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T-Mobile Teams Up With Amazon to Tap Streaming Services
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T-Mobile US, Inc. (TMUS - Free Report) recently unveiled an enhanced version of its Layer3 TV service with advanced features, dubbed as TVision Home.
Also, the company inked a deal with Amazon.com, Inc. (AMZN - Free Report) to add Prime Video to TVision Home. The move is likely to play a key role for T-Mobile in delivering new mobile video services to consumers, later this year. However, financial terms of this contract were not disclosed.
Notably, the deal will allow T-Mobile to offer TVision customers with various live feeds and prime content via the Prime Video application on TVision. The on-demand content includes numerous premium shows and movies as well as Amazon Originals, among others. T-Mobile’s acquisition of OTT TV startup Layer3 TV (late 2017), the recent unveiling of TVision Home and the deal with Amazon highlight its focus on offering an in-home TV solution to replace cable for the 5G era.
Existing Business Scenario
T-Mobile’s innovative network expansion methodologies continue to be faster and technologically sounder, in an attempt to stay ahead of its competitors. The company is targeting a population coverage of 325 million and a geographic coverage of 2.5 million square miles.
Moreover, the company has received shareholder approval for its merger with Sprint Corporation (S - Free Report) . This is a step forward in creating the New T-Mobile through which it intends to bring robust competition to the 5G era. The New T-Mobile is likely to have about 127 million customers and a strong closing balance sheet.
Furthermore, it has successfully conducted Narrowband Internet of Things tests, live on its commercial network. T-Mobile is also planning to team up with dark fiber partners to backhaul small cell densification project.
This Zacks Rank #2 (Buy) company has returned 6.2% in the past three months, outperforming the industry’s rally of 2%.
CenturyLink surpassed estimates in each of the trailing four quarters, the average positive earnings surprise being 23.40%.
Breakout Biotech Stocks with Triple-Digit Profit Potential
The biotech sector is projected to surge beyond $775 billion by 2024 as scientists develop treatments for thousands of diseases. They’re also finding ways to edit the human genome to literally erase our vulnerability to these diseases.
Zacks has just released Century of Biology: 7 Biotech Stocks to Buy Right Now to help investors profit from 7 stocks poised for outperformance. Our recent biotech recommendations have produced gains of +98%, +119% and +164% in as little as 1 month. The stocks in this report could perform even better.
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T-Mobile Teams Up With Amazon to Tap Streaming Services
T-Mobile US, Inc. (TMUS - Free Report) recently unveiled an enhanced version of its Layer3 TV service with advanced features, dubbed as TVision Home.
Also, the company inked a deal with Amazon.com, Inc. (AMZN - Free Report) to add Prime Video to TVision Home. The move is likely to play a key role for T-Mobile in delivering new mobile video services to consumers, later this year. However, financial terms of this contract were not disclosed.
Notably, the deal will allow T-Mobile to offer TVision customers with various live feeds and prime content via the Prime Video application on TVision. The on-demand content includes numerous premium shows and movies as well as Amazon Originals, among others. T-Mobile’s acquisition of OTT TV startup Layer3 TV (late 2017), the recent unveiling of TVision Home and the deal with Amazon highlight its focus on offering an in-home TV solution to replace cable for the 5G era.
Existing Business Scenario
T-Mobile’s innovative network expansion methodologies continue to be faster and technologically sounder, in an attempt to stay ahead of its competitors. The company is targeting a population coverage of 325 million and a geographic coverage of 2.5 million square miles.
Moreover, the company has received shareholder approval for its merger with Sprint Corporation (S - Free Report) . This is a step forward in creating the New T-Mobile through which it intends to bring robust competition to the 5G era. The New T-Mobile is likely to have about 127 million customers and a strong closing balance sheet.
Furthermore, it has successfully conducted Narrowband Internet of Things tests, live on its commercial network. T-Mobile is also planning to team up with dark fiber partners to backhaul small cell densification project.
This Zacks Rank #2 (Buy) company has returned 6.2% in the past three months, outperforming the industry’s rally of 2%.
Key Pick
Another top-ranked stock from the same space is CenturyLink, Inc. . Notably, it carries a Zacks Rank #2. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
CenturyLink surpassed estimates in each of the trailing four quarters, the average positive earnings surprise being 23.40%.
Breakout Biotech Stocks with Triple-Digit Profit Potential
The biotech sector is projected to surge beyond $775 billion by 2024 as scientists develop treatments for thousands of diseases. They’re also finding ways to edit the human genome to literally erase our vulnerability to these diseases.
Zacks has just released Century of Biology: 7 Biotech Stocks to Buy Right Now to help investors profit from 7 stocks poised for outperformance. Our recent biotech recommendations have produced gains of +98%, +119% and +164% in as little as 1 month. The stocks in this report could perform even better.
See these 7 breakthrough stocks now>>