Verizon HINTS At iPhone 5 Release and 4 Telecom Titans Attracting Interest as the Dow Surges

AT&T, Inc. (NYSE:T) and Verizon (NYSE:VZ) stock both traded nearly in lockstep during the past year with AT&T seeing a 19.5 percent increase and Verizon having a 22 percent increase. However, AT&T may have an edge going forward. Its dividend is predicted to keep growing. Also, earlier in the year, the company stated that it would spend $9 billion to repurchase almost 5 percent of its outstanding shares, but Verizon has not been actively repurchasing stock. Thursday, Verizon Wireless claimed the addition of 1.2 million subscribers during Q2, bringing it to 94.2 million, and AT&T watched its wireless base grow to 103.9 million. Tablet sale growth will only raise the customers’ desire for data. Although the stock will probably not skyrocketed, Barron’s argues that investors seeking a defensive dividend should consider AT&T. The shares traded down $0.20 (0.56%) recently at $35.28.

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Sprint Nextel Corp. (NYSE:S) announced today that it will sell integrated, end-to-end usage-based insurance (UBI) services designed specifically for the auto insurance industry. This makes Sprint the first wireless carrier to provide an inexpensive turnkey trial program for insurance carriers to begin their own trials and pilot programs.  The shares traded down $0.07 (1.75%) recently at $3.64.

Verizon Communications Inc. (NYSE:VZ) used last night to announce its financial results, which hints that the  Apple [AAPL] iPhone 5  is ready to ship during the Fall–though they only used market rumors. The shares traded down $0.16 (0.36%) recently at $44.38.

Vodafone Group plc (NASDAQ:VOD) reported Q1 service revenue which missed analysts’ estimates while customers located in Spain and Italy reduce spending as the company’s growth in India slows. The shares traded down $0.60 (2.10%) recently at $28.24.

Leap Wireless International Inc. (NASDAQ:LEAP): During fiscal year 2011, the revenue of Palo Alto more than doubled reaching $118.6 million. The net losses for the company narrowed from $21.1 million last year to $12.5 million. The company operates in the white hot enterprise software space, offering firewalls to companies to block malware and viruses. Palo Alto has more than 7,750 customers,  including Qualcomm Inc and Cricket Communications Inc, a subsidiary of Leap Wireless International. The shares traded down $0.08 (1.39%) recently at $5.67.

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