Mobile US Inc Earnings Top Expectations As Customer Count Surges

Mobile US Inc Earnings Top Expectations As Customer Count Surges

During the company's fourth-quarter earnings call, CFO Matt Ellis said, "That's not something we feel the need to do", when asked about unlimited plans.

Verizon ditched unlimited data plans five and a half years ago, but it seems the market shifted, with users demanding unlimited plans. The carrier says current customers can activate the new features inside the T-Mobile app or on the T-Mobile website. The unlimited plan pricing starts at $100 for the first smartphone and $40 for additional smartphones, tablets or connected auto.

According to The Verge, after Verizon's announcement, the plan immediately offered an unlimited hotspot data which was limited to 2G speeds. TMUS stock is rising more than 2.5% Tuesday after the company not only reported fourth quarter profit that exceeded analysts' estimates, its revenue rose more than 24%, driven by 933,000 net post-paid phone subscribers, who pay traditional monthly phone bills, and 541,000 net prepaid accounts.

The changes come after Verizon this week announced that it's bringing back unlimited data, starting at $80 per month.

The plan will be available to both new and existing customers. It didn't take long at all, and Legere has added HD video, 10GB of high-speed Mobile Hotspot data, and introduced two lines on T-Mobile ONE for $100USD. For instance, T-Mobile's plan limits your streaming video quality to 480p, while Sprint applies quality restrictions to audio and online gaming as well as video.

White House Senior Adviser: 'The Judiciary is Not Supreme'
Expect Miller to be asked this morning why he thought he was better positioned to make that judgment than, say , John Kelly. The Washington Post's take on Miller: "Today, at 31, he has emerged alongside former Breitbart News chief Stephen K.

While overseas, one can get a TravelPass for $10 per day with a 500 MB daily limit and 2G speeds once you go beyond the cap. A $10-a-day pass allows for that same amount of data outside North America. The company used free iPhone promotions for a few weeks during the holiday season to match similar offers from rivals. Sprint (S) added 368,000 postpaid phone subscribers in Q4, while Verizon Communications (VZ) added 167,000 and AT&T (T) lost 67,000.

With Verizon, "the fine print on the offer makes it slightly less aggressive than it would initially appear", Vijay Jayant, an analyst with Evercore ISI, in a note to investors Monday.

For a family of four, unlimited costs $180 at Verizon. Fidelity Management and Research Company is the second biggest holder with 21 million shares now valued at 1.00 B million whilst Vanguard Group Inc has 14 million shares valued at 675.60 million.

Over the past three months, Verizon returned 5.13%, while the Zacks-categorized Wireless National industry gained 11.43%. Some Wall Street analysts point to Dish Network, which holds wireless spectrum capacity, as a possible acquisition for Verizon. Today, you can download 7 Best Stocks for the Next 30 Days.