T-Mobile and Verizon are engaged in split discussions to purchase parts of U.S. Cellular. T-Mobile's discussions relating to acquiring part of U.S. Cellular seem to be nearing an agreement. Discussions between these key players have caused a surge in U.S Cellular shares. Insider sales indicate that Telekom Deutsche has sold a significant portion of their T-Mobile US holdings. T-Mobile's Q1 2024 earnings report demonstrated strong growth, surpassing analysts' expectations. T-Mobile also announced plans to invest $950 million in a joint venture with EQT to purchase fiber optic network provider Lumos. Despite an earnings miss, T-Mobile earnings report shows they added more wireless subscribers than anticipated. The insider selling trend continued as President, Business Group Callie Field sold 5,844 company shares. T-Mobile's director sold another hefty amount of stock, worth about $30,808,098.10. Finally, the Federal Communication Commission (FCC) approved T-Mobile's deal to acquire Mint Mobile.
T-Mobile Us TMUS News Analytics from Wed, 06 Sep 2023 07:00:00 GMT to Fri, 10 May 2024 13:38:38 GMT - Rating 7 - Innovation 2 - Information 8 - Rumor -4