73.10 +0.39 (0.54%)
After hours: 6:24PM EDT
|Bid||72.75 x 800|
|Ask||73.10 x 2200|
|Day's Range||72.51 - 73.58|
|52 Week Range||55.09 - 74.31|
|Beta (3Y Monthly)||0.73|
|PE Ratio (TTM)||21.64|
|Earnings Date||Apr 25, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||81.00|
The company said it added a net 656,000 phone subscribers in the first quarter, up from 617,000 additions a year earlier and substantially more than the 612,000 new subscribers analysts had expected, according to research firm FactSet. T-Mobile, the third-largest U.S. wireless carrier by subscriber count, is awaiting approval of its $26 billion deal to buy smaller rival Sprint Corp, which it has said will give it scale to compete with market leaders Verizon Communications Inc and AT&T Inc. T-Mobile US Chief Executive John Legere said during a post-earnings call with analysts that he remained "optimistic and confident" that U.S. regulators would recognize the merger as good for consumers, and said he still expects deal approval in the first half of this year.
On a per-share basis, the Bellevue, Washington-based company said it had net income of $1.06. Earnings, adjusted for costs related to mergers and acquisitions, were $1.17 per share. The results exceeded ...
T-Mobile reported first-quarter profit and wireless subscriber adds that topped Wall Street analysts' estimates. But investors are waiting for regulators' ruling on the Sprint merger.
T-Mobile’s first-quarter earnings beat Wall Street estimates but the stock was basically unchanged in after-hours trading.
Denver is one of 20 cities that Verizon says will get its 5G Ultra Wideband service in 2019. The Mile High City joins the likes of Atlanta, Boston, Houston, Kansas City and Salt Lake City in the announcement, as well as Chicago and Minneapolis, the first cities to get 5G access. A representative for Verizon (NYSE: VZ) declined to share when the company plans to bring its 5G online in Denver, saying it will do so at a later time.
Customer Net Additions of 1.7M and Record-Low Postpaid Phone Churn of 0.88%; Record Service Revenue of $8.3B, Record Q1 Net Income of $908M and Record Adjusted EBITDA of $3.3B
T-Mobile US Inc and Sprint Corp executives this week urged senior U.S. regulators to approve the proposed tie-up, saying the combined company would have the incentive to slash prices, according to a filing on Thursday. At the meeting Wednesday, Federal Communications Commission officials questioned company executives about such issues as "submitted economic modelling, including how it is conservative in measuring benefits and pricing constraints," according to a filing with the FCC from a lawyer for the companies. "They also discussed their pricing commitments as well as the incentives for New T-Mobile to aggressively lower prices," the letter said.
Why Verizon’s Q1 Earnings Triggered a Sell-Off(Continued from Prior Part)Verizon’s wireless service revenue In this part, we’ll discuss the two most important divisions of Verizon’s (VZ) wireless revenues. The smaller part is the company’s
Why Verizon’s Q1 Earnings Triggered a Sell-Off(Continued from Prior Part)Verizon’s first-quarter revenues Verizon Communications (VZ) reported first-quarter consolidated revenues of $32.13 billion—well below analysts’ consensus estimate of
Why Verizon’s Q1 Earnings Triggered a Sell-OffVerizon’s first-quarter results Verizon Communications (VZ) reported its first-quarter earnings results on April 23. The company reported an adjusted EPS of $1.20, which was ~2.6% higher than the
T-Mobile has been the industry’s best-performer over recent years, chipping away at larger rivals AT&T and Verizon with lower prices.
The Latest on 5G Equipment Vendors Nokia and Ericsson(Continued from Prior Part)Why Goldman Sachs downgraded Nokia Analysts at Goldman Sachs recently downgraded their rating on Nokia (NOK) stock to a “sell” from a “neutral,” according to a
Verizon will sell the Samsung Galaxy S10 5G beginning May 16. The phone will cost $1,300 and is the first to support Verizon's 5G network without requiring an accessory. Verizon also announced that it will activate 20 new 5G markets this year.
AT&T (T) and Verizon (VZ) miss first-quarter 2019 revenue estimates as the industry appears to be still grappling with the aftereffects of the trade war and higher investments for technology and infrastructure upgrade for 5G deployments.
With T-Mobile wooing the Trump administration in the hopes of getting final regulatory permissions to acquire Sprint, the American wireless industry may go from having four big players to only three national carriers. Despite T-Mobile CEO John Legere’s promises of bountiful benefits from the merger, including rolling out a nationwide 5G network (in a way that is sensitive to American national security concerns), it would likely bring about higher-priced, lower-quality mobile service, tens of thousands of lost jobs, and lower wages to employees who would have fewer places to take their skills. The latest reports indicate that, notwithstanding T-Mobile’s lobbying offensive, federal regulators have serious concerns about the merger.
Verizon’s Mixed Q1 Earnings Results: Must-Know Highlights(Continued from Prior Part)Customer additions of Verizon in Q1 In Q1 2019, Verizon (VZ) added net 1.17 million retail customers, driven by 1.13 million retail postpaid customer additions.
Netflix Aspires to New Records in 2019(Continued from Prior Part)Bundling helping Netflix in customer acquisition Netflix (NFLX) has entered partnership arrangements with mobile operators and cable providers to bundle its video service with their
AT&T Met Q1 Earnings Estimate, Missed Revenues(Continued from Prior Part)AT&T’s dividend yieldAT&T (T) has been consistently paying and increasing dividends for the past few quarters. In the first quarter, AT&T declared a
AT&T Met Q1 Earnings Estimate, Missed RevenuesAT&T’s first-quarter results AT&T (T) reported its first-quarter results before the market opened on April 24. The company posted net sales of $44.8 billion in the first quarter—up ~17.8%
T-Mobile's Q1 Results: Analysts' Expectations(Continued from Prior Part)Stock returns T-Mobile (TMUS) has generated returns of 16.9% in the trailing 12-month period and 2.5% in the trailing one-month period. T-Mobile’s share price has increased
AT&T's Q1 Results Are around the Corner: What Wall Street Expects(Continued from Prior Part)Ratings and target priceAccording to the data compiled by Reuters, as of April 17, among the 31 analysts tracking AT&T (T) stock, 52% have given it