The $1.5 trillion tax cuts that the government passed last month is beginning to look great for companies like AT&T or Verizon, which had a bunch of deferred taxes on their books. After Verizon announced it can now tack $17 billion in extra profit to its quarterly results, thanks to the new tax law, AT&T came out swinging, and booked $20 billion in Q4.
Google is running a new promotion for its music streaming service, Play Music. New subscribers will now receive four months of free Google Play Music service, but after the trial period ends, they will have to pay $9.99 or £7.99.
The promotion is not available worldwide, and it seems to be limited to a few countries (US and UK). The good news is if you’re located in one of the countries eligible for the free four months trial, then you can take advantage of it even if you’re already subscribed.
Many Reddit users claim they have canceled their subscriptions to grab the free offering. …
Deutsche Bank Securities analyst Matthew Niknam claims Verizon is well-placed for growth after incurring massive postpaid subscriber losses of nearly 300,000 in the first quarter of 2017. The carrier saved itself from additional losses by adding unlimited plans in the middle of February, catching up with T-Mobile and Sprint.
According to Niknam, Verizon can add as many as 125,000 postpaid subscribers in its second business quarter if its keeps its “concerted effort to retain and grow share with an increasing focus on unlimited.” Moreover, the carrier claims unlimited …