Integrated Telecommunication Services

By 11:15 am, the Dow Jones Industrial Average was up 203.93 points, or 1.72%, to 12,062.45, while the broader Standard & Poor's 500 index had gained 20.80 points, or 1.63%. The NASDAQ composite index rose 55.59 points, or 2.10%. Some of the narrow based indexes that are driving the markets...

Sprint (NYSE: S) is trading significantly lower today. At the time of posting, shares of S were trading at $4.35, down 13.86% from Friday's close. Sprint is trying to find alternative arrangements after AT&T's (NYSE: T) acquisition of T-Mobile USA.

In a report published by Gabelli, AT&T (NYSE: T) agreed to acquire T-Mobile USA (the 4th-largest mobile operator in the U.S., with 33.7 mil. customers) on Sunday from Deutsche Telekom in a cash-and-stock transaction, valued at ~$39 billion (or ~7.1x 2010A EBITDA), consisting of $25 billion in...

AT&T (NYSE: T) and Deutsche Telekom announced that AT&T is buying T-Mobile USA for $39 billion, Benchmark reports. “This is bad news for tower companies as it would likely lead to cell site decommissioning and possibly lower future demand, with three major wireless carriers rather than four...

Verizon Wireless (NYSE: VZ) today announced a strategic alliance and technology partnership with ILS Technology to use its deviceWISE™ M2M smart device application platform as a component of Verizon Wireless' Machine to Machine (M2M) Management Center and other smart service offerings.

Verizon Wireless (NYSE: VZ) and Axeda Corporation today announced an alliance to speed the development and deployment of global machine-to-machine (M2M) solutions.

BGB Securities has chosen three vendors that will benefit from the deal between AT&T (NYSE: T) and T-Mobile. According to the report, "We believe the three vendors most likely to benefit from the proposed AT&T combination with T-Mobile are Convergys (CVG-BUY), Sykes (SYKE-Buy), and to a...

A manic, merger Monday is in effect again. Yesterday we saw the announcement of AT&T (NYSE: T) and T-Mobile merger for $39 billion in cash. This morning we just saw the merger of Charles Schwab (NASDAQ: SCHW) going after OptionsXpress (NASDAQ: OPXS) for 1.02 shares of Schwab. The deal values...

Oppenheimer is out with a report today in which it notes that Amdocs Limited (NYSE: DOX) is in a position to benefit from AT&T's (NYSE: T) acquisition of T-Mobile USA. In a note to clients, Oppenheimer writes, "On 3/20, AT&T announced an agreement to acquire T-Mobile USA from Deutsche...

Yesterday we saw the announcement of a merger between AT&T (NYSE: T) and T-Mobile, a subsidiary of Deutsche Telecom. We've already heard of who wins in this deal, but who loses? The tower names are likely to see downside pressure today, and could be a good shorting opportunity. America...

Target Corporation (NYSE: TGT) was upgraded by BMO Capital from "market perform" to "outperform." TGT's shares closed at $49.99 on Friday. Target's PEG ratio is 0.94. QUALCOMM Incorporated (NASDAQ: QCOM) was upgraded by Sterne Agee from "neutral" to "buy.” QCOM's shares closed at $51.71 on Friday...

Oppenheimer is out with its report today on AT&T (NYSE: T), maintaining Outperform after AT&T agreed to buy T-Mobile USA. In a note to clients, Oppenheimer writes, "AT&T and Deutsche Telekom announced that they entered into an agreement for T to buy T-Mobile USA in a cash-and-stock...

Goldman Sachs has issued a report on the acquisition of T-Mobile USA by AT&T (NYSE: T). According to the report, "AT&T announced a proposed agreement with DT to acquire T-Mobile USA in a deal valued at approximately $39 bn ($25 bn cash, $14 bn stock). As part of the proposed deal, DT...

Morgan Stanley has issued a report on the merger of AT&T (NYSE: T) and T-Mobile USA. According to the report, "AT&T announced yesterday that it will acquire T-Mobile USA, the fourth largest wireless provider in the US, from Deutsche Telekom (covered by Fred Boulan), for $39B, including $...

Piper Jaffray has an Overweight rating and a $34 price target on shares of AT&T (NYSE: T). In a note to investors, Piper Jaffray writes, "AT&T announced that it will acquire T-Mobile USA for $39 billion. We think this could be a highly beneficial transaction for AT&T, with high cost...