3 Telecom Stocks Seeing Action: Vodafone Consolidates, AT&T Nabs Number One, and T-Mobile Will Get the Moto X
Vodafone (NASDAQ:VOD): Vodafone announced that its Northern & Central Europe and Southern Europe units will merge to create a single European division. Phillip Humm, currently CEO of the Northern & Central Europe unit, will be CEO of the merged entity. Southern Europe CEO Paolo Bertoluzzo will now run the Africa, Middle East, and Asia-Pacific operations, which Vodafone will be adding Turkey to as an expanded “Group Commercial” unit encompassing a variety of sales, marketing, and customer support activities.
AT&T (NYSE:T): For the first time, AT&T has unseated Verizon (NYSE:VZ) in JD Power’s customer service satisfaction index, which the company is using to push its reputation for reliability. Verizon has long been the top-ranked telecom for J.D. Power’s customer care rankings for mobile carriers, but AT&T — with the highest score seen by any carrier in J.D. Power’s last three customer service studies — seems to have dethroned the king.
T-Mobile US (NYSE:TMUS): The Motorola (NASDAQ:GOOG) Moto X will indeed be coming to T-Mobile, ending speculation that the new Motorola might only find a home with the nation’s three largest carriers. It sports a 4.7″ AMOLED 720p screen, a 2200mAh battery good for up to 13 hours of talk time, a 10 megapixel camera rear-facing camera, a 2 megapixel front-facing camera, an X8 computing system, 2GB, 16 GB, or 32GB of storage, HSPA+ at 42Mbps, and 4G LTE, TmoNews reports. The device is priced from $199.