A recent rumor claims that Sprint Corp (NYSE:S) and T-Mobile Us Inc (NASDAQ:TMUS) may announce a merger deal in the near future.
According to this rumor, Deutsche Telekom and SoftBank are hammering out details of a possible deal to merge the two wireless companies. Deutsche Telekom is the majority owner of T-Mobile Us Inc and SoftBank....More>>>
Following the market opening Friday, the Dow traded down 0.17 percent to 24,281.00 while the NASDAQ climbed 0.28 percent to 7,138.68. The S&P also rose, gaining 0.08 percent to 2,669.07.
Leading and Lagging Sectors
Friday morning, the telecommunication services shares gained 1.59 percent. Meanwhile, top gainers in the sector included Sprint Corporation (NYSE: S), up 8 percent,....More>>>
The fourth largestUS wireless carrier Sprint Corporation (NYSE: S) reportedQ1 2017 earnings before the market opened this morning with shares surging on hints about moremerger deals in the works. Net operating revenueswere $8.157 billion versus $8.012 billion forthe fourth consecutive quarter of year-over-year growth and there were88,000 postpaid phone net additions for the eighth consecutive....More>>>
Sprints (NYSE:S) exclusive talks with Comcast (NASDAQ:CMCSA) and Charter (NASDAQ:CHTR) have again brought a lot of speculation to the industry. The merger with T-Mobile (NASDAQ:TMUS) was a good combination but it has been put on hold until Sprint concludes its negotiations with the two cable companies. It is unclear why Sprint has decided to take this path. I understand the appeal for the....More>>>
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In a hot broad market at all-time highs, there simply aren’t a lot of bargains to be had. But every now and then, the market overcorrects and hands investors a buying opportunity.
Source: Marc Falardeau via Flickr
There are a number of reasons this can happen — from unexpected news to downgrades to broader world news that investors fear will have an adverse....More>>>
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It did not take long, but all the major players in the telecom industry have been whipped into a frenzy following a cascade of new unlimited data deals. Although there is a big fight in the space to grab as many customers as possible, the question remains which company is actually offering the best plan.
24/7 Wall St. took a peek at plans from Verizon Communications Inc. (NYSE: VZ),....More>>>