|Bid||0.00 x 4000|
|Ask||0.00 x 1000|
|Day's Range||48.84 - 49.93|
|52 Week Range||42.80 - 54.77|
|PE Ratio (TTM)||6.53|
|Earnings Date||Jul 24, 2018|
|Forward Dividend & Yield||2.36 (4.91%)|
|1y Target Est||55.88|
The U.S. Supreme Court's ruling on Friday that the government generally needs a warrant to access cellphone location data is not just a win for digital privacy advocates — it's also a victory for the tech giants that make money off your data.
The U.S. Supreme Court on Friday imposed limits on the ability of police to obtain cellphone data pinpointing the past location of criminal suspects in a major victory for digital privacy advocates and a setback for law enforcement authorities. In the 5-4 ruling, the court said police generally need a court-approved warrant to get the data, setting a higher legal hurdle than previously existed under federal law. The court said obtaining such data without a warrant from wireless carriers, as police routinely do, amounted to an unreasonable search and seizure under the U.S. Constitution's Fourth Amendment.
For years, Cincinnati Bell was the only company to offer gigabit speeds in the Cincinnati metro area. But since last year, the Queen City has been in the crosshairs of the nation's fifth-largest telephone provider by residential subscribers.
The Net Neutrality laws, which were repealed by the Federal Communications Commission (“FCC”) on Dec 14, 2017, finally received the death knell on Jun 11. The newly constructed FCC under Trump administration with Ajit Pai at the helm rescinded the Obama-era open-Internet rules. Notably, the rules had altered the dynamics of the Internet Service Providers (ISP) industry.
Frontier Communications (FTR) has been trying to retain its subscribers and maintain a lower churn rate amid a highly competitive telecommunications sector. Customer churn is a measure of subscriber losses, and the lower the churn, the better. In the first quarter, Frontier’s customer churn rate was ~1.9%, which was better than its churn rates of ~2.4% in Q1 2017 and ~2.0% in Q4 2017.
It’s not just in the West where you can find an unmatched experience. Nationwide, we are consistently recognized for providing a superior network experience by a wide range of independent third parties. Having lots of awards from multiple independent testers is nice, but that’s not why we’ve built the nation’s best, most reliable wireless 4G LTE network, the largest in the country covering 2.5 million square miles.
In the note, Goldman Sachs analyst Brett Feldman upgraded the stocks to buy from neutral, citing their high scores across three important factors that contribute to the success of telecom companies; strong network assets and capabilities, large customer bases and strong financials.
Master of scoops Adrian Wojnarowski hints at upcoming picksReuters/USA Today SportsAdrian Wojnarowski tweeted: “The Lakers are unlikely to resist Mo Wagner with the 25th pick.” And the Lakers picked Wagner. The NBA and its broadcast partners agreed to hold back on reporting on picks early for this year’s NBA draft. More than three hours before the draft was scheduled to begin, ESPN’s NBA insider extraordinaire, Adrian Wojnarowski, tweeted how the top six picks were taking “shape.” That was the first signal that Wojnarowski had no interest in any peace treaties.
Jun.22 -- Jennifer Fritzsche, analyst at Wells Fargo, discusses the race to 5G technology and AT&T Corp.'s focus on advertising. She speaks on "Bloomberg Markets."