Jim Cramer: Verizon Is Feeling the Heat From T-Mobile and Sprint
Jim Cramer says Verizon is feeling the competition from rivals T-Mobile and Sprint.
TheStreet's Action Alerts PLUS Portfolio Manager Jim Cramer says Verizon Communications (VZ) - Get Report is feeling the competition from rivals T-Mobile (TMUS) - Get Report and Sprint (S) - Get Report . "This is a uniquely well-run industry," Cramer says, referring to the telecom space. "I think the campaigns by T-Mobile and Sprint are doing well." Verizon's third quarter revenue of $30.93 billion missed estimates of $31.08 billion. Earnings of $1.01 a share eclipsed the $0.99 Wall Street analysts had expected. Cramer says he likes the executives of all three aforementioned telecom companies.









