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Upcoming Q4 Results Could Trigger a Rally in T-Mobile US (TMUS)
Yahoo Finance· 2026-01-10 12:49
T-Mobile US Inc. (NASDAQ:TMUS) is one of the best communication services stocks according to Hedge Funds. On January 7, Maher Yaghi from Scotiabank reaffirmed his Buy rating for T-Mobile US (NASDAQ:TMUS). Yaghi has revised his target price from $278 to $270.5, which still yields over 37% upside for investors. adult, alone, attractive, boy, call, carefree, casual, caucasian, cell, cellphone, chat, cheerful, cool, enjoy, expression, face, fashion, guy, handsome, happy, hispanic, holding, latin, laughing, l ...
AT&T Stock Is on a Bad Run. Why 2026 Could Be a Good Year.
Barrons· 2026-01-05 14:09
KeyBanc analyst Brandon Nispel expects the wireless carrier to beat rivals Verizon and T-Mobile in the race for convergence. ...
Asia’s IPO boom shows no sign of slowing in 2026
BusinessLine· 2026-01-05 03:20
Core Insights - Asia's equity capital markets are projected to have a strong performance in 2026, continuing the momentum from 2025, which saw significant growth in share sales across the region [1][2] Group 1: Market Performance - In 2025, share listings, placements, and block trades in Asia Pacific raised $262.7 billion, marking the highest total in four years [2] - For the first time, four of the world's five busiest deal venues were located in Asia, driven by a rebound in Hong Kong and record IPOs in India [2] Group 2: Upcoming IPOs - Major IPOs expected in 2026 include Baidu Inc., Zepto Ltd., ChangXin Memory Technologies Inc., and Coca-Cola's India bottling unit [3] - Hong Kong listings of Chinese firms already traded in mainland China are anticipated to continue contributing to the IPO pipeline [3] Group 3: Regional Highlights - Hong Kong listings may raise up to $45 billion in 2026, potentially the largest amount in six years, while Indian IPOs are expected to achieve a third consecutive annual record [4] - Jio Platforms Ltd. is preparing for what could be India's largest-ever IPO, while A.S. Watson Group is considering a listing that could raise over $2 billion [8] Group 4: Notable Companies and Their Plans - Syngenta Group is in preliminary talks for a potential listing in 2026 after previously withdrawing a $9 billion plan [8] - Baidu's AI chip unit has confidentially filed for a Hong Kong IPO, valued at a minimum of $3 billion [8] - Other companies like Luxshare Precision Industry Co. and Muyuan Foods Co. are also pursuing significant IPOs in Hong Kong [8] Group 5: Indian Market Developments - PhonePe Ltd. has filed for an IPO that could raise up to $1.5 billion, valuing the fintech firm at approximately $15 billion [13] - Flipkart is exploring an IPO after moving its holding company to India, while Zepto aims to raise about $500 million through its IPO [13] Group 6: International Listings - SK Hynix Inc. is considering a potential New York listing to align its valuation with global peers [13] - Shein Group Ltd. has confidentially filed for a Hong Kong IPO, pending approval from Beijing [13]
Verizon to cut over 13K jobs as it seeks to cut costs under new CEO
Fox Business· 2025-11-20 14:56
Core Viewpoint - Verizon Communications is implementing a significant job cut of up to 13,000 positions as part of a cost-cutting initiative led by new CEO Dan Schulman to enhance operational efficiency and competitiveness in the market [1][3]. Group 1: Job Cuts and Cost-Cutting Strategy - The job cuts will primarily affect non-unionized positions within the organization, confirming earlier reports of potential cuts of up to 15,000 [1]. - Schulman emphasized the need for the company to evolve to meet customer needs and improve market leadership, stating that the current cost structure limits investment in customer value [2][3]. - The company aims to become "simpler, leaner, and scrappier," with a multi-year commitment to reducing costs while investing in marketing and customer experience [5]. Group 2: Market Position and Competitive Landscape - Schulman, who previously served as CEO of PayPal, is focused on driving profitable expansion in both wireless and broadband sectors amid increasing competition from AT&T and T-Mobile [5][7]. - Analysts noted that Verizon faces significant challenges in increasing its postpaid phone customer base, particularly in 2025, while competitors like AT&T and T-Mobile are better positioned to meet their targets [11][12]. - The competitive landscape is intensifying, with major carriers rolling out aggressive promotions to attract new customers as subscriber growth slows [11]. Group 3: Financial Strategy and Customer Focus - Schulman indicated that Verizon's financial growth has been overly reliant on price increases, which is not sustainable in the long term [7]. - A shift towards a customer-first culture is expected to create a more efficient cost structure that supports investments in enhancing customer experience, without compromising profit margins [9][10]. - The company believes there is significant potential for improved bottom-line performance in the industry [10].
Verizon cutting more than 13,000 jobs as it restructures
Reuters· 2025-11-20 12:48
Core Insights - Verizon is implementing its largest single layoff by cutting more than 13,000 jobs as part of its strategy to reduce costs and restructure operations [1] Company Summary - The job cuts are a significant move for Verizon, indicating a shift in its operational strategy aimed at improving financial performance [1] - This decision reflects broader trends in the telecommunications industry, where companies are increasingly focusing on cost management and efficiency [1]
Verizon to cut up to 15K jobs as it seeks to cut costs under new CEO
Fox Business· 2025-11-13 18:46
Verizon Communications is planning to cut up to 15,000 jobs this month as new Chief Executive Dan Schulman launches an aggressive cost-cutting drive to make the company leaner.  The cuts, expected to begin as soon as next week, will primarily impact non-unionized positions across all segments of the company, a source familiar with the matter told FOX Business. Rich Young, a spokesperson for Verizon, said nothing has been finalized and that the company does not comment on rumors or speculation.  VERIZON NAME ...
AT&T Stock Upgraded. The Case to Buy the Dip After Selloff.
Barrons· 2025-11-12 12:21
Core Viewpoint - Shares in the wireless carrier have decreased by 11% over the past three months, presenting a favorable buying opportunity according to KeyBanc [1] Summary by Category - **Stock Performance** - The wireless carrier's shares have slipped 11% in the last three months [1]
Bankers see Reliance’s Jio value as high as $170 billion
BusinessLine· 2025-11-07 03:53
Core Insights - Investment bankers are proposing a valuation of up to $170 billion for Jio Platforms Ltd ahead of a potential record-breaking IPO for Reliance Industries Ltd's wireless carrier [1][2] - This valuation would position Jio among the top two or three companies in India by market capitalization, surpassing Bharti Airtel Ltd, which is valued at approximately $143 billion [2] - Mukesh Ambani indicated that the Jio listing could occur in the first half of 2026, with discussions about the IPO dating back to 2019 [3] Valuation and IPO Details - The proposed valuation for Jio ranges from $130 billion to $170 billion, with ongoing discussions among bankers [2] - Initial expectations suggested the Jio IPO could raise over $6 billion, potentially exceeding Hyundai Motor India Ltd's record $3.3 billion offering in 2024, but this amount may be lower due to changes in Indian listing regulations [4] - Under revised rules, Jio would need to offer shares worth at least ₹15,000 crore (approximately $4.3 billion) if it achieves the top-end valuation [5] Subscriber and Financial Performance - Jio had approximately 506 million subscribers as of the end of September, with an average revenue per user of ₹211.4, while Bharti Airtel had about 450 million subscribers and an average revenue per user of ₹256 [6] - Reliance's digital services business experienced a 17% year-on-year increase in EBITDA for the July-September quarter, driven by Jio's expanding 5G network and growing subscriber base [7]
Reliance eyes mega Jio listing at $130–170 billion valuation, bankers say
BusinessLine· 2025-11-06 11:30
Valuation and IPO Details - Investment bankers propose a valuation for Jio Platforms Ltd. of up to $170 billion ahead of a potential record-breaking IPO for Reliance Industries Ltd.'s wireless carrier [1][2] - The proposed valuation would position Jio among the top two or three companies in India by market capitalization, surpassing Bharti Airtel Ltd., valued at approximately ₹12.7 lakh crore ($143 billion) [2] - Ongoing discussions with bankers suggest a valuation range for Jio between $130 billion and $170 billion [2] Timeline and Historical Context - Mukesh Ambani indicated that the Jio listing could occur in the first half of 2026, with discussions about a potential IPO dating back to 2019 [3] - Jio's share sale will mark Reliance's first public offering of a major business unit since Reliance Petroleum Ltd.'s debut in 2006 [3] IPO Financial Projections - Initial expectations indicated that the Jio IPO could raise over $6 billion, potentially breaking the record set by Hyundai Motor India Ltd. in 2024 with a $3.3 billion offering [4] - Revised Indian listing regulations may lower the expected amount, requiring companies with a post-listing market capitalization exceeding ₹5 lakh crore to offer shares worth at least ₹150 billion [5] Subscriber and Revenue Metrics - As of the end of September, Jio had approximately 506 million subscribers, with an average revenue per user (ARPU) of ₹211.4 [6] - In comparison, Bharti Airtel had about 450 million subscribers and an ARPU of ₹256 [6]
Bankers said to see Reliance’s Jio value as high as $170 billion
The Economic Times· 2025-11-06 09:31
Core Viewpoint - Jio Platforms Ltd. is preparing for a potential initial public offering (IPO) with a proposed valuation ranging from $130 billion to $170 billion, which could position it among the largest companies in India by market capitalization [1][6]. Group 1: Valuation and Market Position - Investment bankers are proposing a valuation for Jio that could place it among the top two or three companies in India, ahead of Bharti Airtel Ltd., which is valued at approximately Rs 12.7 trillion ($143 billion) [1][6]. - Reliance Industries, controlled by Mukesh Ambani, has a market capitalization of about Rs 20 trillion [1][6]. Group 2: IPO Details and Regulations - The Jio IPO is expected to be Reliance's first public offering of a major business unit since Reliance Petroleum Ltd.'s debut in 2006 [2][6]. - The IPO could raise over $6 billion, although this amount may be lower due to changes in Indian listing regulations, which require companies with a post-listing market capitalization exceeding 5 trillion rupees to offer shares worth at least 150 billion rupees and dilute only 2.5% of equity [5][6]. - If Jio achieves the top-end valuation proposal, the share offering would amount to approximately $4.3 billion [5][6]. Group 3: Subscriber Base and Revenue - As of the end of September, Jio had approximately 506 million subscribers, with an average revenue per user (ARPU) of Rs 211.4 [6]. - In comparison, Bharti Airtel had about 450 million subscribers and an ARPU of Rs 256 [6].