In an attempt to get back to its smaller rival, AT&T Inc. (NYSE:T) has launched a rollover data plan for nearly 50 million customers of the company. The Mobile Share Value Customers of the company, both new and existing, would be able to enjoy the data rollover services starting January 25. Earlier last month, its…
T-Mobile US Inc (TMUS) Unleashes Its “Data Stash” Plan Against Verizon Communications Inc. (VZ) And AT&T Inc. (T)
T-Mobile US Inc (NYSE:TMUS) is all set with its latest marketing gimmick to challenge rivals Verizon Communications Inc. (NYSE:VZ) And AT&T Inc. (NYSE:T). The company is offering roll over option for its high-speed data plans under which customers would be able to use their remaining data in the upcoming months. The fourth largest U.S. carrier…
Sprint Corporation (S) Introduces Slashing Price Battle Against Its Major Competitors
Sprint Corporation (NYSE:S) is all set to outmatch its competitors by slashing its prices to half and the carrier organized “Cut Your Wireless Bill in Half Event.” Sprint offered to cut bill plan prices to half for customers migrating from other carriers including Verizon Communications Inc. (NYSE:VZ) and AT&T Inc. (NYSE:T). The CEO of Sprint,…
AT&T Inc. (T) To Continue High-Speed Internet Investment
AT&T Inc. (NYSE:T) will be continuing its plan of rolling out high speed internet connection to a targeted number of 2 million homes as per its previous plans, the company said in a clarificatory statement through a letter addressed to the Federal Communications Commission (FCC). AT&T Inc. (NYSE:T) sent the clarification as the FCC have…
AT&T Inc. (T) Moves South, Acquires Asset in Mexico
AT&T Inc. (NYSE:T) is buying Nuevo Grupo Iusacell, Mexico’s third largest provider of wireless communications and cellular services, for $2.5 billion. AT&T’s purchase of the Mexican telecoms company is bringing in about 8.6 million subscribers. The purchase covers a net debt of $800 million, translating to an equity of 1.8 billion. The move by AT&T…
AT&T Inc. (T) And Comcast Corporation (CMCSA) Discard Plans For Paid Internet Prioritization
Two of the major U.S. broadband providers, AT&T Inc. (NYSE:T) And Comcast Corporation (NASDAQ:CMCSA), wrote letter to the U.S. Senate Judiciary Committee Chairman stating that none of them are in favor of paid internet prioritization as it is likely to have an adverse affect over the customers. The U.S. Senator, Patrick Leahy, sent letters to…
AT&T Inc. (T) In Trouble With FTC Concerning Speed Cuts And Data Restrictions In Unlimited Data Plans
AT&T Inc. (NYSE:T) is in news following a lawsuit from the Federal Trade Commission over the data carrier’s practice to cut data speed in their unlimited data plans. The FTC called it deceptive and accused the company of misleading millions of Smartphone users with its data plan. The second largest telecom carrier in U.S. is…
AT&T Inc (T) Revenue Shows Growth But Falls Short Of Expectations
When wireless service provider AT&T Inc (NYSE:T) reported having accrued revenue which in spite of being profitable, was short of the projected figure, the grim outcome of drastic price-cuts took on an aura of reality. Courtesy of the growing competition in the wireless sector, service providers have not had much choice but to engage in…
After DIRECTV (DTV) Acquisition, AT&T Inc. (T) Eyes More Investment Opportunities in Latin America
AT&T Inc. (NYSE:T) is looking for more investment opportunities in the high-growth Latin American region after a potential acquisition agreement with DIRECTV (NASDAQ:DTV). The Latin American market is growing at least 10 times quicker than the U.S markets. The acquisition of DIRECTV (NASDAQ:DTV) is on its verge and is likely to proceed after a green…
Apple Inc. (AAPL), AT&T Inc. (T), Tortoise Energy Infrastructure Corp. (TYG): Top 3 Stock Holdings of LVM Capital Management Ltd
Craig Vendor Molen and Russ Leonard established LVM Capital Management Ltd in 1998 and it became a full-fledged wealth management firm in 2001. The fund has a 13F portfolio value of $304 million, as per its recent SEC 13F filing, with its top 10 holdings forming 38.71% of its overall portfolio. Apple Inc. (NASDAQ:AAPL), Tortoise…