Verizon was the big bidder in Auction 113, spending $3.2 billion on 82 spectrum licenses. T-Mobile picked up more than 100 licenses, nearly all in small markets, for only $277 million. AT&T added 13 licenses for $133 million. SpaceX did not bid aggressively, landing two licenses for $8 million.
Following a period of investment, AT&T will hold a nationwide 5G wireless network with deep spectrum behind it and a fiber network capable of reaching around half of the US population. No other carrier can match these assets.
The cost of maintaining dominance in the wireless industry by controlling spectrum has been costly. AT&T has spent more than $60 billion since 2020 for licenses with few prospects for incremental revenue.
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Metric
|
T
|
CHTR
|
CMCSA
|
|---|---|---|---|
Price/Earnings (Normalized) | 10.06 | 3.19 | 5.95 |
Price/Book Value | 1.39 | 0.99 | 0.96 |
Price/Sales | 1.23 | 0.32 | 0.70 |
Price/Cash Flow | 3.99 | 1.04 | 2.81 |
|
Metric
|
T
|
CHTR
|
CMCSA
|
|---|---|---|---|
Quick Ratio | 0.40 | 0.33 | 0.71 |
Current Ratio | 0.92 | 0.40 | 0.87 |
Interest Coverage | 4.80 | 2.47 | 6.39 |
|
Metric
|
T
|
CHTR
|
CMCSA
|
|---|---|---|---|
Return on Assets (Normalized) | 4.36% | 4.25% | 5.46% |
Return on Equity (Normalized) | 16.71% | 40.45% | 15.78% |
Return on Invested Capital (Normalized) | 8.64% | 8.88% | 9.42% |
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| T-Mobile US Inc
TMUS
| LOCK|P#n^cV#! | LOCK|%zgF# | $208B | |||
| Verizon Communications Inc
VZ
| LOCK|>$b>^h! | LOCK|V@Cv | $182B | |||
| Deutsche Telekom AG ADR
DTEGY
| LOCK|$Nx&@t#> | LOCK|@M?# | $150B | |||
| Comcast Corp Class A
CMCSA
| LOCK|><<?R>d | LOCK|Fj<Kz | $85B | |||
| America Movil SAB de CV ADR - Series B
AMX
| LOCK|!YMWN$@ | LOCK|?VpH | $79B | |||
| KDDI Corp ADR
KDDIY
| LOCK|!@X%Lj | LOCK|CBz$< | $67B | |||
| Orange SA ADR
ORANY
| LOCK|&fV?Ybv | LOCK|<qs | $50B | |||
| Vodafone Group PLC ADR
VOD
| LOCK|%@rmYmN | LOCK|s<L | $37B | |||
| EchoStar Corp Class A
ECHO
| LOCK|!^ | LOCK|>sd | $27B |
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United States