T-Mobile And YouTube In Throttling Spat

Loading...
Loading...
YouTube is claiming that T-Mobile Us Inc
PCS
latest "Binge On" program is causing interferrance with its video traffic, according to
The Wall Street Journal
. T-Mobile Us had a price of $ 39.26 on Wednesday. The company forecasts its earnings per share growth of 138.39 percent in the coming year. T-Mobile US has a total market cap of $ 32037.73, a gross margin of 50.90 percent while the profit margin is 1.60 percent. The company's ROI is 3.10 percent. "Reducing data charges can be good for users, but it doesn't justify throttling all video services, especially without explicit user consent," a YouTube spokesman said to the WSJ. According to the
The Internet Association
, Binge On "appears to involve throttling of all video traffic, across all data plans, regardless of network congestion." Binge On delivers video at low quality in exchange for waiving the data fees related with the service. The Binge On program was just announced in November. The program lets T-Mobile users stream videos from services such as HBO, Netflix, and Sling TV at DVD-quality (480p resolution). T-Mobile users have the option to turn the program on and off. T-Mobile has yet to respond directly to YouTube's throttling accusations. PCS shares were up 45.7 percent year-to-date as of the close of trading on Tuesday. The average volume for T-Mobile US is 4.9 million shares per day over the past 30 days. The company has a market cap of $31.8 billion.
Loading...
Loading...
Market News and Data brought to you by Benzinga APIs
Posted In: NewsTechTrading Ideas
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...