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Stocks ended mixed after crude slumped to three-week lows as hopes of an OPEC deal faded.
T-mobile is likely to reach $60 to $65 per share in the next 12 to 18 months, delivering premiums of 15% to 20% on the strength of its subscribers.
Telecom equipment makers such as Ciena and Juniper Networks could suffer if AT&T chooses to prioritize capital spending on content rather than on its network.
AT&T's bold attempt at vertical consolidation may cause media, telecom, and pay-TV firms to all reconsider their strategies.