|Bid||31.790 x 21500|
|Ask||31.800 x 4000|
|Day's range||31.710 - 31.950|
|52-week range||31.170 - 39.800|
|PE ratio (TTM)||6.41|
|Earnings date||24 Jul 2018|
|Forward dividend & yield||2.00 (6.13%)|
|1y target est||36.91|
The US government has recently decided to appeal AT&T’s (T) takeover of Time Warner, which closed last month after a federal court approved the merger following a six-week trial. The appeal by the Justice Department (or DoJ) has thus cast more doubt on the chances of Comcast (CMCSA) winning Twenty-First Century Fox (FOXA) assets.
Sony (SNE) has joined other streaming video providers in raising its service price. Sony’s PlayStation Vue’s price is rising $5.0 per month, meaning that the cheapest plan will now cost $44.99 per month compared to $39.99 previously. The most expensive Vue plan will cost $79.99 per month.
Accenture’s (ACN) Communications, Media & Technology operating segment, which contributes ~21% of its total revenue, remains a driving force for the company. In the last five quarters, the Communications, Media & Technology segment has grown at a compound annual growth rate of 5%.
In the previous article, we learned about the expectations for AT&T’s (T) postpaid phone customer net additions in the second quarter. Wall Street analysts expect 250,000 prepaid customer net additions from AT&T in the second quarter given the increasingly intense competition in the prepaid space. In the first quarter, AT&T gained a total of 241,000 net prepaid customers, with strength coming from its Cricket and AT&T Prepaid brands.
Ericsson's (ERIC) revenues fall in second-quarter 2018 primarily due to decline in legacy product sales and lower telecom core sales in North East Asia.
In the previous article, we discussed AT&T’s (T) expected combined domestic wireless operations service revenue growth in the second quarter. In this article, we’ll look at the kind of postpaid phone subscriber net additions we can expect from AT&T in the second quarter. Wall Street analysts expect 300,000 postpaid customer net additions from AT&T in the second quarter, including 150,000 postpaid phone customer net additions due to promotional activities and bundling.
In the previous article, we learned how much total revenue growth we can expect from AT&T (T) in the second quarter. Now let’s take a look at the company’s expected combined domestic wireless operations EBITDA growth in the second quarter. Wall Street analysts expect the EBITDA of AT&T’s combined domestic wireless operations—also known as AT&T Mobility—to increase ~3.2% YoY (year-over-year) to reach ~$7.6 billion in the second quarter.
In the previous article, we learned about analysts’ expectations for AT&T’s (T) second-quarter earnings. Now let’s take a look at the telecommunications company’s expected total revenue growth.
Netflix says it has room to grow in terms of engagement, which it calculates as median view time. Average view time stats show Netflix still is a small portion of overall video watching time, with Nielsen reporting it only makes up 8 percent. However with more competitive services are entering the field, it may make it hard for Netflix to grow that metric.
An increasing number of companies are planning to launch their streaming service and are fast trying to invade Netflix's space.
America’s second-biggest carrier, AT&T (T), has been on an acquisition spree lately. After its recent acquisition of media giant Time Warner for $85 billion, it acquired ad-tech company AppNexus for $2 billion.
Last month, the board of Twenty-First Century Fox (FOXA) decided to go ahead with the Walt Disney Company’s (DIS) deal to sell most of its media and entertainment assets for $71.3 billion. The move has put rival bidder Comcast (CMCSA) under pressure to either hike its bid or move away from the deal. Disney initially made an all-stock bid of $52.4 billion in December 2017 and then raised its offer to $71.3 billion in cash and stock on June 20.
The 21st Century Fox Inc. chairman stands to be a big winner after rival Sinclair Broadcast Group Inc.’s plan to buy Tribune Media Co. was thrown into jeopardy on Monday. Ajit Pai, the chairman of the Federal Communications Commission, questioned the legality of the deal and proposed a hearing that could kill it. The sudden setback for Sinclair is the latest evidence of Murdoch enjoying a hot streak in the nation’s capital.
Netflix missed its subscriber addition projections for the first time in five quarters, leading shares to tumble. The company added about 1 million fewer subscribers than it estimated.
During its next earnings report, Netflix is expected to add more subscribers internationally and domestically than its guidance. However some analysts are worried increased competition, "underwhelming" content and the share price's incredible growth may make it hard for Netflix to keep winning.
Now let’s take a look at T-Mobile’s (TMUS) technical indicators and compare them to those of its rivals in the US telecommunications space. On July 11, T-Mobile stock was trading at $60.18, ~0.2% above its 20-day moving average of $60.08, ~3.4% above its 50-day moving average of $58.20, and ~0.1% above its 100-day moving average of $60.15.
On July 11, T-Mobile’s (TMUS) stock price closed at $60.18. The telecommunications company’s stock price has fallen ~1.7% in the trailing year.
Netflix Inc. has broken HBO’s 17-year streak of leading TV networks in Emmy nominations. For the first time in Emmy history, Netflix (NFLX) led all other networks and platforms in award nominations. The streaming giant nabbed 112, compared to HBO’s 108.
The chance of the DOJ winning its appeal may be slim, unless the government can prove one very important point: that U.S. District Court Judge Richard Leon was wrong in his application of the law to AT&T's acquisition of Time Warner.