NEW YORK, January 4, 2017 /PRNewswire/ --
The Wireless Communications segment operates and maintains switching and transmission facilities to provide direct communication through radio-based cellular networks. Industry services include cellular mobile phone services, paging services, wireless Internet access, and wireless video services. Pre-market, Stock-Callers.com recalls the performances of the following Wireless Communications stocks: Sprint Corp. (NYSE: S), T-Mobile US Inc. (NASDAQ: TMUS), Globalstar Inc. (NYSE MKT: GSAT), and SK Telecom Co. Ltd (NYSE: SKM). Learn more about these stocks by downloading their free research reports in PDF format at:http://stock-callers.com/registration
On Tuesday, shares in Overland Park, Kansas headquartered Sprint Corp. recorded a trading volume of 27.39 million shares, which was above their three months average volume of 19.53 million shares. The stock ended the day at $8.56, rising 1.66% from the last trading session. The Company's shares have advanced 7.81% in the last one month, 30.29% over the previous three months, and 1.66% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 13.02% and 53.88%, respectively. Furthermore, shares of Sprint, which through its subsidiaries, provides various wireless and wireline communications products and services to consumers, businesses, government subscribers, and resellers in the US, Puerto Rico, and the US Virgin Islands, have a Relative Strength Index (RSI) of 61.40.
On December 28th, 2016, Sprint announced a commitment to create or bring back to America 5,000 jobs. The Company anticipates these jobs will support a variety of functions across the organization including its Customer Care and Sales teams. The Company stated that it expects to fulfill this commitment by the end of its FY17 and will provide additional details when they are available. Sign up and read the free research report on S at:
Bellevue, Washington headquartered T-Mobile US Inc.'s stock climbed 1.41%, finishing yesterday's session at $58.32 with a total trading volume of 3.00 million shares. The Company's shares have gained 7.48% in the last month, 24.40% in the previous three months, and 1.41% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 8.21% and 26.82%, respectively. Additionally, shares of T-Mobile US, which together with its subsidiaries, provides mobile communications services for consumers and businesses in the US, Puerto Rico, and the US Virgin Islands, have an RSI of 65.91.
On January 03rd, 2016, T-Mobile announced that it will disclose what's next for the Un-carrier and how the Company will continue to change wireless for good on January 05th, 2017 at 2:00 pm ET from CES in Las Vegas, Nevada. In addition, T-Mobile executives will provide an update on the business. The details will be released via LIVE webcast and newsroom.t-mobile.com. The complimentary research report on TMUS can be downloaded at:
Shares in Covington, Louisiana headquartered Globalstar Inc. ended Tuesday's session 12.03% higher at $1.77. The stock recorded a trading volume of 16.59 million shares, which was above its three months average volume of 5.65 million shares. The Company's shares have gained 129.87% in the last one month, 46.28% in the previous three months, and 12.03% on an YTD basis. The stock is trading 74.18% above its 50-day moving average and 29.76% above its 200-day moving average. Moreover, shares of Globalstar, which provides mobile voice and data communications services through satellite worldwide, have an RSI of 72.85.
On December 23rd, 2016, Globalstar announced that the Federal Communications Commission adopted a Report and Order based on Globalstar's Revised Proposal for terrestrial authority over the Company's 11.5 MHz of licensed 2.4 GHz spectrum. Globalstar stated that these newly adopted rules will make more broadband spectrum available to, and improve wireless broadband service for, consumers in the US. Register for free on Stock-Callers.com and access the latest report on GSAT at:
At the close, Seoul, South Korea headquartered SK Telecom Co. Ltd's stock dropped 1.24%, finishing at $20.64. A total volume of 1.12 million shares was traded, which was higher than their three months average volume of 583,050 shares. The Company's shares are trading 2.48% below their 200-day moving average. Additionally, shares of SK Telecom, which provides wireless telecommunications services in South Korea, have an RSI of 35.22.
On December 20th, 2016, Coriant, a global supplier of SDN-enabled end-to-end packet optical networking and DCI solutions, announced that SK Telecom, Korea's largest telecommunications company, has selected a Coriant submarine solution to extend 100G connectivity to Ulleungdo Island. The Coriant solution, based on the industry-leading Coriant® hiT 7300 Multi-Haul Transport Platform and Coriant® Transport Network Management System, will enable SK Telecom to enhance delivery of mobile broadband services on Ulleungdo Island, which lies off the east coast of Korea. Get free access to your research report on SKM at:
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