|Bid||5.09 x 3000|
|Ask||0.00 x 1100|
|Day's Range||5.04 - 5.12|
|52 Week Range||4.81 - 9.02|
|PE Ratio (TTM)||2.96|
|Earnings Date||Jul 30, 2018 - Aug 3, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||5.18|
The U.S. Federal Communications Commission said on Friday it was referring reports that a website flaw could have allowed the location of mobile phone customers to be tracked to its enforcement bureau to investigate. A security researcher said earlier this week that data from LocationSmart, a California-based tech firm, could have been used to track AT&T Inc (T.N), Verizon Communications Inc (VZ.N), Sprint Corp (S.N) and T-Mobile US (TMUS.O) mobile consumers within a few hundred yards of their location and without their consent. Senator Ron Wyden, an Oregon Democrat, on Friday had urged the FCC to investigate, saying on Twitter that a "hacker could have used this site to know when you were in your house so they would know when to rob it.
The U.S. Federal Communications Commission said on Friday it was referring reports that a website flaw could have allowed the location of mobile phone customers to be tracked to its enforcement bureau to investigate. A security researcher said earlier this week that data from LocationSmart, a California-based tech firm, could have been used to track AT&T Inc, Verizon Communications Inc, Sprint Corp and T-Mobile US mobile consumers within a few hundred yards of their location and without their consent. Senator Ron Wyden, an Oregon Democrat, on Friday had urged the FCC to investigate, saying on Twitter that a "hacker could have used this site to know when you were in your house so they would know when to rob it.
T-Mobile (TMUS) repurchased ~10.5 million shares for roughly $666 million in the first quarter, which means the shares were repurchased at an average price of $63.43 each. The repurchases were part of the company’s share repurchase program authorizing the buyback of up to $1.5 billion worth of shares through December 31. Also in the first quarter, one of T-Mobile’s largest shareholders, Deutsche Telekom AG, purchased 3.3 million additional shares at an aggregate market value of $200 million.
Sprint’s (S) closing price on May 14 was $5.14. Based on that, Sprint has a market capitalization of $20.6 billion, the lowest among all the major US mobile operators. Sprint stock has fallen 35.4% in the trailing year.
OVERLAND PARK, Kan., May 18, 2018 /PRNewswire/ -- Evelyn the robot is back! This time she's brought her friends Arm, Atlas, Roberto and Sassbot. Sprint (NYSE:S) introduced the world to Evelyn last February in its incredibly popular Super Bowl ad. Now Evelyn and her robot friends are on a super intelligent mission to learn more, share their findings, and help consumers save money in Sprint's latest creative campaign.
In the first quarter, T-Mobile (TMUS) posted adjusted EBITDA (earnings before interest, tax, depreciation, and amortization) of ~$2.96 billion, a 9% sequential rise and a 10.8% YoY (year-over-year) rise.
As of May 14, Sprint’s (S) market capitalization was $20.6 billion, making it the fourth-largest US mobile operator in terms of market capitalization. In comparison, T-Mobile (TMUS) had a market capitalization of $47.8 billion, Verizon’s (VZ) was $200.4 billion, and AT&T’s (T) was $197.7 billion.
T-Mobile (TMUS) added 199,000 net prepaid customers in the first quarter, a significant YoY (year-over-year) fall from the 386,000 customers it added in the first quarter of 2017. As we can see in the chart above, T-Mobile’s prepaid customer additions are slowing down from the previous year’s quarter. In the first quarter, T-Mobile’s prepaid churn rate improved sequentially and YoY.
Sprint (S) has been consistently increasing its capex (capital expenditure) to improve its network. In the fourth quarter of fiscal 2017, Sprint spent $0.78 billion on capex, excluding leased devices. For fiscal 2018, Sprint expects its cash capex to be $5 billion–$6 billion, excluding leased devices.
In the preceding part of this series, we assessed the latest Wall Street analyst recommendations for AT&T (T) stock. The majority of analysts are suggesting a “hold.” Let’s take a look at AT&T’s technical indicators and compare them to its peers in the telecom space.
OVERLAND PARK, Kan., May 18, 2018 /PRNewswire/ -- Sprint Corporation (NYSE:S) ("Sprint") announced today the expiration on May 17, 2018 and results of the consent solicitation (the "Consent Solicitation") of Sprint Capital Corporation ("SCC"), which is a wholly-owned finance subsidiary of Sprint Communications, Inc. ("SCI"), which is in turn a wholly-owned subsidiary of Sprint, and receipt of the consents necessary to effect certain amendments to the indenture, dated as of October 1, 1998 (as supplemented and amended, the "Indenture"), governing SCC's 6.875% Notes due 2028 (CUSIP No. 852060 AD4) (the "2028 Notes") and 8.750% Notes due 2032 (CUSIP Nos. The Consent Solicitation was conducted in connection with Sprint's previously announced agreement to merge (the "Merger") with a wholly-owned subsidiary of T-Mobile US, Inc. ("T-Mobile"), with Sprint surviving, after which Sprint is expected to become a direct or indirect wholly-owned subsidiary of T-Mobile USA, Inc. ("T-Mobile USA"), pursuant to that certain Business Combination Agreement (the "Business Combination Agreement"), dated as of April 29, 2018, among Sprint, T-Mobile, SoftBank Corp., Deutsche Telekom AG and the additional parties thereto (the Merger, together with the other transactions contemplated by the Business Combination Agreement, the "T-Mobile Transaction").
This week's cover story explores five key players in the proposed Sprint/T-Mobile merger.
Sprint's proposed merger with T-Mobile would be quite a transition, but it also would be one of many, many the company has experienced since its founding in 1899 in Atchison, Kan. Here's a sampling of some of the highlights.
SoftBank Group Corp. Chairman Masayoshi Son has battled for years to merge T-Mobile US Inc. with his Sprint Corp. Now that he finally has a deal, he risks having his hands tied by a secretive U.S. government panel. The merger between T-Mobile and Sprint would join the third- and fourth-largest U.S. wireless providers. The new company would be majority owned by foreign investors -- one German and one Japanese -- triggering a review by the Committee on Foreign Investment in the U.S. for any possible threats to national security.
A website flaw at a California company that gathers real-time data on cellular wireless devices could have allowed anyone to pinpoint the location of any AT&T, Verizon, Sprint or T-Mobile cellphone in the United States to within hundreds of yards, a security researcher said.
T-Mobile (TMUS) has been strengthening its customer base as of late. Notably, T-Mobile’s potential merger with Sprint (S) is expected to build a customer base of ~127 million and give stiff competition to the top two wireless carriers in the country, Verizon (VZ) and AT&T (T). T-Mobile has launched 14 Un-carrier efforts since the initiative’s launch in September 2017 and has remained successful in attracting more customers than its competitors.
In the first quarter, T-Mobile (TMUS) generated total revenue of $10.46 billion, which came in marginally above Wall Street analysts’ consensus estimate of $10.35 billion. Notably, the company has achieved leadership in the industry for delivering the highest growth in total revenue on a YoY basis for the past 19 quarters. Service revenue also delivered strong results in the quarter once again.
The biggest problem Sprint (S) currently faces is building its brand and value proposition as well as improving consumer perception. Sprint is optimizing and expanding its retail distribution to lower the average cost per transaction, increase its brand presence, and better serve its customers. Sprint believes that expansion of its distribution footprint could help attract new subscribers as well as boost the company’s total revenue.
T-Mobile (TMUS) started the year with impressive earnings results in the first quarter of 2018. The telecom (telecommunications) company exceeded Wall Street analysts’ expectations for both earnings and revenue. It’s been consistently delivering better-than-expected earnings results for the past several quarters.
Over the last few quarters, Sprint (S) has been the only major US mobile operator that has been struggling to deliver profits. The top four major US wireless service providers are T-Mobile (TMUS), AT&T (T), Sprint, and Verizon (VZ). Sprint reported EPS of $0.02 in its fourth fiscal quarter, signaling a significant improvement from an EPS loss of $0.07 in the year-ago period.
OVERLAND PARK, Kan., May 17, 2018 /PRNewswire/ -- Sprint (NYSE:S) today announced the launch of the Sprint IoT Factory, a game-changing online marketplace that presents businesses with a wide selection of complete, ready-made boxed solutions that leverage the power of IoT (Internet of Things) to help them do business smarter. "From family-owned restaurants, medical companies to heavy equipment fleet operators and everything in between, the Sprint IoT Factory is giving business owners the power to easily enhance operations – using IoT technology to track assets and connect what's most important to them," said Ivo Rook, senior vice president, IoT at Sprint.
On May 9, 28 analysts actively tracked AT&T (T) stock. Of these analysts, 17 rated the stock as a “hold,” ten rated the stock as a “buy,” and one rated the stock as a “sell.” Approximately 61.0% of Wall Street analysts gave the company “hold” recommendations.
Dividend yields, which compare companies’ annual dividend per share with their price per share, represent the true cash inflow to investors in return for every dollar invested in a company’s equity until the stock is sold. Long-term investors tend to prefer stocks that with higher dividend yields and growth. Verizon’s dividend yield was ~4.9% on May 7, lower than AT&T’s (T) ~6.2%.
Yahoo Finance's Jared Blikre joins Seana Smith from the floor of the New York Stock Exchange to discuss the latest market moves after a Delaware judge lifted a temporary restraining order on National Amusement, paving the way for Shari Redstone to challenge Les Moonves and CBS.