AT&T Set to Report Earnings After Close and 4 Telecom Titans Attracting Interest
AT&T, Inc. (NYSE:T): Current Price: $33.90
AT&T is prepared to announce its 4Q12 earnings on January 24, following market close.
Sprint Nextel Corp. (NYSE:S): Current Price: $5.67
The company signed an agreement with Aegis Mobility, which will provide the FleetSafer® distracted driving application as a means to benefit businesses, commercial fleet owners, and operators that are focused on driving. FleetSafer is software designed for mobile devices that have the ability to assist drivers in evading definite disruptions.
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Verizon Communications Inc. (NYSE:VZ): Current Price: $42.72
It is now possible that the company is in its strongest position to gain total control of Verizon Wireless from its Vodafone Group (NASDAQ:VOD) venture partner, according to Bloomberg. Verizon Communications shares have seen a 22 percent incline durng the past two years, and Vodafone’s stock saw a 7.8 percent drop in U.S. dollar terms as a result of a long period of sales declines, increased competition in Europe, and an economic slowdown. This has assisted in pushing Verizon’s market value higher than Vodafone’s in December for the first time in a decade, indicates Bloomberg data.
Alcatel-Lucent, S.A. (NYSE:ALU): Current Price: $1.72
Following its five-year 90 percent loss, Alcatel-Lucent shares had a low rating by nearly every analyst covering it. However, as it has rallied during the recent few months, more and more analysts have started upgrading the stock, eventually gaining a Neutral rating from Citi. According to, Citigroup the upgrade was due to an improved carrier spending environment along with reduced bankruptcy risk after the company’s refinancing deal with Goldman Sachs.
Clearwire Corporation (NASDAQ:CLWR): Current Price: $3.24
There have been nearly one-third of Clearwire Corp. investors that have informed Reuters that they do not support Sprint Nextel Corp.’s current acquisition offer. The investors, who as a group hold almost 211 million shares of Clearwire (NASDAQ: CLWR), stated that they are calling for a better deal from Overland Park-based Sprint (NYSE: S), according to Reuters.
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