We have recently warned about a dividend bubble that is inflating in the high dividend yield stocks like the telecom giants. Both AT&T Inc. (NYSE: T) and Verizon Communications Inc. (NYSE: VZ)…
Over the last three months the best performing wireless carrier stock has been — wait for it — Sprint Nextel Corp. (NYSE: S), up nearly 62%. The second best performing stock in…
The U.S. markets appear to be set to follow Asian and European markets lower. Standard & Poor’s 500 Index could end a three-day rally, even as companies reported better-than-expected earnings in the…
Verizon Communications Inc. (NYSE: VZ) reported second-quarter results this morning that were inline with consensus estimates. Diluted earnings per share (EPS) came in at $0.64, on target with the estimate, and revenue…
The US Department of Justice is delaying the proposed acquisition by Verizon Wireless of wireless broadband spectrum from SpectrumCo. Verizon Wireless is a joint venture of Verizon Communications Inc. (NYSE: VZ) and…
Last Monday Verizon Communications Inc. (NYSE: VZ) filed a brief in federal court arguing against the Federal Communications Commission’s (FCC) proposed net neutrality rules. Verizon, which together with Vodafone Group plc (NASDAQ:…
In an effort to head off regulatory rejection of its planned $3.6 billion acquisition of more wireless spectrum from an outfit called SpectrumCo LLC, Verizon Wireless, a joint venture of Verizon Communications…
Less than a month ago, Verizon Wireless indicated that it would adopt a data plan that would allow its users to share data among a number of different devices, instead of having…
At an investor conference today, the CEO of AT&T Inc. (NYSE: T) said that data-only subscription plans for wireless networks are “inevitable” as wireless revenues shift more heavily to data rather than…
At a meeting of cable industry executives in Boston yesterday, FCC Chairman Julius Genachowski said the he supports usage-based pricing for Internet service to “help drive efficiency in the networks.” Genachowski also…
We noted earlier this morning that Verizon Wireless, the joint venture between Verizon Communications Inc. (NYSE: VZ) and Vodafone Group plc (NASDAQ: VOD), will not offer unlimited data plans to existing customers…
Shares of MetroPCS Communications Inc. (NYSE: PCS) and Leap Wireless International Inc. (NASDAQ: LEAP) are shooting up today following a report at Bloomberg News that German phone company Deutsche Telekom AG (OTC:…
When Verizon Wireless made its initial $3.6 billion offer to acquire wireless spectrum from SpectrumCo LLC, most observers didn’t think the deal would run into any opposition. Which only goes to show…
Frontier Communications Corp. (NASDAQ: FTR) missed its consensus first quarter EPS estimate this morning and the company’s shares are getting pummeled. The miss was close: EPS of $0.05, a penny below the…
Comcast Corp. (NASDAQ: CMCSA) reported first quarter earnings this morning that were better than analysts expectations, but a drop in video subscribers and a smaller-than-expected gain in voice subscribers are weighing on…
