Unnamed Bidder Doubles Down on Straight Path
Straight Path Communications has received an even sweeter bid from an unnamed telecom company that the one the same company made less than 10 days ago. Will AT&T respond?
Telecom & Wireless
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Verizon Remains DJIA’s Worst Performing Stock for 2017
Verizon posted a new 52-week low last week, but shares recovered a bit on Friday to end the week on a positive note. Still, the company remains the worst performer among the Dow's 30…
For First Time, More Than Half of US Homes No Longer Have Landline
It was bound to happen as more and more Americans owned cell phones or smartphones and wireless broadband became almost universal. Over half of all U.S. homes no longer have a landline.
How Analysts View Frontier Communications After Its Slashed Dividend
Frontier Communications Corp. (NYSE: FTR) had already been a serial disappointment to investors. Having such a high double-digit yield based upon cash flow management rather than based upon a traditional earnings per share proved…
Verizon Is Looking to Acquire Growth: 5 Companies That May Be Targets
A new Merrill Lynch research report makes the case that it is "game on" for Verizon, as merger discussions that were prohibited under anti-collusion rules will be possible now.
Verizon Drops Further, Continues as DJIA’s Worst Performing Stock for 2017
Verizon shares fell to a new 52-week low on Friday and the stock continues to be the poorest performer among the 30 stocks that comprise the Dow Jones Industrial Average.
Is AT&T the Best Defensive Stock Against a 2017 Market Correction?
Some sell-offs come out of thin air for reasons that most investors had not considered. Maybe it is time for investors to reconsider all of the growth-chasing in favor of some of the safer…
AT&T Makes Some Headway Meeting Earnings Estimates
AT&T Inc. (NYSE: T) reported its first quarter financial results after the markets closed on Tuesday. The company said that it had $0.74 in earnings per share (EPS) and $39.4 billion in revenue, versus…
AT&T Kicks Off 5G Network, Prepares to Fight Off Competing Bid for Straight Path
AT T this morning rolled out its 5G network in portions of Austin, Texas to customers who own a Samsung Galaxy S8 or S8+.
T-Mobile Posts Solid Q1 Earnings Beat
T-Mobile US, Inc. (NASDAQ: TMUS) reported its first quarter financial results after the markets closed on Monday. The company said that it had $0.80 in diluted GAAP earnings per share (EPS) and $9.61 billion…
Verizon Returns as DJIA’s Worst Performing Stock for 2017
Verizon is once again the worst-performing DJIA stock following a disappointing first-quarter earnings report that included a significant loss in its number of wireless subscribers.
Could Verizon Be a Time Inc. Bidder?
The New York Post reported that Verizon maybe a bidder for Time Inc., an arrangement that would seem improbable at first consideration.
How Unlimited Data Plan Cost Verizon Shareholders
Verizon's new unlimited data plan, introduced in mid-February, cost the company about 5% in wireless division revenues. However, it did help add nearly 50,000 new subscribers.
Why Jefferies Sees Big Upside in AT&T
Although things may seem tough for this major telecom at the moment, with the stock down about 3% year to date, one analyst is taking a very positive stance on the stock.
Americans Spend 5 Hours a Day on Their Mobile Devices
The time Americans spend using their mobile devices has nearly doubled in four years. Social and messaging apps command a large percentage of that time, but entertainment, especially video, is growing fast.