Who Will Win the Sprint and AT&T Battle?

The battle between AT&T (NYSE:T) and Sprint (NYSE:S) continues over the T-Mobile deal.  Sprint, which is the third largest US mobile operator, has led the opposition to AT&T mergiing with T-Mobile.

Sprint has complained that AT&T has no spectrum constraints, and the merge with T-Mobile would only increase AT&T’s power.  However, AT&T has acquired access to documents that show Sprint holds the strongest position out of any US provider, and concedes that AT&T has major spectrum constraints.  Furthermore, the documents explain that Sprint was not at a disadvantage when it comes to acquiring new phone deals.  For example, Sprint was recently awarded a contract with Apple (NASDAQ:AAPL) to sell the new iPhone 4S.  AT&T is also in talks with Nokia (NYSE:NOK), and may be the first carrier to sell the Nokia Windows (NASDAQ:MSFT) phone.

With the cell phone wars heating up, consumers stand to benefit, at least in the short-term.  In an effort to jump ahead of competitors, Sprint cut the prices of its higher-data plans for its broadband customers.  On Monday, Sprint began charging $50 per month for a 6 GB of data downloads, compared to $60 for 5 GB it previously charged.  Verizon (NYSE:VZ) has also doubled its data plans as a promotional drive for holiday shopping.

Here’s how these stocks are trading:

  • AT&T, Inc. (NYSE:T): T shares recently traded at $28.27, down $0.37, or 1.29%. Its market capitalization is $167.53 billion. They have traded in a 52-week range of $27.20 to $31.94. Volume today was 11,830,929 shares versus a 3-month average volume of 30,780,800 shares. The company’s trailing P/E is 14.34, while trailing earnings are $1.97 per share. The company pays a dividend of $1.72 per share for a dividend yield of 6.00%. About the company: AT&T Inc. is a communications holding company. The Company, through its subsidiaries and affiliates, provides local and long-distance phone service, wireless and data communications, Internet access and messaging, IP-based and satellite television, security services, telecommunications equipment, and directory advertising and publishing. Get the most recent company news and stock data here >>
  • Sprint Nextel Corp. (NYSE:S): S shares recently traded at $2.61, down $0.01, or 0.38%. Its market capitalization is $7.80 billion. They have traded in a 52-week range of $2.10 to $6.45. Volume today was 17,064,521 shares versus a 3-month average volume of 67,417,900 shares. The company’s trailing earnings are $-0.84 per share. About the company: Sprint Nextel Corporation offers a range of wireless and wireline communications services to consumer, business, and government customers. The Company develops, engineers, and deploys various technologies, including two wireless networks offering mobile data services, instant national and international push-to-talk capabilities, and a global Tier 1 Internet backbone. Get the most recent company news and stock data here >>
  • Apple Inc. (NASDAQ:AAPL): AAPL shares recently traded at $367.50, down $7.44, or 1.98%. Its market capitalization is $341.56 billion. They have traded in a 52-week range of $305.87 to $426.70. Volume today was 9,826,166 shares versus a 3-month average volume of 20,257,200 shares. The company’s trailing P/E is 13.28, while trailing earnings are $27.68 per share. About the company: Apple Inc. designs, manufactures, and markets personal computers and related personal computing and mobile communication devices along with a variety of related software, services, peripherals, and networking solutions. The Company sells its products worldwide through its online stores, its retail stores, its direct sales force, third-party wholesalers, and resellers. Get the most recent company news and stock data here >>
  • Nokia Corporation (NYSE:NOK): NOK shares recently traded at $6.08, down $0.43, or 6.61%. Its market capitalization is $22.54 billion. They have traded in a 52-week range of $4.82 to $11.75. Volume today was 18,725,296 shares versus a 3-month average volume of 28,113,800 shares. The company’s trailing P/E is 25.00, while trailing earnings are $0.24 per share. The company pays a dividend of $0.48 per share for a dividend yield of 7.40%. About the company: Nokia Corporation is a player in the mobile industry. The Company makes a range of mobile devices with services and software that enable people to experience music, navigation, video, television, imaging, games, business mobility and more. Nokia also provides equipment, solutions and services for communications networks. Get the most recent company news and stock data here >>
  • Microsoft Corporation (NASDAQ:MSFT): MSFT shares recently traded at $25.03, down $0.27, or 1.07%. Its market capitalization is $210.51 billion. They have traded in a 52-week range of $23.65 to $29.46. Volume today was 33,649,279 shares versus a 3-month average volume of 56,948,600 shares. The company’s trailing P/E is 9.10, while trailing earnings are $2.75 per share. The company pays a dividend of $0.80 per share for a dividend yield of 3.20%. About the company: Microsoft Corporation develops, manufactures, licenses, sells, and supports software products. The Company offers operating system software, server application software, business and consumer applications software, software development tools, and Internet and intranet software. Microsoft also develops video game consoles and digital music entertainment devices. Get the most recent company news and stock data here >>
  • Verizon Communications Inc. (NYSE:VZ): VZ shares recently traded at $35.93, down $0.53, or 1.45%. Its market capitalization is $101.72 billion. They have traded in a 52-week range of $31.60 to $38.95. Volume today was 6,160,040 shares versus a 3-month average volume of 16,528,600 shares. The company’s trailing P/E is 14.45, while trailing earnings are $2.49 per share. The company pays a dividend of $2.00 per share for a dividend yield of 5.50%. About the company: Verizon Communications Inc. is an integrated telecommunications company that provides wire line voice and data services, wireless services, Internet services, and published directory information. The Company also provides network services for the federal government including business phone lines, data services, telecommunications equipment and payphones. Get the most recent company news and stock data here >>

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