All articles tagged with #wireless services
T-Mobile is raising prices on some of its older plans starting June 5, citing rising costs and inflation. The increase will be $5 per line per month for affected plans, though some users report smaller hikes. The changes do not affect newer Go5G plans or those with the Price Lock guarantee. The company maintains that it still offers the best value in wireless services.
Here are 10 dividend stocks with yields of over 4% that investors can consider: 1) Brookfield Renewable, which is well-positioned to meet the increasing demand for renewable energy; 2) Cohen & Steers Infrastructure Fund, a closed-end fund offering exposure to infrastructure stocks with an 8.1% yield; 3) Devon Energy, an oil and gas company with a dividend yield of nearly 9.5%; 4) Enterprise Products Partners, a midstream energy company with a yield of close to 7.5%; 5) Ares Capital, a business development company with a dividend yield of nearly 10.3%; 6) M&T Bank, which has a dividend yield of over 4.1% and solid financials; 7) AbbVie, a pharmaceutical company with a dividend yield of nearly 4.5% and a long history of dividend increases; 8) Pfizer, which has a dividend yield of over 4.5% and expects solid growth; 9) Crown Castle, a real estate investment trust (REIT) focused on wireless infrastructure with a dividend yield of over 5.5%; and 10) Verizon Communications, a telecom giant with a dividend yield of 7.1% and improving free cash flow.
Amazon is reportedly in talks with US telecom firms to offer low-cost wireless services to its Prime members, which could lead to major disruptions in the telecom space as it could offer cheaper plans in a country with some of the highest wireless charges in the world. The talks could include a possible tie-up with Dish Network. Verizon, AT&T and T-Mobile fell between 3 percent and 8 percent, while Amazon’s shares rose more than 2 percent. Dish’s shares defied the sectoral gloom to rise 22 percent.
Shares of Verizon, AT&T, and T-Mobile fell after a report said Amazon was in talks with US telecom firms to offer low-cost wireless services to its Prime members. Amazon could offer wireless plans for $10 a month or lower to Prime members through partnerships, including a possible tie-up with Dish Network. Several analysts said Amazon's entry could lead to major disruptions in the telecom space as it could offer cheaper plans in a country with some of the highest wireless charges in the world.
Telecom stocks, including AT&T, Verizon Communications, and T-Mobile US, fell on reports that Amazon plans to sell mobile phone services in the US through its Prime loyalty program. However, Dish Network and Amazon's stock gained ground. Amazon could partner with other wireless firms and aims to offer Prime members wireless plans for $10 a month or even for free. Analysts are skeptical about the deal, but if it goes through, it could spell trouble for industry incumbents.
T-Mobile is set to acquire budget wireless provider Mint Mobile, along with its parent company Ka'ena Corporation, in a deal worth up to $1.35 billion. Actor Ryan Reynolds, who owns a minority stake in Mint Mobile and serves as a spokesperson, will remain in his creative role. T-Mobile hopes to boost its prepaid services with the acquisition, while Mint Mobile's $15 per month pricing plan will remain in place. The deal is expected to close later this year.