Verizon Communications Inc. (NYSE:VZ), in a note to SEC, claims that it activated 9.8 million smartphones from October through December, compared to 7.7 million smartphones activated during the same period last year. The largest carrier in the U.S says, in a note to SEC, there was a “higher mix of smartphones” sold during the holiday quarter. Earlier, this week, AT&T Inc. (NYSE:T) also hinted at massive iPhone sales; with their “best-ever” sales of Apple...
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Sprint Nextel Corporation (NYSE:S) will release its financial results for the next quarter later this month. Telecommunications sector giant AT&T Inc. (NYSE:T) will be releasing its earnings on October 24th while Verizon Communications Inc.(NYSE:VZ) will do so on the 18th. Today CapitalCube evaluates Sprint’s Earnings Quality. Our analysis suggests that while Sprint Nextel’s net margins look relatively weak, it has a reasonable level of accruals relative to peers. Our peers for Sprint Nextel Corporation (NYSE:S) are:...
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