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Verizon CEO Says No Need to Buy Content Providers Like Netflix
Tuesday, March 22, 2011 - 9:31am | 34Verizon (NYSE: VZ) CEO says the company has no need to buy content providers like Netflix (NASDAQ: NFLX).
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AT&T Network to Support Acer's Android-powered 4G Tablet
Tuesday, March 22, 2011 - 8:31am | 71AT&T (NYSE: T) today announced plans to support Acer's first 4G tablet, the Acer Iconia Tab A501, on the nation's fastest mobile broadband network beginning this summer. The 10 inch Acer Iconia Tab A501 will feature the Android 3.0 operating system with Android Marketplace, and an NVIDIA...
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Gabelli Comments On AT&T's Acquisition Of T-Mobile
Tuesday, March 22, 2011 - 8:10am | 126In a report published by Gabelli, AT&T's (NYSE: T) acquisition of T-Mobile USA makes a lot of strategic and financial sense. Gabelli said that it should enhance its spectrum and network position, improve business mix, generate significant synergies, and could lead to more rational pricing...
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Mike Khouw's Sprint Nextel Corporation (S) Trade
Tuesday, March 22, 2011 - 7:21am | 148On CNBC's Options Action, Mike Khouw suggested an options strategy in Sprint Nextel Corporation (NYSE: S). This stock closed sharply lower on Monday, on the news that AT&T Inc. (NYSE: T) is buying T-Mobile USA. Mike Khouw said that he noticed some activity in April and May call options. The...
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Benchmark Capital Comments On AT&T, T-Mobile Acquisition
Tuesday, March 22, 2011 - 7:02am | 259AT&T (NYSE: T) and T-Mobile run the same network technology so network consolidation is feasible. AT&T may remove cell sites on towers where both AT&T and T-Mobile have equipment. The percentage of rental revenue at risk due to possible site decommissioning for American Tower (NYSE: AMT...
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Deutsche Bank Predicts Revenue Impact Of AT&T/T-Mobile Merger (T, CCI, AMT, SBAC)
Tuesday, March 22, 2011 - 6:50am | 137Deutsche Bank Predicts Revenue Impact Of AT&T/T-Mobile Merger (T, CCI, AMT, SBAC) Deutsche Bank has predicted the revenue impact on public tower companies by the AT&T (NYSE: T) acquisition of T-Mobile. According to Deutsche Bank, "Yesterday, all 3 public tower companies issued statements...
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Morgan Stanley Equal-weight On Cincinnati Bell (CBB)
Tuesday, March 22, 2011 - 6:38am | 146Morgan Stanley Equal-weight On Cincinnati Bell (CBB) Morgan Stanley has an Equal weight rating on shares of Cincinnati Bell Inc. (NYSE: CBB). In a note to investors, Morgan Stanley writes, "CBB's ambitious goal to become the preferred global colocation provider for the Fortune 1000 will require...
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Goldman Sachs Takeaways From AT&T/T-Mobile Deal (T)
Tuesday, March 22, 2011 - 6:26am | 135Goldman Sachs Takeaways From AT&T/T-Mobile Deal (T) Investor feedback on AT&T's (NYSE: T) planned acquisition of T-Mobile has generally been fairly consistent, “including the belief that this deal is logical and plays into AT&T's strong acquisition track record,” Goldman Sachs reports...
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Fitch Places AT&T, Inc. on Watch Negative on Proposed T-Mobile USA Acquisition
Monday, March 21, 2011 - 3:55pm | 56Fitch Ratings has placed the following AT&T, Inc. (NYSE: T) ratings on Rating Watch Negative: --Long-Term Issuer Default Rating (IDR) 'A'; --Senior unsecured debt 'A'; --$5 billion four-year revolving credit facility 'A'; --$3 billion 364-day revolving credit facility 'A'; --Short-...
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Cellular Catastrophe: AT&T And T-Mobile (T)
Monday, March 21, 2011 - 3:43pm | 1055It's Merger Monday again. If all goes as planned, tomorrow could be Terrible Tuesday, followed by Wacky Wednesday and Tenacious Thursday. Now that AT&T (NYSE: T) has announced its plans for world domination, consumers are left to wonder about the future of cellular phones. Despite the advent...
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Merger Announced 03-21-2011
Monday, March 21, 2011 - 3:02pm | 882Cusick's Corner Earlier this morning optionsXpress and The Charles Schwab Corporation announced that they agreed to merge. I am excited about the new offerings and opportunities that may come from this merger. With that said, M&A is on the rise (see Bullish Flow) and blue chips are under...
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Zings Of The Day (T, BA)
Monday, March 21, 2011 - 2:58pm | 134AT&T Inc. (NYSE: T) announced yesterday it was buying T-Mobile USA from Deutsche Telekom AG for $39 billion in cash and stock, to create the country's biggest wireless carrier. The company's had a conference call this morning to discuss the merger, but the call was dropped. Boeing Co.'s (...
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American Tower Corporation Releases Information Regarding Contemplated Acquisition of T-Mobile by AT&T
Monday, March 21, 2011 - 2:35pm | 150American Tower Corporation (NYSE: AMT) today released information about its business in light of AT&T's (NYSE: T) contemplated acquisition of T-Mobile USA, which is subject to regulatory approval. For the year ended December 31, 2010, AT&T and T-Mobile accounted for approximately 20% and 8...
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Cramer: AT&T/T-Mobile Merger Is "Brilliant" (T)
Monday, March 21, 2011 - 1:41pm | 110This afternoon on CNBC, Jim Cramer shared his views on the merger between AT&T (NYSE: T) and T-Mobile. “This is just brilliant,” he said. “It is brilliant!” Cramer believes that by joining forces with T-Mobile, AT&T will be able to solve its quality issues. “It takes a lot of money to...
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Dow Jones Rises Above 12000
Monday, March 21, 2011 - 11:22am | 97The Dow Jones Industrial Average rose above the 12000 level today, a level not reached since March 14. Thus far, the Dow has risen almost 200 points, or 1.7%. The merger of AT&T (NYSE: T) and T-Mobile USA attributed to the Dow's climb, as well as helping to push up shares of Verizon...