63.25 -0.00 (-0.00%)
After hours: 4:11PM EDT
|Bid||62.45 x 1000|
|Ask||64.14 x 100|
|Day's range||62.65 - 63.61|
|52-week range||54.60 - 68.88|
|PE ratio (TTM)||12.16|
|Earnings date||23 Apr 2018 - 27 Apr 2018|
|Forward dividend & yield||N/A (N/A)|
|1y target est||73.42|
In December 2017, T-Mobile (TMUS) announced its first ever stock buyback program of up to $1.5 billion worth of its common stock through 2018. It will complete the buyback by utilizing idle cash and not by leveraging up the company. Repurchasing shares is one of the ways in which the company is returning value to its investors.
America’s third- and fourth-largest wireless service providers, T-Mobile (TMUS) and Sprint (S), have restarted their merger discussions for the third time in four years. The two companies weren’t able to find mutually agreeable terms when the previous merger discussions collapsed late last year. According to an article by the Wall Street Journal, “The latest discussions come just five months after a previous courtship ended largely over who would control the combined business.” The article also stated, “It is unclear what terms Sprint and T-Mobile are considering, and it is possible, as before, that they could fail to reach an agreement.
T-Mobile (TMUS), the third-largest wireless carrier in the United States (SPY), continues to provoke the wireless industry with innovative service plans and added subscriber benefits every few months rather than just competing on price.
The popularity of streaming services like Netflix (NFLX) has made life difficult for traditional cable TV providers like Comcast (CMCSA) with customers increasingly preferring cheaper streaming services to cable TV subscriptions. Comcast didn’t mention the price of the bundled subscription, but it is likely to be cheaper compared to buying the two subscriptions separately.
Citing a breach of agreement inked last year, the U.S. Department of Commerce slapped a seven-year ban on sale of various components to ZTE after it was caught illegally shipping goods to Iran.
A 5G wireless network has the potential to significantly reduce latency, improve network reliability, and boost download and upload speeds. According to research by Statista, 5G wireless subscriptions are projected to reach 545 million by 2022. In the 5G space, AT&T (T) is competing with wireless carriers T-Mobile (TMUS), Verizon (VZ), and Sprint (S).
T-Mobile US is again expected to lead wireless service providers in postpaid phone subscriber additions in the March quarter and its winning streak could fuel a bigger stock buyback.
Verizon’s (VZ) Oath is eliminating some components of its ad-tech (advertising technology) arm, as reported by Business Insider. The pruning at Oath is viewed as part of Verizon’s process of sorting out AOL and Yahoo assets so it can keep the best of both companies.
The race for 5G implementation is heating up, and Verizon (VZ) and AT&T (T) have been talking about launching some forms of 5G services in select markets before the end of 2018. T-Mobile (TMUS) said it was working with Nokia (NOK) to begin making its network 5G-ready in 2Q18 and is eyeing a nationwide 5G rollout by 2020.
T-Mobile (TMUS) expects to begin offering 5G services in early 2019, and it plans to begin the process in 2Q18. In late February 2018, Nokia (NOK) announced that it was supplying equipment and technologies that would prepare T-Mobile’s network for 5G.
Previously in this series, we assessed Wall Street analysts’ latest recommendations for T-Mobile (TMUS) stock. Most analysts recommend “buy.” In this part, we’ll look into T-Mobile’s technicals and compare them with telecom peers’.
Shares of telecom (telecommunications) company Sprint (S) rose 12.2% to close at $5.78 in the week that ended on April 13, 2018. Sprint shares have generated returns of -30% in the last 12 months and 9.3% in the last month after falling over 30% in 2017. What drove Sprint stock higher?
The Federal Communications Commission announces $40 million fine on T-Mobile (TMUS) after an investigation which showed that it was involved in the practice of injecting false ring tones into calls.
Of the 30 analysts tracking T-Mobile (TMUS) stock on April 6, 2018, 26 (~87%) recommended “buy,” three recommended “hold,” and one recommended “sell.” Analysts have given T-Mobile a 12-month target price of $73.54, implying a 23% return based on its closing price of $59.65 on April 6.
As of April 6, 2018, T-Mobile’s (TMUS) market capitalization was ~$51.0 billion, making it the third-largest US wireless service provider. In comparison, AT&T (T), Verizon (VZ), and Sprint (S) had market caps of ~$218.8 billion, ~$193.7 billion, and ~$20.6 billion, respectively,
Previously, we learned about expectations for T-Mobile’s (TMUS) prepaid customer net additions in 1Q18. In this part, we’ll look at the company’s customer retention metric, its churn rate. T-Mobile’s postpaid phone churn should continue to improve in 2018, mainly driven by customer satisfaction and loyalty due to continuous improvements to its network quality and customer service. In 4Q17, T-Mobile reported a postpaid phone churn rate of 1.2%, lower than the 1.3% it reported in 4Q16. Lower churn helps mobile carriers save on acquisition costs related to acquiring subscribers, in turn expanding their operating margins.
T-Mobile will pay $40 million in fines for so called "false rings," which are used to make it seem like someone isn't answering the phone when in fact the call was unable to go through #tictocnews ...
The Federal Communications Commission announced a $40 million settlement with T-Mobile US Inc. over accusations the carrier made it seem that outgoing calls were ringing at their destination when they ...
Previously, we discussed expectations for T-Mobile’s (TMUS) postpaid phone customer net additions in 1Q18. In this part, we’ll look at what’s expected for T-Mobile’s prepaid customer net additions. Wall Street analysts expect 150,000 prepaid customer net additions for T-Mobile in 1Q18, given the growing competition in the prepaid market. In 4Q17, T-Mobile gained 149,000 net prepaid customers, representing a significant decline from the 541,000 reported in 4Q16.
Previously in this series, we’ve discussed Wall Street analysts’ expectations for T-Mobile’s (TMUS) 1Q18 earnings, revenue, and consolidated adjusted EBITDA (earnings before interest, tax, depreciation, and amortization). In this part, we’ll look at T-Mobile’s expected postpaid phone customer net additions in 1Q18. Analysts expect 830,000 postpaid customer net additions for T-Mobile, including 614,000 postpaid phone net additions.
In this part, we’ll compare Verizon’s (VZ) and US wireless competitors’ technical indicators. On April 6, 2018, Verizon stock was trading at $47.48, ~0.8% below its 20-day moving average of $47.84, ~3.7% below its 50-day moving average of $49.31, and ~5.1% below its 100-day moving average of $50.03.
Previously, we discussed T-Mobile’s (TMUS) expected consolidated adjusted EBITDA (earnings before interest, tax, depreciation, and amortization) growth in 1Q18. In this part, we’ll look at T-Mobile’s expected service revenue growth. Service revenue is a stable revenue stream for wireless service providers such as AT&T (T), Sprint (S), Verizon (VZ), and T-Mobile. Wall Street analysts forecast T-Mobile’s service revenue to rise ~6.7% YoY (year-over-year) to ~$7.8 billion in 1Q18.