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SpaceX just put every US carrier on notice
TheStreet40d agoneutral
SpaceX just put every US carrier on notice

Every industry runs on a comfortable order, right up until someone from outside decides the rules do not apply to them. In US wireless, that order has held for a long time. Three companies, Verizon (VZ), AT&T (T) and T-Mobile (TMUS), control almost every phone in your pocket. They build the ...

Reuters41d agoneutral
Verizon bids $3.2 billion to win US spectrum licenses

Verizon ‌Communications successfully ‌bid nearly $3.2 billion ​for wireless licenses in a Federal ‌Communications ⁠Commission auction for mid-band ⁠spectrum, the agency said ​Friday. AT&T, ​T-Mobile ​and Space ‌X also won spectrum licenses in the auction that ‌raised ​about $3.5 ​billion. T-Mobile successfully ‌bid $278 million, ​T-Mobile $121 ​million and Space X $8.5 ​million, ‌the FCC ​said.

SpaceX reportedly plans Starlink mobile service for US consumers
Proactive41d agoneutral
SpaceX reportedly plans Starlink mobile service for US consumers

SpaceX Corp (NASDAQ:SPCX) is considering launching a Starlink-branded mobile phone service in the United States, according to a Financial Times report published on Friday, potentially expanding the company's role in the telecommunications market. The report cited comments from SpaceX...

Musk's SpaceX targets US consumers with Starlink mobile service push, FT reports
Reuters41d agoneutral
Musk's SpaceX targets US consumers with Starlink mobile service push, FT reports

Elon Musk's SpaceX has ‌told investors ‌that it plans to ​launch a Starlink mobile service for U.S. consumers, the Financial ‌Times ⁠reported on Friday, citing people familiar ⁠with the matter. SpaceX was considering ​launching a ​Starlink ​retail product ‌and could build its own terrestrial U.S. mobile network, President Gwynne Shotwell told ‌investors during ​a recent ​IPO ​roadshow, according ‌to the FT ​report. Reuters ​could not immediately verify the report.

UBS Expects T-Mobile (TMUS) To Lead The Sector With 700,000 Postpaid Phone Additions In Q2
Insider Monkey42d agoneutral
UBS Expects T-Mobile (TMUS) To Lead The Sector With 700,000 Postpaid Phone Additions In Q2

With 85 hedge funds holding bullish positions and analysts seeing 44.40% upside potential, T-Mobile US, Inc. (NASDAQ:TMUS) ranks among the top stocks to buy for financial stability. Investor focus on T-Mobile US, Inc. (NASDAQ:TMUS) has increasingly centered on the balance between steady subscriber growth and rising regulatory and competitive scrutiny, as market conditions in the […]

T-Mobile US (TMUS) to Employ Nearly 1,000 People by 2027, Reuters Reports
Insider Monkey43d agoneutral
T-Mobile US (TMUS) to Employ Nearly 1,000 People by 2027, Reuters Reports

T-Mobile US, Inc. (NASDAQ:TMUS) is one of the top high-conviction stocks to buy according to hedge funds. Reuters reported on June 4 that, according to a statement from an Indian state ​government, T-Mobile US, Inc. (NASDAQ:TMUS) has plans to employ nearly 1,000 people by 2027 following the recent opening of its global capability center (GCC) […]

Retail Investors Say Ignore SpaceX Hype and Buy This Space Stock With 10X Potential
Insider Monkey44d agobullish
Retail Investors Say Ignore SpaceX Hype and Buy This Space Stock With 10X Potential

We just covered the 10 Stocks That Will 10X According to Social Media. AST SpaceMobile (NASDAQ:ASTS) ranks #4 (see 5 Stocks That Will 10X According to Social Media). Number of Hedge Fund Investors: 39 AST SpaceMobile (NASDAQ:ASTS) is building the first space-based cellular broadband network designed to work with ordinary, unmodified smartphones. Social media is […]

Verizon drops 2 new plans as wireless customers flee high prices
TheStreet44d agobearish
Verizon drops 2 new plans as wireless customers flee high prices

After losing about 2.25 million customers in its wireless business over the past three years, mainly due to price increases, Verizon is following in the footsteps of its top rivals by introducing two new plans focused on simplicity and affordability to improve retention. In recent months, phone ...

T-Mobile US (TMUS) Faces Deutsche Telekom Merger Push And Minority Shareholder Questions
Simply Wall St.46d agoneutral
T-Mobile US (TMUS) Faces Deutsche Telekom Merger Push And Minority Shareholder Questions

Deutsche Telekom is reported to be pushing for a merger involving T-Mobile US, NasdaqGS:TMUS. The proposed deal would require agreement from minority shareholders who are assessing the impact on their exposure to lower margin international operations. Discussions highlight questions about future ownership structure and how much risk investors might carry outside the core US business. T-Mobile US, NasdaqGS:TMUS, is entering this potential merger discussion with a share price of $181.67 and a...

Deutsche Telekom (TMUS) CEO Reportedly Pushes for T-Mobile Merger
Insider Monkey47d agoneutral
Deutsche Telekom (TMUS) CEO Reportedly Pushes for T-Mobile Merger

T-Mobile US, Inc. (NASDAQ:TMUS) is one of the best falling stocks to invest in, according to analysts. On June 16, T-Mobile US, Inc. (NASDAQ:TMUS) reaffirmed its commitment to shareholder value, with the board approving a quarterly dividend of $1.02 per share. The dividend offering translates to an annualized dividend of $4.08 and a dividend yield […]

Verizon Launching New Loyalty Program and Eliminating Upgrade Fees, Reuters Reports
Insider Monkey50d agobullish
Verizon Launching New Loyalty Program and Eliminating Upgrade Fees, Reuters Reports

With an annual dividend yield of 6.06%, Verizon Communications Inc. (NYSE:VZ) is included among the 12 Stocks with Highest Dividend to Invest In Now. On June 16, Reuters reported that Verizon Communications Inc. (NYSE:VZ) is rolling out a series of customer-focused changes. It includes simpler plans, the removal of activation and upgrade fees, and a […]

Bloomberg50d agoneutral
The Trump Phone Is More Novelty Than Serious Smartphone Contender

(Bloomberg) -- The Trump phone is finally here — sort of — and it bears little resemblance to the original pitch.Most Read from BloombergRead the 14-Point Draft Memorandum Between the US and IranIran’s Deputy Foreign Minister Confirms Deal Reached With USModi Warns of ‘Shortage of Trust’ Ahead of Trump MeetingNetanyahu Pays a Political Price for Trump’s Iran DealUS Set to Offer Iran Broad Financial Gains in Peace DealFirst introduced a year ago at Trump Tower by President Donald Trump’s eldest s

Rosenblatt Lowers PT on Comcast (CMCSA) Stock
Insider Monkey51d agoneutral
Rosenblatt Lowers PT on Comcast (CMCSA) Stock

Comcast Corporation (NASDAQ:CMCSA) is one of the Most Undervalued Long Term Stocks to Buy Right Now. On June 5, Rosenblatt reduced its price objective on the company’s stock to $24 from $30 and maintained a “Neutral” rating. The firm noted the decline in the company’s stock price on a YTD basis, which the analyst believes was […]

Reuters51d agobearish
Verizon targets wireless customers with new simpler plans, drops some fees

Verizon is aiming to attract customers by offering simpler plans, dropping activation and upgrade fees and unveiling a ‌new loyalty program offering discounts and perks. The U.S. company is aggressively ‌competing with AT&T and T-Mobile in the saturated U.S. telecoms market, where network providers have extended device ​subsidies, added plan discounts and increased network infrastructure spending. Verizon said its new program will offer customers 3% back on bills from July that can be used toward new phones or at consumer brands like Sephora, Hilton, Marriott and Starbucks.

T-Mobile warns customers that a key service will double in price
TheStreet51d agoneutral
T-Mobile warns customers that a key service will double in price

T-Mobile has been rolling out price increases over the past few months and will soon make another despite elevated customer losses. In January, the carrier raised its Regulatory Programs & Telco Recovery fee, which customers pay on their monthly bills. It also started charging $3 a month for ...

T-Mobile Bets On AI And Global Talent As Valuation Discount Persists
Simply Wall St.51d agoneutral
T-Mobile Bets On AI And Global Talent As Valuation Discount Persists

T-Mobile US (NasdaqGS:TMUS) has introduced Dynamic CX, an AI-powered network optimization feature designed to manage real-time traffic during large international events. The company is preparing its network ahead of a major global soccer tournament hosted across multiple US cities. T-Mobile has also opened its first global capabilities center outside the US, located in Hyderabad, India. T-Mobile US, a major US wireless carrier, is leaning further into AI tools and international operations...