U.S. Cellular Corporation (USM - Free Report) has come up with one of its biggest deals of the year. The company is offering an iPhone 8, on lease, virtually free to its customers who are opting for new connections, with unlimited data.
The latest offer is for new customers switching to U.S. Cellular and existing customers adding new connections for family or friends. Furthermore, the deal does not require any smartphone trade-in. Customers can visit the company’s stores to get a brand new iPhone and enjoy seamless wireless experience.
The U.S. wireless carrier’s customers will be able to experience unmatched value across the industry. Also, those who are interested in buying the iPhone X can get it for $10 a month and iPhone 8 Plus for $3 a month, both on a 30-months installment plan.
Customers can get $300 off on the LG G7 ThinQ until Jun 30. Customers who refer their friends to U.S. Cellular can earn up to $200 per account when they activate a smartphone on a Total Plan. The company’s Total Plans with No Hidden Fees include unlimited data offerings starting from $40 per line per month for four lines.
U.S. Cellular is optimistic about the growing demand for smartphones, which witness a significant market penetration and growth in data revenues.
For 2018, the company expects total operating revenues in the range of $3,850-$4,050 million. This reflects the company’s expectation for modest customer growth, additional demand for data and a continued migration through equipment installment plans along with a very competitive pricing environment.
U.S. Cellular is focused on offering the best wireless experience to customers by providing innovative devices coupled with superior quality network and national coverage.
To increase smartphone penetration, the company has initiated Shared Data plans for consumers and businesses at minimal charges. The company plans to continue enhancing its advanced wireless services and connected solutions to better cater to its subscribers.
U.S. Cellular has a long-term earnings growth expectation of 1%. The company surpassed earnings estimates thrice in the trailing four quarters, with an average of positive surprise of 303.6%.
Over the past six months, the stock has outperformed the industry with an average loss of 4.6% compared with 8.7% decline for the latter.
U.S. Cellular currently has a Zacks Rank #3 (Hold). Better-ranked stocks in the broader industry include BlackBerry Limited (BB - Free Report) , Motorola Solutions, Inc. (MSI - Free Report) and Ubiquiti Networks, Inc. (UBNT - Free Report) . While BlackBerry sports a Zacks Rank #1 (Strong Buy), Motorola Solutions and Ubiquiti Networks carry a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
BlackBerry has an expected long-term earnings growth rate of 18.6%. It exceeded earnings estimates twice in the trailing four quarters, with an average of positive surprise of 500%.
Motorola Solutions has an expected long-term earnings growth rate of 8%. It beat earnings estimates in each of the trailing four quarters, the average being 12.1%.
Ubiquiti Networks has an expected long-term earnings growth rate of 18.6%. It exceeded earnings estimates thrice in the trailing four quarters, with an average of positive surprise of 8.9%.
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