Back to top

Image: Bigstock

T-Mobile (TMUS) Incorporates Hulu in its Streaming Services

Read MoreHide Full Article

T-Mobile US, Inc (TMUS - Free Report) recently announced that it will be including Hulu service to its complimentary streaming services at no extra cost for Un-carrier customers beginning from Jan 24, 2024.

Hulu will be added as part of Un-carrier’s Go5G Next plan along with existing services including Apple TV+ on Us and Netflix on Us.

In addition to Hulu, T-Mobile is offering free season-long subscriptions to MLB.TV every year. Management highlighted that inclusion of these services on Go5G Next adds up to more than $35 per month or $400 per year in streaming benefits.

Go5G Next customers also get access to free in-flight Wi-Fi and streaming on the largest domestic airlines, free high-speed data in more than 215 destinations, Scam Shield protection and much more.

With the availability of Hulu, customers will have access to acclaimed series/movies like The Bear, Abbott Elementary, The Handmaid’s Tale, and Only Murders in the Building, which can be streamed on a variety of devices (including TV, tablet and mobile). Moreover, users can access the service “on-the-go” (even at 30,000 feet) wherever complimentary Wi-Fi on T-Mobile is available, added TMUS.

TMUS stated that its Un-carrier’s 5G network covers more than 330 million people across two million square miles. Further, it noted that 300 million people nationwide are covered by the company’s super-fast Ultra Capacity 5G network. The Ultra Capacity 5G delivers superfast speed, powering 5G smartphones and aiding innovators to deliver transformational 5G experiences. It intends to bring more competition to home broadband, especially in underserved rural markets.

Headquartered in Bellevue, WA, T-Mobile is a national wireless service provider. The company offers its services under the T-Mobile, Metro by T-Mobile and Sprint brands. TMUS, through its subsidiaries, provides wireless services for branded postpaid and prepaid, and wholesale customers.

T-Mobile currently carries a Zacks Rank #3 (Hold). Shares of the company have gained 9.2% in the past year against the sub- industry’s decline of 4.1%.

Zacks Investment Research
Image Source: Zacks Investment Research

Stocks to Consider

Some better-ranked stocks worth consideration in the broader technology space are Cadence Design Systems (CDNS - Free Report) , United States Cellular Corporation (USM - Free Report) and Blackbaud (BLKB - Free Report) . While USM currently sports a Zacks Rank #1 (Strong Buy), Cadence and Blackbaud carry a Zacks Rank #2 (Buy) each. You can see the complete list of today’s Zacks #1 Rank stocks here.

The Zacks Consensus Estimate for Cadence’s 2023 EPS has remained unchanged in the past 60 days at $5.10. CDNS’ long-term earnings growth rate is 17.9%.

Cadence’s earnings beat the Zacks Consensus Estimate in each of the last four quarters, the average surprise being 4.1%. Shares of CDNS have gained 60.3% in the past year.

The Zacks Consensus Estimate for United States Cellular Corporation’s 2023 EPS is pegged at 45 cents, which remained unchanged in the past 30 days. USM’s earnings outpaced the Zacks Consensus Estimate in two of the last four quarters while missing twice. The average surprise was 63.4%. Shares of USM have gained 80.1% in the past year.

The Zacks Consensus Estimate for Blackbaud’s 2023 EPS has improved by 1.3% in the past 60 days to $3.86.

BLKB’s earnings surpassed the Zacks Consensus Estimate in each of the last four quarters, the average surprise being 10.6%. Shares of BLKB have jumped 47.6% in the past year.

Published in