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Stock Market & Financial Investment News

News Breaks
February 11, 2014
08:49 EDTTMUS, SSprint CEO says will not comment on media speculation about consolidation
Sprint (S) CEO Dan Hesse refuses to comment on speculation about consolidation in the industry, but reiterates his stance that consolidation outside of the "big two" carriers would be "healthy." Hesse says the company "likes" its spectrum position right now, but would consider adding low-band spectrum if the opportunity arises. Hesse says new T-Mobile (TMUS) credit for switching has had "some impact" in market. Hesse says Q4 results show strength in tablets, smartphone, offset a bit by weakness in feature phones.
News For S;TMUS From The Last 14 Days
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January 23, 2015
09:04 EDTTMUS, SSprint guarantees T-Mobile customers $200 minimum trade in value for smartphones
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January 22, 2015
19:40 EDTTMUS, SGoogle's entrance into telecommunications may not be beneficial, Re/code says
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10:10 EDTTMUST-Mobile introduces 'Smartphone Equality' program
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10:07 EDTTMUST-Mobile CEO teases announcement impacting 'huge number' of subscribers
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January 21, 2015
16:28 EDTS, TMUSGoogle to launch phone service with Sprint, T-Mobile, The Information says
Google (GOOG, GOOGL) is expected to reach deals to buy wholesale access to Sprint (S) and T-Mobile’s (TMUS) voice and data networks in order to sell mobile phone plans directly to customers, according to The Information, citing three people with knowledge of the plans. Google, which may put itself into competition with carrier leaders Verizon (VZ) and AT&T (T) with the new service, "seems likely" to launch the offering this year, according to the report. Reference Link
08:48 EDTTMUST-Mobile should be bought ahead of results, says Pacific Crest
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05:56 EDTTMUSVerizon downgraded to Equal Weight from Overweight at Barclays
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January 20, 2015
07:27 EDTTMUST-Mobile identified as top pick heading into Q4 results at Oppenheimer
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06:24 EDTS, TMUST-Mobile warns of unsustainable costs against cellphone giants, Re/code says
T-Mobile (TMUS) owner Deutsche Telekom (DTEGY) claims Verizon (VZ) and AT&T's (T) wealth makes true competition difficult, reports Re/code, citing statements made at Germany's DLD conference. Deutsche Telekom CEO Tim Hoettges stated the dominance of AT&T and Verizon allowed them to make huge bids at the latest midband spectrum auction to further their market lead. Hoettges also stated he was "intrigued" by last year's unsuccessful merger talks with Sprint (S), and warned that T-Mobile's $4B-$5B investment requirements per year are unsustainable. Reference Link
06:17 EDTTMUST-Mobile upgraded to Conviction Buy from Buy at Goldman
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January 18, 2015
13:45 EDTTMUSGoogle in talks to acquire mobile-pay platform Softcard, WSJ says
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January 16, 2015
11:42 EDTSSprint announces expansion of Sprint Lease program
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10:12 EDTSSprint unit Virgin Mobile to offer no contract data sharing plans
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January 15, 2015
15:33 EDTSRadioShack in talks for bankruptcy loan with lenders, Bloomberg says
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09:01 EDTTMUST-Mobile introduces Simply Prepaid monthly plan
T-Mobile has introduced Simply Prepaid. The Un-carrier’s new monthly prepaid plan delivers unlimited data, talk and text with 4G LTE data buckets starting as low as $40 a month − all on T-Mobile’s Data Strong nationwide 4G LTE network. Simply Prepaid is the perfect complement to T-Mobile’s wildly popular Simple Choice plan. Simply Prepaid dealer locations and all other authorized retailers starting January 25.
January 14, 2015
09:04 EDTTMUST-Mobile says Mobile Monney customers to get $20 credit
T-Mobile CEO John Legere announced via Twitter that T-Mobile customers with Mobile Money who set up and receive a direct deposit of their tax refund onto their registered T-Mobile Visa Prepaid Card will get a $20 credit.
January 13, 2015
14:41 EDTTMUST-Mobile management to meet with Evercore ISI
Meeting to be held in New York on January 15 hosted by Evercore ISI.
January 12, 2015
06:06 EDTTMUSSoftcard cuts 60 employees in restructuring, Re/code reports
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