Verizon’s Scale and Valuation: The Latest Numbers
Verizon’s forward EV-to-EBITDA multiple was ~6.7x, which was higher than Sprint’s multiple of ~6.3x.
On February 17, 2017, the majority of analysts recommended a “hold” for Verizon (VZ) stock. These recommendations represented 69.7% of the 33 analysts covering the stock.
AT&T plans to offer a single-line unlimited data plan at $100 per month compared to $80 per month for Verizon and $60 per month for Sprint (S).
Sprint and T-Mobile, which are smaller than Verizon and AT&T, have aggressively promoted unlimited data plans in an effort to steal market share.
Verizon (VZ) is close to a revised deal to buy Yahoo’s core Internet business for about $300 million less than the original price of $4.8 billion.
T-Mobile’s (TMUS) postpaid subscriber growth significantly outpaced that of its peers in the saturated US wireless space.
Verizon’s (VZ) unlimited data plan has a 22 GB soft cap, similar to its competitors’ offerings.
After eliminating unlimited wireless data plans nearly five years ago, Verizon (VZ) reintroduced its Unlimited offering, with four-line pricing largely matching AT&T’s (T) pricing.
If these allegations are confirmed, Fitbit could be slapped with fines and face operational disruption.
AT&T (T) has recently stepped up its lobbying to have its $85.4 billion deal to acquire Time Warner (TWX) cleared.
Sprint said it added 405,000 net postpaid subscribers in 4Q16, exceeding the consensus estimate of 380,000.
Apple’s financial performance in recent quarters has been disheartening, but the December quarter appeared to resurrect hopes.
Although Amazon (AMZN) doesn’t disclose Echo sales, third-party data show the device is outselling rivals in the home automation segment.
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This year promises to bring some big changes to the tech sector. We’ll look at several of these developments in this series.