While researching the latest wireless offerings and reading the latest quarterly updates by Sprint Sprint Nextel Corp. (NYSE:S) and T-Mobile (TMUS), the recent merger news smacks of a horrible fit. Sprint has spent the last couple of years to rid itself of the legacy issues of the Nextel network. Sprint Nextel Corp. (NYSE:S) stock opened at $8.91 in last session, and closed at $8.86. The stock showed a negative weekly performance of -1.99%.
Vodafone Group Plc (ADR) (NASDAQ:VOD), is in talks to acquire Spain’s main cable operator Grupo Corporativo ONO SA, which could derail ONO’s plans for an initial public offering, Bloomberg news reported, citing sources. Vodafone Group Plc (ADR) (NASDAQ:VOD), stock opened at $36.85, in last session and closed at $37.17, by gaining 1.01%. The 52 week range of VOD is $24.42 – $39.44. Company’s market capitalization is $180.14billion.
shares of wireless carrier VimpelCom Ltd. (ADR) (NASDAQ:VIP), had their worst day in more than a year after suspending the company’s final dividend for 2013 and saying future payouts will be lower so the company can instead reduce debt. VimpelCom Ltd (ADR) (NASDAQ:VIP), stock decreased -12.81% and finished the last session at $10.14. The EPS of the stock remained 1.23. Company’s market capitalization is $20.81billion.
AT&T Inc. (NYSE:T), said Tuesday that it earned $6.9 billion, or $1.31 per share, in the October-December period. That’s up from a loss of $3.8 billion, or 68 cents per share, in the same period a year earlier. AT&T Inc. (NYSE:T), stock opened the session at $33.50, and closed the session at $33.70. The 52 week range of the T stock remained $33.09 – $39.00 and the day range was $33.35 – $33.81.