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FCC Fines T-Mobile $48 Million Over Restrictions Placed On 'Unlimited' Data Plans
Wednesday, October 19, 2016 - 1:58pm | 247Unlimited data plans are all the rage recently, but the term "unlimited" can be quite misleading at times. T-Mobile US Inc (NASDAQ: TMUS) had to learn this the hard way after the FCC Enforcement Bureau handed the company "at least" a $48 million fine after resolving an investigation into the...
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Here's How T-Mobile's 'Emerging Catalysts' Led To An Upgrade At Citigroup
Thursday, February 26, 2015 - 12:07pm | 216In a report published Wednesday, Citigroup analyst Michael Rollins detailed his meeting with T-Mobile US Inc (NYSE: TMUS) management team, including its Chief Financial Officer Braxton Carter and Executive Vice President of Corporate Strategy Peter Ewens. "We believe T-Mobile is retaining favorable...
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Sprint, T-Mobile Merger Faces at Least Four Major Hurdles
Monday, December 16, 2013 - 9:47am | 548On Friday, rumors began circulating that Sprint (NYSE: S) was preparing a bid for small rival T-Mobile (NYSE: TMUS). Even if the rumors are true, it doesn’t appear that Sprint would make an offer until sometime during the first half of 2014. But, a rumor that likely wouldn’t come to fruition...
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Apple's iPhone Exposed to Nearly 10 Million Potential Customers
Wednesday, May 1, 2013 - 4:01pm | 556Apple's (NASDAQ: AAPL) popular trilogy of smartphones -- the iPhone 4, iPhone 4S and iPhone 5 -- is now available to nearly 10 million additional customers. According to AppleInsider, the expansion is due to the merger between T-Mobile (NYSE: TMUS) and MetroPCS (NYSE: PCS). While T-Mobile began to...
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Verizon Rumored Ready to Offer $100 Billion to Vodafone for Verizon Wireless
Thursday, April 25, 2013 - 2:04pm | 549When it looks like someone is about to spend $100 billion on something, heads turn. When the someone is Verizon Communications (NYSE: VZ) and the something is Vodafone (NASDAQ: VOD), heads practically turn full circle, a la Linda Blair in The Exorcist. Hollywood, however, plays no part in a...
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T-Mobile Has the iPhone, Reports Lines Out the Door
Monday, April 15, 2013 - 9:37am | 599Not only does T-Mobile have the Apple (NASDAQ: AAPL) iPhone, they “have it their way.” (Sorry for snatching your slogan, Burger King (NYSE: BKW). The “their way” part has to do with dumping phone subsidies and long-term contracts, all part of T-Mobile’s rebranding efforts as it builds its LTE...
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Verizon Wireless Fined $1.25 Million for Blocking Tethering Apps
Wednesday, August 1, 2012 - 8:52am | 507Verizon Wireless (NYSE: VZ) has been hit with a $1.25 million fine after preventing users from turning their phones into mobile Wi-Fi hotspots. The cellular carrier got into trouble after asking Google (NASDAQ: GOOG) to remove select apps from Google Play, which was known as the Android Market at...
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UPDATE: Deutsche Bank Lowers PT on Metro PCS from $23 to $20
Wednesday, August 3, 2011 - 8:19am | 142Deutsche Bank has published a report on Metro PCS (NYSE: PCS) lowering the price target. In the report, Deutsche Bank wrote, "PCS declined 37% yesterday on weak churn trends and concerns about the value (or lack thereof) of smartphone adoption. We recognize these concerns and have reduced our ests...
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Citadel Initiates Coverage on Leap Wireless and MetroPCS (LEAP, PCS)
Wednesday, May 25, 2011 - 9:10am | 127Citadel is out with its report today on Leap Wireless (NASDAQ: LEAP) and MetroPCS (NYSE: PCS), initiating coverage on LEAP and PCS. In a note to clients, Citadel writes, "The U.S. wireless industry in the midst of a shift in favor of prepaid (nocontract) versus postpaid (contract) tiers. We...
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Deutsche Bank Reiterates Buy Rating On MetroPCS
Wednesday, May 4, 2011 - 9:03am | 123According to Deutsche Bank, MetroPCS (NYSE: PCS) 1Q11 results highlight sustained momentum in all key operating trends. Deutsche Bank said that, “We reiterate BUY on MetroPCS (PCS) and increase our price target to $23 (27% pot'l upside) following strong 1Q11 results that featured beats to all key...
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Deutsche Bank Raises PT On MetroPCS TO $23
Wednesday, May 4, 2011 - 6:43am | 26Deutsche Bank has raised the price target on MetroPCS (NYSE: PCS) from $20 to $23 and maintains its Buy rating.
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J.P. Morgan Comments On PCS' 1Q11 Results
Tuesday, May 3, 2011 - 8:42am | 97In a report on MetroPCS Communications, Inc. (NYSE: PCS), J.P. Morgan reports that Metro's 1Q11 net adds came at 726k “vs our 500k and Street 440k – we were at the high end of estimates. “Upgrade rate looks to be roughly 16% vs our 15% estimate for the quarter (we expect the real number on the...
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Goldman Sachs Raises Estimates On PCS, LEAP
Monday, April 11, 2011 - 8:55am | 189Goldman Sachs, in its 1Q preview of the two companies, has raised its estimates on both MetroPCS (NYSE: PCS) and Leap Wireless (NASDAQ: LEAP). The PT on PCS is now set at $16, up from $14 and Leap is at $15 from the previous $12. Says Goldman Sachs, in the report, “We are raising estimates for...
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Oppenheimer Follows Up On AT&T/T-Mobile Deal, Industry Implications (T)
Friday, April 1, 2011 - 9:12am | 166“More than ten days after the AT&T Inc. (NYSE: T)/T-Mobile deal was announced, we are following up with more thoughts on the transaction,” Oppenheimer started in a recent report. “To gain more insight on the regulatory approval process, we have talked to several regulatory experts and AT&T'...
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Collins Stewart Initiates Coverage On LEAP, PCS
Monday, March 28, 2011 - 7:55am | 36Collins Stewart has initiated coverage on the following companies: LEAP Wireless (NASDAQ: LEAP) Neutral MetroPCS (NYSE: PCS) Buy, $20 price target