T-Mobile Might Not Overtake U.S. Larger Carriers...Yet (T) (VZ) (S)
Tweet
Share
E-mail
Get Alerts AAPL Hot Sheet
Price: $325.13 +2.61%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.3%
Revenue Growth %: +10.6%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.3%
Revenue Growth %: +10.6%
Join SI Premium – FREE
Investors are keeping an eye on Verizon (NYSE: VZ) and AT&T (NYSE: T) today follwing the "Un-carrier" event from Deutsche Telekom's (OTCBB: DTEGY) T-Mobile USA unit earlier.
In addition to debuting its 4G LTE network in seven markets, T-Mobile also announced plans to carry Apple's iPhone. Other devices that will run on T-Mobile's 4G network include the Samsung Galaxy S IV, BlackBerry (Nasdaq: BBRY) Z10, HTC One, T-Mobile Sonic 2.0 Mobile HotSpot LTE, and Samsung Galaxy Note II.
Following the failing of a deal between AT&T and T-Mobile in 2011, the two have been at ends. T-Mobile has made some solid moves since then, acquiring gobs of spectrum and streamlining its LTE roll-out plan. The company plans to have 200 million U.S. consumers covered by the end of 2013.
Deutsche Telekom is also close to sealing a deal which would merge MetroPCS (NYSE: PCS) into T-Mobile USA, creating one of the top wireless carriers (er, 'un-carriers') in the U.S.
Others should watch out as T-Mobile's 4G network expands; at $70 per month for unlimited data, pricing significantly undercuts the likes of Verizon, AT&T, and Sprint (NYSE: S).
All U.S. carriers are higher on the session.
In addition to debuting its 4G LTE network in seven markets, T-Mobile also announced plans to carry Apple's iPhone. Other devices that will run on T-Mobile's 4G network include the Samsung Galaxy S IV, BlackBerry (Nasdaq: BBRY) Z10, HTC One, T-Mobile Sonic 2.0 Mobile HotSpot LTE, and Samsung Galaxy Note II.
Following the failing of a deal between AT&T and T-Mobile in 2011, the two have been at ends. T-Mobile has made some solid moves since then, acquiring gobs of spectrum and streamlining its LTE roll-out plan. The company plans to have 200 million U.S. consumers covered by the end of 2013.
Deutsche Telekom is also close to sealing a deal which would merge MetroPCS (NYSE: PCS) into T-Mobile USA, creating one of the top wireless carriers (er, 'un-carriers') in the U.S.
Others should watch out as T-Mobile's 4G network expands; at $70 per month for unlimited data, pricing significantly undercuts the likes of Verizon, AT&T, and Sprint (NYSE: S).
All U.S. carriers are higher on the session.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Apple (AAPL) sets John Ternus' salary at $3M
- This biotech stock still Wolfe's top pick as multiple catalysts loomh
- Apple (AAPL) call put ratio 2.2 calls 1 put into hosting a special event
Create E-mail Alert Related Categories
Insiders' BlogSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
