|Bid||48.77 x 200|
|Ask||48.78 x 2600|
|Day's range||48.38 - 48.96|
|52-week range||42.80 - 54.77|
|PE ratio (TTM)||6.62|
|Earnings date||24 Apr 2018|
|Forward dividend & yield||2.36 (4.95%)|
|1y target est||56.08|
Verizon (VZ) is closing call centers and vacating buildings in several states as part of its reorganization to consolidate customer service operations and control costs. The company also planned to close call centers in Maine, Nebraska, Connecticut, and California. Verizon’s call center closures have continued.
The FCC recently denied a request to block Straight Path from transferring certain spectrum licenses to Verizon (VZ). The CCA (Competitive Carriers Association) petitioned the FCC to review Verizon’s purchase of Straight Path’s 28 GHz and 39 GHz bands. The CCA is a trade group of smaller wireless carriers, and its members include T-Mobile (TMUS), Sprint (S), and United States Cellular (USM).
NEW YORK, April 19, 2018-- Today Verizon Communications Inc. closed its acquisition of Moment, a New York-based design and strategy firm founded in 2002. Beginning immediately, employees will join the ...
Verizon (VZ) finally won regulatory approval to close its purchase of Straight Path. Verizon battled with AT&T (T) for Straight Path, with Verizon’s $3.1 billion offer for Straight Path carrying the day.
Former Yahoo Chief Executive Officer Marissa Mayer is starting a technology business incubator, Lumi Labs, with longtime colleague Enrique Munoz Torres.
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.
Verizon (VZ) hired Joanna Lambert, a former PayPal (PYPL) executive, to head its finance and technology brands under its Oath division. The brands include Yahoo Finance, Tanda, and TechCrunch, with Yahoo Finance being one of the world’s largest digital destinations for business and financial news.
NEW YORK--(BUSINESSWIRE)-- Today, Oath, a Verizon (NYSE, Nasdaq: VZ) subsidiary announces that K. Guru Gowrappan will join the company as President and COO. Guru previously served as Global Managing Director at Alibaba Group. Leveraging his experience in scaling businesses globally, Guru will work with CEO Tim Armstrong and the Oath and Verizon leadership teams to cement Oath’s position as a powerhouse of trusted media and technology brands including AOL, BUILD, HuffPost, MAKERS, TechCrunch, Yahoo Mail, Yahoo News and Yahoo Sports.
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’.
Verizon as a passive investor and capping usage with its latest plan offering don't seem like good reasons to get excited about Helios and Matheson.
Harassment on Twitter (TWTR) has led some people to shut down their accounts and get out of the platform in protest. The outflow of users weakens Twitter since it creates a situation where the company struggles to sustain or grow its audience. In 4Q17, for example, Twitter trailed its main competitors in terms of growth of daily audiences.
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?
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,
NEW YORK, April 17, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of ...
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.
Martin Sorrell has left WPP after 33 years as chief executive following an investigation into personal misconduct. What’s next for the advertising group that he turned into an industry powerhouse? Will ...
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.