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Stock Market & Financial Investment News

News Breaks
July 1, 2014
14:10 EDTTMUST-Mobile sued by FTC for alleged bogus billing
The Federal Trade Commission is charging mobile phone service provider T-Mobile USA with making hundreds of millions of dollars by placing charges on mobile phone bills for purported “premium” SMS subscriptions that, in many cases, were bogus charges that were never authorized by its customers. The FTC alleges that T-Mobile received anywhere from 35%-40% of the total amount charged to consumers for subscriptions for content such as flirting tips, horoscope information or celebrity gossip that typically cost $9.99 per month. According to the FTC’s complaint, T-Mobile in some cases continued to bill its customers for these services offered by scammers years after becoming aware of signs that the charges were fraudulent. Reference Link
News For TMUS From The Last 14 Days
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April 27, 2015
15:04 EDTTMUSNotable companies reporting before tomorrow's open
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09:37 EDTTMUST-Mobile remains a top pick but ARPU pressures in Q1, says Morgan Stanley
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08:14 EDTTMUSBofA/Merrill media & telecom analysts hold analyst/industry conference call
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April 24, 2015
09:04 EDTTMUST-Mobile May weekly volatility increases into Q1 and outlook
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April 23, 2015
14:20 EDTTMUSEarnings Watch: Google up close to 8.5% since last earnings report
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April 22, 2015
13:37 EDTTMUSGoogle introduces Project Fi, to partner with Sprint, T-Mobile
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06:11 EDTTMUST-Mobile added to Focus List at Citigroup
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06:01 EDTTMUSGoogle could launch wireless service today, WSJ reports
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April 21, 2015
07:37 EDTTMUST-Mobile June and April volatility at low end of historic range
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07:36 EDTTMUSU.S. mobile cariers could be pressured from new data plans, WSJ says
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April 14, 2015
10:51 EDTTMUSGoogle to sell mobile phone plans directly to customers, The Information reports
Google (GOOG) is looking to sell mobile phone plans directly to customers while managing their calls and mobile data over a cellular network, reports The Information. According to people with knowledge of the plans, the new service is expected to run on Sprint (S) and T-Mobile (TMUS) networks. Google expected to reach deals to buy wholesale across to those carriers' networks. A launch this year seems likely. Reference Link

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