Home / Tech & Systems / Telecom Providers Trying to Makeup Position- AT&T, Inc. (NYSE:T), Verizon Communications (NYSE:VZ)

Telecom Providers Trying to Makeup Position- AT&T, Inc. (NYSE:T), Verizon Communications (NYSE:VZ)

AT&T, Inc. (NYSE:T) [Trend Analysis] eased up pre session on Thursday as U.S. Hispanics are more prone to smartphone distracted driving than general population, according to AT&T It Can Wait research. The 83% of Hispanics admit to using their smartphones behind wheel. That compares with 71% of Americans as a whole. Half of U.S. Hispanics admit they use their smartphones to social network while driving. Over a quarter (28%) snap selfies or take photos. In addition, around 7 in 10 (68%) text.  In response, AT&T created a campaign in Spanish, Puede Esperar. It includes: The AT&T DriveMode app. It’s now available in Spanish and open to all carriers. And it’s free for iPhone and Android users. The app helps curb the urge to text and drive by silencing incoming text messages. It can automatically turn on when you reach 15 MPH and turn off after you stop.

AT&T, Inc. (NYSE:T) knocking active thrust in leading trading session, shares a gain of 1.65% to 38.72 with around 41.4 Million shares have changed hands in this session. The stock is going forward its fifty-two week low with 30.19% and lagging behind from its 52-week high price with -1.31%.

Likewise the positive performance for the quarter recorded as 10.49% and for the year was 17.20%, while the YTD performance remained at 15.52%. T has Average True Range for 14 days of 0.51. A strike by around 40,000 Verizon Communications Inc workers is in its third week with unions and the company still far apart on contract talks, even as employee healthcare benefits are set to expire on Saturday. Workers, from network technicians to customer service representatives, in Verizon’s Fios Internet, telephone and TV services walked off the job on April 13 in one of the largest U.S. strikes in recent years after contract talks hit an impasse.

Verizon Communications Inc. (NYSE:VZ) [Trend Analysis] eased down in pre trading session on Thursday as a resolution on various issues, comprising temporary job relocations, pensions and moving call center jobs offshore, has yet to be reached, representatives of Verizon and Communications Workers of America union said on Wednesday. Verizon, which said last week that a long-drawn labor dispute would pressure its earnings, remains committed to reaching a fair deal, spokesman Rich Young said in a phone interview.

Shares of Verizon Communications Inc. (NYSE:VZ) swings enthusiastically in regular trading session, it an advance of 2.48% to close at $51.69. Moving forward to saw long-term intention, VZ has Return on Investment of 18.30%. The stock is going forward its fifty-two week low with 40.74% and lagging behind from its 52-week high price with -4.14%. VZ last month stock price volatility remained 1.36%.


About Blake Escott

Blake Escott holds junior writer position in SWR. Before joining Streetwise Report, he was a freelance content Writer. He has high-level copywriting experience and particularly experienced in proofreading and editing. He covers news about different companies including all US market sectors. Interests: Commodities, Energy stocks, Sector-wise Stocks analysis, Utilities

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