|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||62.44 - 64.08|
|52-week range||54.60 - 68.88|
|PE ratio (TTM)||24.61|
|Earnings date||12 Feb 2018 - 16 Feb 2018|
|Forward dividend & yield||0.00 (0.00%)|
|1y target est||73.04|
Now we’ll take a look at Verizon’s (VZ) spending on capex (capital expenditure). In order to improve its network and acquire additional spectrum for future use, the mobile carrier has been investing largely in capex. Wall Street analysts expect Verizon’s spending on capex to reach ~$5.5 billion in 4Q17.
Lately, 5G (fifth-generation) technology is generating some buzz in the media and telecommunications industry. The 5G network has the potential to significantly reduce latency, boost download and upload speeds, and improve network reliability. According to research by Statista, 5G wireless subscriptions are projected to reach 545 million by 2022.
Dish Network swooned on an analyst downgrade while T-Mobile US, American Tower and SBA Communications gained ground.
Now let’s take a look at Verizon’s (VZ) customer retention metric, or its churn rate. Wall Street analysts anticipate Verizon’s postpaid phone churn rate to rise in 4Q17 mainly due to growing competition in the postpaid market and strong promotional offers from competitors. Earlier in 3Q17, Verizon reported a postpaid phone churn rate of 0.75%, the tenth consecutive quarter in which it had a postpaid phone churn rate of less than 0.90%.
Verizon Communications Inc. (VZ) offers the most efficient wireless network in the United States. It has a strong portfolio of wireless spectrums of which a little more than half is currently used to support 4G LTE networks.
Previously in this series, we learned about AT&T’s (T) anticipated prepaid customer net additions in 4Q17. In this part, we’ll take a look at AT&T’s churn rate in its combined domestic wireless operations. Wall Street analysts expect AT&T’s postpaid phone churn rate to increase significantly due to growing competition in the postpaid space bringing strong promotional offers from competitors.
Previously, we discussed expectations for AT&T’s (T) postpaid phone customer additions in 4Q17. Wall Street analysts expect AT&T to see 400,000 prepaid customer net additions in 4Q17 due to intense competition in the prepaid market. In 3Q17, AT&T gained a total of 324,000 prepaid subscribers, compared with 304,000 in 3Q16, with strength coming from the Cricket and AT&T Prepaid brands.
In the previous article, we discussed the expectations for Verizon’s (VZ) postpaid phone customer net additions in 4Q17. Let’s take a look at the kind of prepaid customer net additions that we could expect from Verizon. Wall Street analysts expect 100,000 prepaid customer net additions from Verizon in 4Q17, which is due to the increasingly intense competition in the prepaid market.