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

Below we present a summary of key updates that might be of interest to investors interested in technology stocks. This update includes AT&T (NYSE:T), Netflix (NASDAQ:NFLX), Sprint (NYSE:S), Dish Network (NASDAQ:DISH), Intel (NASDAQ:INTC), AMD (NYSE:AMD) and Nvidia (NASDAQ: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. ^[1]

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. ^[2]

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. ^[3] 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. ^[4]

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. ^[5]

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. ^[6]

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. ^[7]

1. Press release from Netflix, July 12 2011 [↩]
2. Netflix could beat cable TV in Latin America, GigaOm, Jul 11 2011 [↩]
3. Kindle 3G drops $50 in price thanks to ads, AT&T, FierceWireless, Jul 14 2011 [↩]
4. AT&T’s first LTE devices poised for summer debut, GigaOm, Jul 12 2011 [↩]
5. Sprint scolds Verizon’s tiered data plans with new unlimited ads, FierceWireless, Jul 12 2011 [↩]
6. Dish hints at possible wireless plans in AT&T/T-Mobile deal opposition, FierceWireless, Jul 11 2011 [↩]
7. Tablets Continue to Dent PC Sales, The New York Times, Jul 13 2011 [↩]