All Posts Tagged With: "LEAP"
(PCS) LTE Shaping Future for Telecom
In a technology driven world, it has become a prerequisite for the telecom companies to upgrade its mobile technology with the high-speed networks. Currently, the Telecom industry is focusing on the next-generation technology (i.e. fourth generation [4G]), which is based on Long...
13Jan2012 | vitalstocks | 0 comments | Continued(AAPL) U.S. Telecom: Looking Ahead at 2012
The telecommunications industry is growing consistently despite a volatile U.S. economy. This industry is identified as a major driver of economic recovery. Telecommunications is one of the few industries to have seen rapid technological improvement even during the last recession. Given...
3Jan2012 | vitalstocks | 0 comments | Continued(VZ) U.S. Wireless Telecom Providers Deliver Consistant Growth Story
Despite the sluggish economy and stiff competition, U.S. telecom service providers are delivering consistent growth. These companies are innovating products and services as well as enhancing the existing ones to grow market share. Telecom operators provide Voice Telephony, Data,...
30Dec2011 | vitalstocks | 0 comments | Continued(VZ) Verizon Communications and Leap Wireless Swap Spectrum
The largest U.S. mobile service provider Verizon Communications (VZ) has entered into a deal to swap its wireless airwaves with the low-cost wireless service provider Leap Wireless (LEAP). Verizon is moving quickly to acquire more spectrum licenses to support its video content...
7Dec2011 | vitalstocks | 0 comments | Continued(T) The Going May Get Tough in Wireless
We believe that the wireless majors, AT&T (T) and Verizon Communications (VZ) may be lulled by the proverbial calm before the possible storm. While these giants remain eminently solid, yet their outlook is opaque. Also, issues such as huge capital costs, uncertain returns...
5Dec2011 | vitalstocks | 0 comments | Continued(T) AT&T and T-Mobile Merger Gets Second Blow
AT&T Inc.‘s (T) proposed $39 billion purchase of Deutsche Telekom’s unit, T-Mobile USA, is facing another setback following opposition from the Federal Communications Commission (FCC). Earlier in August, the Department of Justice blocked the proposed merger and filed...
28Nov2011 | vitalstocks | 0 comments | Continued(T) AT&T Shedding Assets for T-Mobile
According to a Bloomberg report, AT&T Inc. (T) is seeking to sell some assets or spectrum to rival companies in order to salvage its ambitious $39 billion purchase of Deutsche Telekom’s unit, T-Mobile USA. Earlier in March, AT&T was keen to bring T-Mobile under its...
6Oct2011 | vitalstocks | 0 comments | Continued(AAPL) Company News for September 29, 2011 – Corporate Summary
• McCormick & Co. (NYSE:MKC) posted Q3 EPS of $0.69, ex-items, higher than the Zacks Consensus Estimate of $0.64 per share. Revenues for the quarter rose 16% year-over-year to $920.4 million, exceeding the Zacks Consensus Estimate of $870 million• Amazon.com...
29Sep2011 | vitalstocks | 0 comments | Continued(VZ) Verizon Communications Launches Unlimited Prepaid
Verizon Communications (VZ) recently unveiled its first unlimited prepaid plan for $50.00 a month. The plan would include unlimited voice, text and internet services. Prepaid wireless services remain an emerging business for U.S. telecom carriers, accounting for approximately...
17Sep2011 | vitalstocks | 0 comments | Continued(T) AT&T and T-Mobile Merger Blocked by Department of Justice
The Department of Justice (DoJ) has filed a antitrust lawsuit to block AT&T Inc.‘s (T) ambitious $39 billion purchase of Deutsche Telekom’s unit, T-Mobile USA, announced in March. The proposed AT&T and T-Mobile merger is the largest in the wireless industry since...
2Sep2011 | vitalstocks | 0 comments | Continued(ADP) Stock Market News for September 1, 2011 – Market News
Economic reports helped markets register modest gains on Wednesday, which was also the last day of one of the wildest months the benchmarks have experienced in their history. However, the Dow and S&P 500 recorded their steepest monthly fall since May 2010, even as indices...
1Sep2011 | vitalstocks | 0 comments | Continued(T) AT&T-Qualcomm Deal Hits Hurdle
AT&T Inc.’s (T) $1.93 billion pending acquisition of spectrum licenses from Qualcomm Inc. (QCOM) is facing regulatory hurdles. According to the Federal Communications Commission (FCC), the buyout of Qualcomm’s wireless spectrumin the lower 700 MHz frequency band and the...
22Aug2011 | vitalstocks | 0 comments | Continued(T) AT&T Beats Quarterly Estimates – Subscribers Grow
AT&T Inc. (T) announced second quarter 2011 adjusted earnings per share of 60 cents, a penny ahead of the Zacks Consensus Estimate and flat with year-ago earnings. Healthy mobile broadband growth, strong smartphone sales and sequentially stable wireline revenues led to the...
8Aug2011 | vitalstocks | 0 comments | Continued(CMCSA) Company News for August 4, 2011 – Corporate Summary
• Spectra Energy (NYSE:SE) posted Q2 EPS of $0.42, above the Zacks Consensus Estimate of $0.40 per share. Revenues for the quarter rose 11.8% year-over-year to $1.19 billion, lower than the Zacks Consensus Estimate of $1.204 billion • Comcast (NASDAQ:CMCSA) reported...
4Aug2011 | vitalstocks | 0 comments | Continued(CSCO) Mobile Operators Revise Data Plans
The demand for smartphones is currently on the rise, leading to a growing requirement for wireless data services. Data usage has more than doubled over the last three years. Cisco Systems Inc. (CSCO) estimated that mobile traffic would grow 26 folds and total mobile video traffic...
25Jun2011 | vitalstocks | 0 comments | Continued(T) Will AT&T and T-Mobile Finally Merge?
The ambitious $39 billion proposed mega-merger of AT&T Inc. (T) and T-Mobile USA, a unit of Deutsche Telekom, faces huge opposition. Sprint Nextel Corp. (S), the third-largest U.S. wireless carrier was the first to raise a voice of protest. Now, MetroPCS Communications Inc....
28May2011 | vitalstocks | 0 comments | Continued(LEAP) Leap Wireless International Expands Service in New Markets
Leap Wireless International Inc. (LEAP), a small-sized prepaid wireless services provider in the U.S. operating under the brand name “Cricket”, unveiled its popular Muve Music service plan in new markets across the country. The popular music service will be available in more...
3Apr2011 | vitalstocks | 0 comments | Continued(AMSC) Company News for March 29, 2011 – Corporate Summary
• The U.S. International Trade Commission said on Friday that it will review a patent decision that went against Kodak in January. Reacting to the news, shares of Eastman Kodak Co (NYSE:EK) rocketed 5.3% to $3.72 • Robert W. Baird & Co upgraded wireless carrier Leap...
29Mar2011 | vitalstocks | 0 comments | Continued(APC) Stock Market News for March 22, 2011 – Market News
Markets ended in the green for the third consecutive day as indices moved higher on Monday, bolstered by bullish sentiments over big ticket mergers and acquisitions. Signs of the nuclear crisis in Japan stabilizing added to the cheer and the Dow crossed its psychological mark...
22Mar2011 | vitalstocks | 0 comments | Continued(LEAP) Leap Wireless International Analyst Upgrades Shares to Neutral
We upgrade our recommendation on Leap Wireless International Inc. (LEAP) to Neutral based on its current valuation. The stock price has fallen by more than 38% in the last one year and is trading at the low-end of its 52-week price range. We believe this low level of market valuation...
5Mar2011 | vitalstocks | 0 comments | Continued(LEAP) Leap Wireless International’s Fourth Quarter Loss Widens
Yesterday, after market close, Leap Wireless International Inc. (LEAP) declared severe net losses its financial results for the fourth quarter of 2010. Service revenue increased significantly due to the introduction of the new smartphones based on Google Inc.’s (GOOG) Android...
23Feb2011 | vitalstocks | 0 comments | Continued(LEAP) Leap Wireless Analyst Downgrades Shares to Underperform
We downgrade our recommendation on Leap Wireless International Inc. (LEAP) to Underperform. In the last three consecutive quarters, the company suffered a net subscriber loss contrary to the consensus opinion of a net subscriber addition. Important operating metrics such as ARPU,...
8Feb2011 | vitalstocks | 0 comments | Continued(LEAP) Leap Wireless Strategy Adds Customers in Fourth Quarter 2010
After a gap of two consecutive quarters, Leap Wireless International Inc. (LEAP), a small-sized prepaid wireless services provider in the U.S. operating under the brand name “Cricket,” has generated net customer additions in the fourth quarter of 2010. This turnaround was...
13Jan2011 | vitalstocks | 0 comments | Continued(LEAP) Leap Wireless International Offers Unlimited Music Download
Leap Wireless International Inc. (LEAP), a small-sized prepaid wireless services provider in the U.S. operating under the brand name “Cricket,” has decided to offer unlimited music download facilities to its 3G subscribers. The new digital music service will be called “Muve...
21Dec2010 | vitalstocks | 0 comments | Continued(USM) U.S. Cellular Analyst Upgrades Shares to Neutral
We are upgrading our recommendation on U.S. Cellular (USM) to Neutral from Underperform. Although the largest wireless Chicago-based carrier missed the Zacks Consensus Estimate in the recently concluded third quarter, the increased penetration of smartphones led to earnings growth...
14Dec2010 | vitalstocks | 0 comments | Continued(PCS) MetroPCS Communications Launches First LTE City in U.S.
MetroPCS Communications Inc. (PCS), the sixth-largest prepaid wireless service operator in the U.S., launched its first 4G Long-Term Evolution (LTE) wireless broadband service and dual-mode smartphone (designed to run on LTE and CDMA networks) in Las Vegas. MetroPCS is the first...
2Oct2010 | vitalstocks | 0 comments | Continued(PCS) MetroPCS Communications Launches Second LTE Service in U.S.
MetroPCS Communications Inc. (PCS), the sixth-largest prepaid wireless service operator in the U.S. , launched its second 4G Long-Term Evolution (LTE) wireless broadband service in Dallas/Fort Worth Metroplex. This release follows the simultaneous launch of the first LTE service...
2Oct2010 | vitalstocks | 0 comments | Continued(USM) U.S. Cellular Analyst Downgrades Stock
We are downgrading our recommendation to Underperform from Neutral for U.S. Cellular (USM), the sixth-largest wireless Chicago-based carrier, due to disappointing second quarter 2010 results and outlook. The stock currently has a Zacks #5 (‘Strong Sell’) Rank. The...
17Aug2010 | vitalstocks | 0 comments | Continued(PCS) MetroPCS Communications Earnings Scorecard
First Quarter Flashback Leading unlimited wireless carrier MetroPCS Communications (PCS) reported first-quarter 2010 earnings per share of 6 cents matching the Zacks Consensus Estimate. However, net income plunged 48% year-over-year to $22.7 million on account of a 30% year-over-year...
24May2010 | vitalstocks | 0 comments | Continued(LEAP) Leap Wireless Posts Wider Quarterly Loss
Leap Wireless (LEAP), which operates under the “Cricket” brand, reported a first-quarter 2010 net loss per share of 90 cents, wider than the Zacks Consensus Estimate for a loss of 66 cents. The net loss increased 35% year-over-year to $68 million on account of higher...
9May2010 | vitalstocks | 0 comments | Continued