized rooms like the Sub-6GHz 5G Radio Performance Chamber and the 5G Millimeter-Wave Antenna Range.

  • Geopolitics Favor Sprint Stock Despite Antitrust Concerns

    Geopolitics Favor Sprint Stock Despite Antitrust Concerns

    Recent news about the merger between Sprint (NYSE:S) and T-Mobile (NASDAQ:TMUS) reminded me why I don't like gambling on such events. As you know, the S stock price received a massive boost in the middle of the spring season. That was when Federal Communications Commission Chairman Ajit Pai expressed his support for the merger.Source: Shutterstock Moreover, the proposed union between the third and fourth largest U.S. telecoms cleared additional hurdles. Late last month, the U.S. Department of Justice declared that the two companies can move ahead with their merger. Combined with Pai's show of support, Sprint stock skyrocketed upon the positive news.However, it wasn't a complete loss for opponents of the move, who claimed that it would impede competitiveness. This criticism was especially relevant for rural customers, who may be vulnerable to onerous price increases. To address this issue, the DOJ required the merged company to spin off various assets to create a Sprint replacement.InvestorPlace - Stock Market News, Stock Advice & Trading TipsFurthermore, Dish Network (NASDAQ:DISH) will buyout these assets, including Sprint's prepaid wireless business. The satellite-TV provider will also acquire several of Sprint's wireless airwaves. Theoretically, this should help deliver mobile-internet access to rural residents. But despite this concession, many Democrats are not satisfied with the terms. Several of the left's presidential hopefuls requested that the FCC attain a public response to the merger before approving it. Citing the familiar argument about antitrust concerns, Democrats worried about negative consumer impact. Naturally, this is a distraction for S stock.But in this particular case, I believe the geopolitical implications overwhelmingly favor the merger. Thus, I wouldn't have too much anxiety about Sprint stock. S Stock Is One of the Trade War's Few BeneficiariesIn normal circumstances, I believe the Democrats' concerns would carry much more weight. They might even be enough to disrupt the bullish trajectory of the S stock price. And when it comes to the telecom industry, greater concerns exist. Right now, we have four major telecom companies. With the merger, we'd have three, making for a sizable 25% loss. * 10 Undervalued Stocks With Breakout Potential Put another way, post-merger, we'd be one company short of a duopolistic industry. At that point, consumers will have very little choice, thus bolstering the Democrats' argument.However, the narrative behind Sprint stock doesn't just involve competitive concerns. Rather, we have geopolitical ones as well. As I've argued a countless number of times, we're in the middle of a tech cold war. While China is technically an economic partner, they've made no bones about our underlying adversarial relationship.Let's remind ourselves that the biggest reason we're locked in a trade war is China's campaign of intellectual property theft. They want to catch up and later exceed our technological prowess. Obviously, the U.S. federal government will do everything to subvert China's plans.And that benefits S stock because part of winning in tech is winning in crucial sub-segments like 5G. With a successful rollout, 5G facilitates other innovations, such as artificial intelligence and automated transportation networks. Furthermore, in order to achieve this rollout, you must have strong telecom firms with appropriate know-how and capacity. Sprint has never really lacked in the former attribute. However, it's the latter that has inspired in part the merger proposition.Thus, here's the reality for Sprint stock. The U.S. can either have two relevant telecom names, and two hobbled ones. Or, all three can be vigorous rivals, competing not only for American customers but also American interests. The Sign of the TimesAs I mentioned back in June, Pai mentioned President Donald Trump when voicing his support of the merger. Specifically, Pai stated that 5G is a top priority for the White House. Back then, I said it was one of the smartest things Trump has ever uttered. I stand by that comment even more so today. That's because the Trump administration badly needs America's technological base to run in tip-top shape.According to a Wall Street Journal editorial, Trump is losing the trade war. As evidence, the president has increasingly ratcheted up the pressure on China, but without yielding substantive concessions. But because of the pressure, the domestic economy is showing fissures.With geopolitical events not working in the White House's favor, Trump must secure what he can. Plus, you have the combination of the FCC and the DOJ already greenlighting the merger. Therefore, the Democrats' opposition is nothing but noise for Sprint stock.As of this writing, Josh Enomoto did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Cheap Dividend Stocks to Load Up On * The 10 Biggest Losers from Q2 Earnings * 5 Dependable Dividend Stocks to Buy The post Geopolitics Favor Sprint Stock Despite Antitrust Concerns appeared first on InvestorPlace.

  • Benzinga

    KeyBanc: Tower Operators Are Key Beneficiaries Of 5G Networks

    Tower operators could benefit from increased leasing driven by accelerated 5G activity and new entrants into the wireless arena, according to KeyBanc Capital Markets. The Analyst Brandon Nispel maintained ...

  • American City Business Journals

    Presidential hopefuls take aim at T-Mobile merger

    The candidates want the Federal Communications Commission to seek public comment on T-Mobile's proposed Sprint takeover, effectively delaying the deal.

  • Democratic presidential candidates urge delay of Sprint/T-Mobile merger, more public comment time
    American City Business Journals

    Democratic presidential candidates urge delay of Sprint/T-Mobile merger, more public comment time

    A group of Democratic senators led by 2020 presidential candidate Amy Klobucher penned a letter urging the Federal Communications Commission to issue an additional public comment period on the Sprint/T-Mobile merger.

  • Market Exclusive

    Market Morning: Bond Bubble Reaches New Heights, Turkey Jails Mayors, Iran US Tanker Face Off,

    Spanish, Portuguese Bonds Near 0% Yield Inverted yield curves, record amounts of debt yielding negative rates, and countries only a few years ago on the verge of bankruptcy yielding next to nothing. These are the signs of the beginning of a possible manic bubble phase of a nearly 40 year bond bull market now in […]The post Market Morning: Bond Bubble Reaches New Heights, Turkey Jails Mayors, Iran US Tanker Face Off, appeared first on Market Exclusive.

  • Need to know: The plane paparazzi, Facebook's Redmond plans and Zillow's success
    American City Business Journals

    Need to know: The plane paparazzi, Facebook's Redmond plans and Zillow's success

    The Business Journal Untucked catches you up on Seattle-area business news from the past week, including an in-depth look at plane spotters, the rapid growth of Zillow Offers and Facebook's interest in Redmond.

  • Democrat wants FCC to open T-Mobile, Sprint settlement for comment

    Democrat wants FCC to open T-Mobile, Sprint settlement for comment

    U.S. Representative David Cicilline urged Federal Communications Commission Chairman Ajit Pai on Thursday to give the public the chance to comment on a draft order that would grant agency approval to the $26 billion merger of T-Mobile US Inc and Sprint Corp. Consumer advocacy groups have raised concerns that the merger could raise the cost of wireless services.

  • Sprint, T-Mobile may be in early settlement talks with state AGs
    American City Business Journals

    Sprint, T-Mobile may be in early settlement talks with state AGs

    The two wireless carriers have reportedly begun to explore settlement agreements with the 16 attorneys general suing to block the merger. However, a spokesman for the lead attorney general denied that talks were taking place and said that a settlement was not in the cards.

  • FCC chief moves Sprint/T-Mobile merger closer to formal approval
    American City Business Journals

    FCC chief moves Sprint/T-Mobile merger closer to formal approval

    Federal Communications Commission Chairman Ajit Pai has proposed a formal order approving the merger of Sprint Corp. and T-Mobile US Inc.

  • 7 5G Stocks to Buy Now for the Future

    7 5G Stocks to Buy Now for the Future

    Since I last wrote about the four best 5G stocks to buy as the trend heated up, the sector has touched new highs. The companies benefited from telecom companies rolling out 5G wireless. That trend is not only heating up, but is accelerating. AT&T (NYSE:T) will offer a fixed-wireless-access solution later this year, letting customers get 5G internet at home. Beating AT&T in the 5G race is Verizon (NYSE:VZ), which officially became the first major U.S. carrier to offer 5G cell service. * 15 Growth Stocks to Buy for the Long Haul Verizon's victory puts pressure on telecom firms to accelerate their investments in the 5G buildout -- or risk falling behind.Here are seven 5G stocks to help you build investments for the future as the rest of the sector keeps heating up.InvestorPlace - Stock Market News, Stock Advice & Trading Tips 5G Stock to Buy: Ciena Corporation (CIEN)Source: Shutterstock Ciena Corporation (NYSE:CIEN) stock rebounded from near-$33 lows in May after reporting second-quarter results June 6. The company reported revenue growing by 18.5% to $865 million. CIEN stock's adjusted earnings per share was 48 cents. Although the company faced tougher year-over-year comparisons, investors bid the stock to yearly highs above $46. In the last few quarters, the company reported a growth rate a few points above the long-term average of 6%-8%. Beyond this year, growth will revert to that 6%-8% range. And EPS growth of 20% a year is sustainable.Ciena acquired TeraXion for $32 million in 2016, gaining control of its high-speed photonics components, which have enabled Ciena to unroll optical chipsets. This move also gave CIEN the execution capability around TeraXion's electro-optics portion of the drivetrain as well as the company's silicon photonics.The rollout of 5G had a positive impact on the CIEN stock's most-recent quarter. And Ciena is highly engaged with its customers, especially at the optical project level. With that level of involvement with the largest tier one companies in North America, expect revenue to grow extremely well for the foreseeable future.Assuming a reasonable five-year compound annual growth rate of 7.1%, CIEN stock has an upside of over 10%. Cisco Systems (CSCO)Source: Shutterstock Cisco Systems (NASDAQ:CSCO) stock's near-term growth will come from being the world's largest secure domain name system platform, though the data center is another source of core growth. Cisco has around 35 data centers that are growing monthly, as the company expands its cloud. It has 100 million daily users on its platform, yet the company wants to be a bigger player in 5G in the future.On July 9, Cisco announced that it would buy optical component maker Acacia Communications (NASDAQ:ACIA) for $2.84 billion. In doing so, the telecom equipment supplier will widen its addressable market in the 5G space. And because service providers will put upgrading to 5G on their roadmap, CSCO will have to upgrade its optical components, too. As global internet traffic triples into 2022, Cisco will have a way to sell the hardware customers need to support all that data movement. * 7 Safe Dividend Stocks for Investors to Buy Right Now Acquiring Acacia gives Cisco the needed expertise in metro, long-haul and undersea data movement. Previously, the company's optical portfolio covered only short-range data center connections.CSCO's integration of Acacia strengthens its positioning for 5G in the future. Acacia already makes many of the optical interconnect modules in Cisco's equipment. But in the future, the demand for high-speed interconnect will increase rapidly. Nokia (NOK)Source: Shutterstock Nokia (NYSE:NOK) stock broke out of the $5 trading range when it reported fiscal second-quarter results that beat consensus estimates. The company benefited from new 5G deal wins in the quarter. Helped by improving product competitiveness, the company now has an impressive 42 commercial 5G deals and it is operational in nine live 5G networks. With the 5G rollout starting, Nokia recognized 5G revenue in the second quarter. Investors should expect that revenue recognition continuing to build in the second half of this year.Nokia is well-positioned to be a 5G player in the future. As Nokia sells 5G radio to customers, it is also selling other Nokia products. Not only that, but NOK is building its 5G business by converting all of its 4G LTE customers -- it has over 300 commercial 4G customers who need help transitioning to 5G over the next 10-20 years.Investors who gave up on NOK stock would have missed the stock rallying from $5 to nearly $5.80. In the last week, the stock traded down to the $5.20 range, creating an entry point. At a forward price-to-earnings ratio of 13, Nokia is not valued as a strong 5G player for the future. Markets are making a mistake ignoring this company's strong prospects.As many countries move quickly to deploy 5G, management may raise its guidance. Now, operators expect it will take 4-5 years after the initial rollout to get 5G deployed to 75% of their customers. That suggests Nokia's 5G growth acceleration is still in its early stages.It may also be a dividend discount: the multi-stage model suggests that Nokia stock is undervalued by 20%. NXP Semiconductors (NXPI)Source: Shutterstock NXP Semiconductors (NASDAQ:NXPI) has pivoted its business towards the automotive and 5G market over the last few years. Strong 5G deployment in the last few quarters assures the company's positioning in the space. Its second quarter, posted July 30, met consensus estimates. This is due partly to the benefit of a large mobile customer, but the higher revenue from the customer also led to lower deployment in the current Q3. To adjust for the uncertainties, NXPI lowered its Q3 revenue guidance to $2.21 billion-$2.27 billion. This is below the $2.35 billion estimated revenue.NXPI stock fell to as low as $96.11 by Aug. 5, only to recover somewhat when it closed recently at around $100. Management is bullish on the outlook for 5G but is assessing the potential near-term slowdown in the industry. With investor expectations lowered, investors have a chance to buy NXPI stock at a 15 times P/E and 11.3 times forward earnings. In doing so, shareholders are positioning themselves for the next wave of 5G spending. * 8 Dividend Aristocrat Stocks to Buy Now No Matter What Currently, NXP Semiconductors is benefiting from the growth in multi-input and multi-output (MIMO) deployment, where customers are expanding their capacity associated with their installed infrastructure. In the future, customers will move to 5G deployments. And from there, they may upgrade that capacity through software deployments to facilitate 5G. So indirectly, MIMO is driving revenue higher in the short-term. And as 5G ramps up more strongly into 2020, investors should get rewarded within a year. T-Mobile (TMUS)Source: Shutterstock In the telecom carrier space, T-Mobile (NASDAQ:TMUS) stock is creating a bigger and bolder competitor through its Sprint (NASDAQ:S) acquisition. Odds of the merger improved after the U.S. Department of Justice gave the firms clearance for the deal. But first, Sprint must divest its pre-paid business and also sell its 800 MHz spectrum license.While T-Mobile expects to deliver $43 billion in synergies from the deal, the 5G efficiencies from the merger will interest investors most. Looking into the future, T-Mobile is committed to covering 97% of the U.S. population with 5G in three years. In six years, 99% of the population will get 5G coverage. This aggressive timeline is possible because T-Mobile will leverage its 5G network.Currently, T-Mobile is deploying a 600 MHz and millimeter wave spectrum, and the former will become the foundation for its nation-wide 5G network. Once 5G smartphones are available, the company will launch 5G on 600 MHz later this year.T-Mobile's growth will also come from its broadband business. It's goal is to reach 9.5 million in-home broadband subscribers by 2024. This complements the cost synergies, with $4 billion coming from the network division, $1 billion from sales, services and marketing, and $1 billion from the back office. With consistent customer growth and higher efficiencies ahead, it is no wonder that TMUS stock is in an uptrend in 2019. Verizon Communications (VZ)Source: Shutterstock Verizon, whose shares also offer a dividend yielding 4.3% based on recent stock prices near $56, is another 5G stock to buy for the future. Its focus on the fiber deployment gives it this edge. VZ stock now has fiber in 60 cities -- and is growing at 1,400 route miles per month.Verizon's capital expenditures will support the buildout of its 5G Ultra Wideband network. For the full year 2019, capital expenditure will be in the range of $17 billion-$18 billion.Verizon has launched 5G in nine markets and aims to be in 30 within the full-year period. More impressive is the speed that VZ's 5G Mobility offers now. Handsets may now run at 1.3-1.5 gig and average up to 2 gigs. Offering speeds that are significantly faster than 4G will encourage customers to upgrade.After VZ stock topped $61 in April and is down 9.4% from there, markets are not expecting much revenue growth from 5G. Still, analysts who cover VZ stock have a $61.67 price target. * 5 Cheap Stocks to Buy Now That the Fed Cut Rates Despite the conservative expectations investors have for Verizon, 2020 will be an important year for its 5G growth. 5G Home is limited to four markets right now but will continue to expand. As the company rolls out 5G Home customer premise (CP) equipment, it will see a positive contribution to revenue in 2021. Intel Corporation (INTC)Source: Shutterstock Intel Corporation (NASDAQ:INTC) is broadening its business beyond PC central processing unit chips. It believes its network infrastructure business will benefit from the positive future for 5G, so it is investing in networks. Already, this business grew 40% since 2014 from just over $1 billion in revenue to over $4 billion last year. INTC stock is hardly trading like a 5G growth play: The stock is valued at just around 10.8 times earnings.The global rollout of 5G is driving demand for "network cloudification." Intel has opportunity in the core network and at the edge. And Intel's 10 nm Snow Ridge system on a chip technology will power 5G-base stations early next year. Already, the company secured two large telecom equipment manufacturers with this architecture. By 2022, Intel forecasts having a 40% market share.During its second quarter, Intel decided to get out of the 5G smartphone modem business. It sold the unit to Apple (NASDAQ:AAPL). This is a critical turning point for Intel because the chip giant may turn its attention towards 5G networking instead.In the near-term, growth from the cloud business will be slow and in the single digits as customers begin transitioning to 5G. Later this year and in 2020, Intel expects its cloud business to grow at a faster pace. Gross margin will fall slightly and will bottom at 57% in 2021. And while a gross margin in the 60% range next year is driven by the 10 nm chip refresh, the 5G ramp-up will help its network business.As of this writing, Chris Lau was long NXPI and NOK. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 15 Growth Stocks to Buy for the Long Haul * 5 More Cloud Stocks With Plenty of Potential * 5 Clean Energy ETFs to Buy for 2019 The post 7 5G Stocks to Buy Now for the Future appeared first on InvestorPlace.

  • FCC chairman circulates order to approve Sprint, T-Mobile tie-up

    FCC chairman circulates order to approve Sprint, T-Mobile tie-up

    U.S. Federal Communications Commission Chairman Ajit Pai on Wednesday circulated a draft order that would grant approval to the $26 billion tie-up of T-Mobile Us Inc and Sprint Corp. "The evidence conclusively demonstrates that this transaction will bring fast 5G wireless service to many more Americans and help close the digital divide in rural areas," Pai said in a statement. The order must still be approved by two of the other four FCC commissioners.

  • Sprint Lets Customers Have 2 Numbers on 1 Phone

    Sprint Lets Customers Have 2 Numbers on 1 Phone

    Sprint (NYSE: S) has followed T-Mobile (NASDAQ: TMUS) by taking steps to allow customers to put more than one number on a single device. The No. 4 U.S. wireless carrier has picked Movius'  cloud-based platform to offer the service. Sprint expects the multi-number, single-device service to launch in the first half of 2017.

  • Oregon joins states' lawsuit to block T-Mobile, Sprint merger

    Oregon joins states' lawsuit to block T-Mobile, Sprint merger

    Fifteen states and the District of Columbia are now seeking to stop the merger, which the states argue is anticompetitive and will cost their residents more than $4.5 billion annually. "Oregon’s addition to our lawsuit keeps our momentum going, and ensures that there isn't a single region of this country that doesn't oppose this anticompetitive megamerger," New York Attorney General Letitia James said in a statement. Earlier this month, a U.S. District Court in Manhattan ordered that the trial be delayed to Dec. 9, in a victory for the states, which had said they needed more time to investigate the merger.

  • Investors Should Consider Buying AT&T Stock Despite AT&T’s Problems

    Investors Should Consider Buying AT&T Stock Despite AT&T’s Problems

    At first glance, investors may not understand why AT&T (NYSE:T) stock trades at levels it reached in 1997. The forward price-earnings of T stock stands at only 9.4 and it has a high dividend yield of about 6%.Source: Shutterstock However, traders may remain on the sidelines for one big reason: AT&T. Specifically, tough price competition in wireless and cord-cutting have hurt T stock. Other negative catalysts for AT&T stock have included high spending on video content and the construction of a 5G network, which is quite expensive. * 8 Dividend Aristocrat Stocks to Buy Now No Matter What Still, 5G smartphones will hit the market soon. Once consumers begin to adopt this technology, T stock price may finally embark on a sustained rally for the first time in years.InvestorPlace - Stock Market News, Stock Advice & Trading Tips The Long-Term Outlook of T stock Is UpbeatI have been bullish on AT&T stock for a long time. As I stated in an earlier article, AT&T, along with Verizon (NYSE:VZ) and T-Mobile (NASDAQ:TMUS), will form a "wireless big three" as consumers and businesses adopt 5G. Emerging technologies such as artificial intelligence (AI) and The Internet of Things (IoT) cannot reach their full potential without 5G. Given the enormous cost of building a nationwide 5G network, other potential competitors will likely avoid entering the space. As a result, AT&T, Verizon and T-Mobile will wield considerable pricing power.However, that's a good reason to buy T stock and hold it for the long-term. The short-term outlook of AT&T stock is a different story. AT&T Continues to Hamper AT&T StockI still believe AT&T has fought too hard to resist the cord-cutting trend. Consumers grew weary of $100-plus per month cable TV bills and the proliferation of unattractive channels. Let's be honest; consumers do not want 24-hour channels devoted to obscure topics like farm news or underwater basket weaving. That pricey model makes no sense in a world of on-demand streaming.AT&T eventually came to this conclusion and took on huge debts to acquire content providers such as HBO, Turner Cable, and Warner Bros. studios at a considerable cost. The company put these companies together to form WarnerMedia, a streaming service that could recruit a substantial number of subscribers.However, despite AT&T's investment, its video revenues will not match the levels they reached during the heyday of pay-TV. Moreover, content spending and the 5G buildout have left AT&T with a debt burden that stood at $157.79 billion as of the end of the second quarter. Since AT&T's equity stood at $194 billion at the end of Q2, one can see why many owners of T stock have become uncomfortable with its balance sheet. The Dividend Makes T Stock AttractiveNonetheless, investors can benefit from the annual dividend of $2.04 per share of T stock, which comes to a yield of 6%. AT&T has increased its payout for 34 straight years. Consequently, ending the streak would show a lack of confidence and hurt T stock for years to come. So even if investors don't expect AT&T stock price to rise much in the short-term, they can still earn substantial cash while they wait for the company to turn itself around.Moreover, I think the stagnation of T stock, which has lasted for nearly a decade, may end soon. Its long-term debt fell by more than $6 billion in Q2. Furthermore, 5G will almost certainly bring better pricing power than 4G.Additionally, price competition from T-Mobile, which has forced AT&T and Verizon to cut prices in recent years, should subside. Given the cost of building a 5G network and acquiring Sprint (NYSE:S), T-Mobile will likely not be able to start another price war. Concluding Thoughts on T StockAT&T stock price appears poised to move higher as the 5G rollout begins. T stock has remained rangebound for years as the company's revenues fell and its costs increased. The cost of the dividend has put the company in a difficult position.However, the 5G network that burdened the company for years may soon give AT&T a level of pricing power not seen since its days as a monopoly. Moreover, even if T stock stagnates in the near-term, investors can collect a generous, increasing dividend.The company's high debt levels and the questionable nature of its content strategy indicate that some of its decisions have been suspect. However, with 5G coming soon, the current AT&T stock price may look like a huge bargain in retrospect.As of this writing, Will Healy did not hold a position in any of the aforementioned stocks. You can follow Will on Twitter at @HealyWriting. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 8 Dividend Aristocrat Stocks to Buy Now No Matter What * 7 Stocks to Buy to Ride the Vegan Wave * 4 Safe Stocks to Buy Amid Trade War Turbulence The post Investors Should Consider Buying AT&T Stock Despite AT&T's Problems appeared first on InvestorPlace.

  • Why Sprint's Shares Rose 11.6% in July
    Motley Fool

    Why Sprint's Shares Rose 11.6% in July

    The mini-major telecom inched closer to completing its long-winded merger with T-Mobile.

  • Editor's Notebook: Think it through — Sprint/T-Mobile is the right call
    American City Business Journals

    Editor's Notebook: Think it through — Sprint/T-Mobile is the right call

    Editor Brian Kaberline writes that although your instinct might tell you that Sprint's merger with T-Mobile would be bad for consumers, deeper reflection makes for a stronger case.

  • Will the 5G Revolution Bring Upside to Nokia Stock?

    Will the 5G Revolution Bring Upside to Nokia Stock?

    Nokia (NYSE:NOK) stock saw a brief pop last month thanks to an earnings beat … but can that move in NOK stock last much longer?Source: Shutterstock The release of second-quarter financials on July 25 boosted shares from $5.18 per share up to $5.60 per share. However, since then, Nokia stock has fallen back to about $5.40 share.Increased demand for 5G technology helped improve sales 7% year-over-year. But the company continues to post net losses due to restructuring and impairment charges. With a turnaround still in progress, is NOK worth a buy today?InvestorPlace - Stock Market News, Stock Advice & Trading TipsWhile the company has positive catalysts in the works, Nokia has missed the mark many times in the past. Let's take a closer look, and see if there is additional upside for Nokia stock. NOK Earnings: A Deeper LookThe company's financials are clouded by goodwill impairment and amortization charges. This is primarily related to the company's 2016 merger with Alcatel-Lucent. There are also restructuring charges related to their cost savings plan. With this in mind, let's take a look at the company's adjusted earnings. Adjusted (non-IFRS) operating profits exclude these charges. This provides a clearer picture of Nokia's operating performance. Non-IFRS operating profits were up 35% year-over-year. Adjusted earnings-per-share (EPS) of 0.05 euros were up 67% from the prior year's quarter. * 7 Winning High-Yield Dividend Stocks With Payouts Over 5% With annual cost savings of $700 million euros anticipated by 2020, the company has runway to improve operating margins. In terms of organic growth, the 5G revolution provides plenty of gas to grow revenues. Nokia's full-year outlook projects adjusted EPS of 0.25-0.29 euros. The company anticipates additional earnings growth in 2020, with projected adjusted EPS of 0.37-0.42 euros/share for next year.As InvestorPlace contributor James Brumley pointed out last month, Nokia has been landing 5G contracts left and right. NOK has signed over 42 end users, including China Mobile (NYSE:CHL), China Unicom (NYSE:CHU) and Sprint (NYSE:S). But the company still needs to execute. This presents a material risk for NOK stock. The company has set up high expectations. If they fail to deliver, new opportunities could dry up, sending NOK shares lower.There are additional risks to consider. As 5G reaches critical mass, competition will likely heat up. The U.S.-China trade war could accelerate, negatively impacting Nokia's business in both countries. But what does this mean for investors entering Nokia stock today? Can they enter the stock at a discount, or will they have to pay a premium? Let's take a look at the valuation of NOK stock, and see how it stacks up to peers. Nokia's ValuationNOK stock currently trades at a trailing twelve month Enterprise Value/EBITDA (EV/EBITDA) ratio of 10.1. This is a slight discount to competitors such as Cisco (NASDAQ:CSCO), which trades at an EV/EBITDA ratio of 13.8. Nokia stock also trades at a discount other telecom equipment manufacturers. LM Ericsson (NASDAQ:ERIC), for example, trades at an EV/EBITDA ratio of 11.6; Motorola Solutions (NYSE:MSI) trades at an EV/EBITDA ratio of 16.7.It is important to note that NOK has lower EBITDA margins. The company's EBITDA margins are 11.4%, which pales in comparison to both Cisco and Motorola Solutions. Cisco has EBITDA margins of 30.8%. Motorola Solutions has EBITDA margins of 26.2%. However, the company's operating margins are in line with LM Ericsson, which has an EBITDA margin of 9.8%.But is this discount warranted?Nokia has dropped the ball many times in the past. This under-performance has burned contrarian investors trying to call a bottom. Is the 5G revolution Nokia's "this time it's different" moment? The company faces many risks in executing the 5G rollout. But much of this negative sentiment is priced into shares, as seen by the discount to peers. This means investors could see tremendous upside if the company's 5G sales meet expectations.Nokia stock presents a high risk/high return opportunity for investors. But does this make the stock a screaming buy? While the company's future prospects are not set in stone, the positive catalysts in play make this opportunity a strong buy for long-term investors. * 7 Stocks the Insiders Are Buying on Sale Bottom Line on NOK StockNokia releases third-quarter earnings in late October. This gives investors several months to enter a position in NOK stock before additional information makes the bull case (or bear case) for shares. NOK trades at a discount to peers. If they can execute 5G successfully, the company's fortunes could materially improve. This would be a shot in the arm for Nokia stock.As it stands now, what's the play with NOK?In the short-term, investors may be not see upside. Shares will likely trade sideways, pending new developments on the 5G front. However, long-term, Nokia may be the right contrarian play in the telecom space. For investors looking for speculative opportunities in large-cap stocks, Nokia stock may just be a buy.As of this writing, Thomas Neil did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Internet Stocks Getting Hammered * 6 Big Growth ETFs to Buy For the Second Half of 2019 * 5 Cheap Stocks to Buy Now That the Fed Cut Rates The post Will the 5G Revolution Bring Upside to Nokia Stock? appeared first on InvestorPlace.