3 Telecom Stocks Seeing Action: Verizon Finally Gets the One, T-Mobile Raises $500M, and AT&T Is Poised to Launch the Moto X
Verizon (NYSE:VZ): After four months of long waiting for Verizon customers, the HTC One will be available on the carrier starting Thursday. The phone will be sold for the industry standard of $199 and a two-year contract, and its release coincides with the projected release of the Moto X, which is expected to follow shortly.
T-Mobile US (NYSE:TMUS): In its first bond offering since merging with MetroPCS, T-Mobile has raised a cool $500 million, selling bonds at an interest rate of 5.25 percent through September 2018. The proceeds from the sale are to be used for general corporate purposes, according to a company statement.
AT&T (NYSE:T): Verizon arch-rival AT&T is set to stock the much-awaited Moto X on August 23. While Verizon hasn’t confirmed its launch yet, AT&T will be rolling the device out along with the Moto Maker service, which allows users to customize the color of their phones, as well as a plethora of other features.