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T-Mobile's operating-income growth has far outpaced its stock, which could make the share-price lag an overreaction. Fiscal.ai reports operating income up 114% over five years while the stock fell 1%. x.comÂ
Deutsche Bank says AST SpaceMobile's BlueBird progress and carrier joint ventures make SpaceX's spectrum deal less threatening than feared. It upgraded the shares from Neutral to Buy and sees potential for larger partners such as T-Mobile to join through joint ventures. GF institutional tracking shows fund additions, and recent filings indicate net insider buying. Continuous service still requires constellation deployment. AST SpaceMobile could reach $176. x.comÂ
Starlink Mobile threatens US carriers' pricing economics even if it takes little market share. AT&T's lack of investment for the future makes its exposure worse. In Peter Adderton's scenario, a $5 monthly price cut on 250 million remaining connections would cost carriers $15 billion a year. x.com x.comÂ
AT&T faces downside risk from Starlink coming for cell plans; that competition looks set to leave a mark on the stock. x.comÂ
Rogers Communications' roughly 15% selloff is an opportunity because it does not affect management's push to monetize its trophy sports assets. Those assets are worth about 58-98% of the roughly C$24.5B market cap, with management estimating C$20-25B. The drop followed TD Cowen's downgrade of the telecom business on fears of rising pricing competition. x.com x.comÂ
T-Mobile is now just another debt bomb like AT&T and Verizon; the time to get in was the Sprint integration. As @gdmtalkss notes, it looks cheap only on the equity stub, and including its $88.6B debt load in enterprise value makes the multiple far less special. x.comÂ
Verizon is gaining subscribers, cutting operating and capital spending and increasing capital returns, yet trades at an undemanding valuation that likely does not reflect the full value of those initiatives. Long-dated options on it are fairly cheap. x.comÂ
Debt, costly spectrum auctions and bad capital allocation make AT&T, Verizon and T-Mobile long-term laggards. They may rebound, but cannot keep pace with the S&P 500 or even weaker safety stocks. T-Mobile's Sprint-led growth is over with higher leverage; AT&T cut its dividend and spent heavily on Warner, while Verizon flip-flopped on fiber. High yields do not compensate. If forced to choose, AST SpaceMobile is probably the better gamble since legacy carriers have more incentive to support it. … Show more
T-Mobile faces a serious threat from Starlink Mobile picking off customers and capping shareholder returns, even if it cannot overtake the business. T-Mobile's CEO says the Starlink Mobile threat has been exaggerated. x.comÂ
T-Mobile, AT&T and Verizon look vulnerable to Starlink's prospective entry as a mobile carrier: the incumbents have grown complacent and milked customers for too long. Starlink should disrupt them, favoring SpaceX. x.comÂ