T-Mobile Takes Another Shot at Verizon, AT&T
T-Mobile (NASDAQ: TMUS) CEO John Legere seems to enjoy trolling his rivals at AT&T (NYSE: T) and Verizon (NYSE: VZ). He calls them "The Duopoly" and has taken special delight in what he sees as their struggles in offering unlimited data.
Legere has frequently messaged his 4.5 million Twitter followers about what he sees as his rivals' shortcomings and his company recently shared data from a third-party provider showing that AT&T and Verizon have seen their networks slow over the past few months.
To further drive that revelation home, T-Mobile has raised its monthly data cap for prioritizing traffic. Under the previous system, heavy data users (about the top 2% of customers) saw their network speeds slowed during peak network usage times after they used more than 32GB in any given month. That cap has been raised to 50GB, while Verizon and AT&T have kept their prioritization threshold at 22GB.
Source: Fool.com
Verizon Communications Inc. Stock
We see a rather positive sentiment for Verizon Communications Inc. with 20 Buy predictions and 1 Sell predictions.
With a target price of 40 € there is a slightly positive potential of 10.38% for Verizon Communications Inc. compared to the current price of 36.24 €.
