Telecom, Media & Semi Updates: NFLX, T, S, DISH & AMD

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Below we present a summary of key updates that might be of interest to investors interested in technology stocks. This update includes AT&T ( T ), Netflix ( NFLX ), Sprint ( S ), Dish Network ( DISH ), Intel ( INTC ), AMD (AMD) and Nvidia (NVDA).

Netflix

Netflix recently announced significant changes to its subscription plans. The company has now separated its DVD plans from streaming as well as made the combination of both 60% more expensive than before.

Also, Goldman Sachs released a research note regarding its expansion into Latin America stating that the company has potential to become an alternative to pay-TV services in this region due to a lack of competition from pay-TV providers.

AT&T

AT&T has reportedly dropped the price of its popular e-reader Kindle 3G by $50. This device will now be ad supported. In another development, GigaOm reports that AT&T may be heading close to introducing LTE-based devices, which will have capability to fall back to HSPA+ network in case of insufficient LTE coverage.

Sprint

Sprint has been getting aggressive lately. After offering customers a credit for switching to Sprint from other carriers, the company is taking at stab at Verizon's recent shift to a tiered data plan by advertising its unlimited data plans prominently. Sprint wants to take this opportunity to lure some customers while it can.

Dish Network

Dish seems to have made its plans clearer. The company, in its recent attempt to oppose AT&T's proposed acquisition of T-Mobile, has stated that the acquisition will discourage Dish to potentially enter the mobile broadband market.

Intel, AMD, Nvidia

According to technology research firms like Gartner, demand for PCs has recovered a bit in Q2 2011. However, tablets continue to cannibalize traditional PC sales.



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing , Investing Ideas , Stocks , US Markets

Referenced Stocks: DISH , INTC , NFLX , S , T

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