3 Telecom Stocks Seeing Action: MotoMaker Outgrows AT&T, Verizon Proves Vet-Friendly, T-Mobile’s Fast Growth
AT&T (NYSE:T): AT&T has lost its exclusive rights to Google’s (NASDAQ:GOOG) MotoMaker program, as T-Mobile, Verizon, and Sprint will all have access to the phone-customization initiative. “The MotoMaker tool gives users a chance to customize the look of their phone with accent colors, custom back panels, and engraving,” GeekWire explains. Until Monday, AT&T was the only carrier to offer MotoMaker. Now, buyers can obtain a unique version of the phone without switching carriers.
Verizon Communications (NYSE:VZ): Verizon’s hiring practices of veterans and military recruitment have earned the company the number 3 spot on the G.I. Jobs Military-Friendly Employers List for 2014, as it has some 12,000 veterans on its payroll. This is a substantial gain from last year’s ranking, when Verizon sat 15th overall. The survey encompasses some 5,000 companies in total.
T-Mobile US (NYSE:TMUS): T-Mobile appears to be catching on in urban environments, as the company added more than a million customers to its service last quarter. “T-Mobile is guaranteed the right to piggyback on competitors’ networks,” USA Today explains. “Consequently, it has little incentive to expand coverage beyond cities.” Thanks to its Uncarrier initiative, T-Mobile is the fastest-growing network in the country, but as USA Today adds, it should be dead, given its position in the telecom market.