$VZ and $T are bleeding today. 🔴
I'll take advantage of the great news on Bulios and quote flash news:
Verizon, AT&T, Lumen - Most telecom companies are seeing declines since reports surfaced that they were installing potentially dangerous lead-covered cables on poles, in the ground and under water. So they will likely have to take costly steps to settle.
I haven't had a dilemma...
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So I find operators in general pretty "dead"... and Amazon is starting to get into the US operators now and I'd be afraid of that... So for me, Verizon no...
How do you view the stocks of mobile providers? There are a lot of brands in the market, but $TMUS and $VZ have something extra.
T-mobile is up quite a bit right now and is holding its stock valuation with steady results. Margins may not be that great, but the interesting thing is that almost 42% of the company is privately held. Do you have any shares from this sector?
I don't completely 100% like any of the three major telecom companies, but I do have $VZ in my portfolio. I'd like to see some change in leadership here.
I guess I would welcome any change in leadership here. The company needs to wake up a bit in some respects.
I wouldn't really get into telecommunications right now, given the way Amazon is going at it :)
Amazon $AMZN in talks to offer free mobile service to Prime subscribers in the U.S.
This news immediately negatively impacted telecom stocks such as $TMUS, $VZ and $T.
According to YahooFinance, Amazon has been talking to wireless carriers about offering low-cost, or possibly free, nationwide mobile phone service to Prime subscribers. Negotiations have reportedly been ongoing for...
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Great, thanks for the report. The news is great, however I would need some downside to buy the stock :)
This case could be quite costly in terms of repairing the damage. I would stay away and watch the whole thing for now, although some may find the drop interesting.