|Bid||31.740 x 4000|
|Ask||31.750 x 3000|
|Day's Range||31.710 - 32.280|
|52 Week Range||31.170 - 39.800|
|PE Ratio (TTM)||6.41|
|Earnings Date||Jul 24, 2018|
|Forward Dividend & Yield||2.00 (6.17%)|
|1y Target Est||37.43|
More than 1,000 public safety agencies across 52 states and territories have joined FirstNet, nearly doubling the network's adoption since April. FirstNet is the nationwide public safety communications platform dedicated to America's first responders. Being built with AT&T*, in public-private partnership with the First Responder Network Authority (FirstNet Authority), FirstNet is bringing public safety a much-needed technology upgrade to help them connect to the critical information they need.
Sprint CEO Michel Combes – guiding the company ahead of the planned merger with T-Mobile – liked what he saw last week with a federal judge’s decision on the AT&T acquisition of Time Warner. It gives “even more comfort that our deal should be approved,” Combes said in an interview Thursday. Judge Richard Leon, who didn’t buy the federal government’s objection to the AT&T (NYSE: T) deal, is acknowledging that the “industry structure has changed,” Combes said.
Customers who opt for AT&T new premium unlimited wireless plan will get to add a premium service such as HBO, Showtime or Pandora Premium for free.
Disney's (DIS) sweetened takeover bid for 21st Century Fox (FOXA) has soured ratings agency Moody's Investor Service on the media giant's debt. Moody's placed Disney on review for a downgrade late yesterday, citing the company's major debt load, should it be successful in buying Fox and European satellite TV provider Sky: Moody's pegs the company's debt to earnings before interest, taxes, depreciation and amortization ratio around four times if the deal closes, 3.5 times without Sky. Of course, that figure could go higher if Comcast (CMCSA) ratchets up its own $65 billion offer for Fox and Disney decides to escalate again. Moody's expects that should a ratings downgrade occur, it will be limited to one notch." Needham's Laura Martin expects that Disney will win the day, given that Fox's controlling Murdoch family will vote its 17% economic interest for the deal, which means that only 40% of remaining shareholders need to agree, where as 60% of non-Murdoch shareholders have to vote for the Comcast deal.
U.S. District Judge Richard Leon recently gave the green light to AT&T (T) to acquire Time Warner (TWX). This decision ended the lawsuit brought by the U.S. Justice Department, resulting in a major setback for the Trump administration. The deal marries AT&T Wireless, DIRECTV, and U-Verse with Time Warner’s HBO, Warner Bros., and its Turner networks—including CNN. The deal is expected to help AT&T compete with challengers such as Netflix (NFLX).
Ever since a federal judge approved the mega-merger between AT&T (NYSE:T) and Time Warner (NYSE:TWX), Comcast and Walt Disney Co (NYSE:DIS) have upped the ante in their acquisition pursuits of Twenty-First Century Fox Inc (NASDAQ:FOXA). Comcast rivaled that with a $35 bid last week. This is all great news for Fox.
After years where it husbanded resources in favor of paying dividends, AT&T (NYSE:T) was finally able to break out of its telecom box this week and buy Time Warner, now renamed WarnerMedia. CEO Randall Stephenson talks a good game, of reinventing AT&T for the cloud era. AT&T has spent the last two decades missing the biggest opportunity of the century.
EL SEGUNDO, Calif., June 21, 2018 /PRNewswire/ -- The AT&T* AUDIENCE Network series "Mr. Mercedes," produced by Sonar Entertainment, is returning to San Diego Comic-Con July 19-21 with the cast and creators of season 2 for the "Mr. Mercedes Immersive Experience" and show panel. The "Mr. Mercedes Immersive Experience" will give fans a glimpse into the past and a peek into the future of the AT&T AUDIENCE Network original series based on the trilogy by Stephen King.
The company, which last week closed its $81 billion purchase of Time Warner Inc., scored in the top 1% of all companies analyzed for the ranking for innovation. It also was in the top 3% of companies in financial strength, another ranking category, but it was in the bottom 30% when it comes to customer satisfaction, a third category. Time Warner, a big media content producer, fell outside the top 250, at No. 283 among 693 U.S. and Canadian companies included in the research that was conducted to develop the ranking.
Moody's Investors Service, ("Moody's") has affirmed the ratings on two classes and downgraded the ratings on six classes in Morgan Stanley Capital I Trust 2006-TOP21 as follows: Cl. A-J, Downgraded ...