What's Going On With Big Telecom Stocks Today - Dish, Verizon, T-Mobile, AT&T
Portfolio Pulse from Anusuya Lahiri
Dish Network's stock is up amid reports of selling wireless plans for its mobile phone service through Amazon. Amazon is negotiating with Verizon, T-Mobile, and Dish for the lowest possible wholesale prices. This deal could benefit the wireless industry but also chip away at the big carriers' customer base.
June 02, 2023 | 2:11 pm
News sentiment analysis
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NEGATIVE IMPACT
AT&T's stock is trading lower as Amazon negotiates with carriers for the lowest possible wholesale prices, potentially impacting AT&T's customer base.
Amazon's negotiations for lower wholesale prices could lead to a decrease in AT&T's customer base and revenue, negatively impacting its stock price in the short term.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
T-Mobile's stock is trading lower as Amazon negotiates with carriers for the lowest possible wholesale prices, potentially impacting T-Mobile's customer base.
Amazon's negotiations for lower wholesale prices could lead to a decrease in T-Mobile's customer base and revenue, negatively impacting its stock price in the short term.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Verizon's stock is trading lower as Amazon negotiates with carriers for the lowest possible wholesale prices, potentially impacting Verizon's customer base.
Amazon's negotiations for lower wholesale prices could lead to a decrease in Verizon's customer base and revenue, negatively impacting its stock price in the short term.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Dish Network's stock is up amid reports of selling wireless plans for its mobile phone service through Amazon, potentially increasing its customer base.
Dish Network's partnership with Amazon to sell wireless plans could lead to an increase in its customer base and revenue, positively impacting its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100