Dish Network Stock Falls, Pay TV Firm Raises More Debt Amid Auction The Federal Communications Commission's auction of radio spectrum owned by local TV firms could drag on into Q4. AT&T (T), Verizon Communications (VZ), T-Mobile US (TMUS) and Comcast (CMCSA) have been expected to be the leading bidders. Federal regulators have banned strategic talks among listed bidders until the auction is over. http://www.investors.com/news/techn...ls-pay-tv-firm-raises-more-debt-amid-auction/
AT&T and HealthTrust Sign Agreement Making DIRECTV Service Available to Over 24,000 HealthTrust Member Facilities http://finance.yahoo.com/news/t-healthtrust-sign-agreement-making-133000960.html
T getting hit hard on Strike issues as the Telecoms and Markets are melting down. With that I got a partial fill on the NOV 18, 2016 $46.00 Calls for 11 cents. I tried to get it for .10 all morning but no dice. In addition I have another bid in for lower price. Currently .10 by .14
This may added to the drop but I think the sector itself and Strike talks are bigger factors AT&T (T) Stock Down, Changing Mobile Plans with Higher Prices, More Data https://www.thestreet.com/story/136...-prices-more-data.html?puc=yahoo&cm_ven=YAHOO
AT&T to Stop Charging Customers for Exceeding Data Limit AT&T Inc. T, one of the big players in the U.S.wireless carrier market, has announced discarding its policy of charging fees to customers exceeding data caps. The carrier will instead lower the connection speed – something which has been done by its rivals for a while now. New Plans Additionally, AT&T has been reshuffling its data packs in order to entice customers who have high data requirements. While raising data prices per gigabyte in the smaller packs viz 1GB/2GB data packs, the carrier is lowering the price of it’s large data packages like 30GB. This should be favorable for those who utilize data for watching online videos. Industry Trend AT&T and Verizon Communications Inc. VZ communications has been under pressure from its smaller telecom rivals like T-Mobile US Inc. TMUS and Sprint Corp. S for both customer retention and addition. The aggressive stance of the latter two has compelled the former two companies to launch accommodative plans lately. Notably, the competition in this space is intensifying, with T-Mobile registering high subscriber growth in the recent quarters. Furthermore, with the launch of new smartphones lined up, notably the iPhone 7 from Apple Inc. AAPL, aggressive promotional activities are anticipated by these carriers to draw customers. The Bottom Line High market saturation and ever shrinking margins owing to escalating cost of promotional activities have been affecting the wireless carriers for some time now. Notably, industry players like AT&T and T-Mobile US are trying to diversify their operations geographically outside the boundaries of US, while trying to penetrate the rural parts of the country simultaneously. Conversely, due to high investments required for the implementation of the plan, as well as spending on promotional activities, we except high level of cash burn for sometime. http://finance.yahoo.com/news/t-stop-charging-customers-exceeding-212009027.html
What a great move. Their older policy was so archaic. As an AT&T customer I'm quite pleased with this change
I had averaged down to $0.6 last week. Just got off the meeting and wishing that I did not miss the $0.03.
Friday the bid was at .02 early and had to run and a little later on my cell I changed my bid to .03 but it was too late by then The trading was less bad for T on Friday and better today. If the markets should turn around It might go green
