T-Mobile US, Inc. (TMUS) has made a series of significant moves recently. The telecom giant is engaging in talks to acquire part of
U.S. Cellular, and has gotten the FCC's green light for its deal to purchase budget provider
Mint Mobile. Despite some stock underperformance, T-Mobile has reported
strong Q1 2024 earnings, outperforming competitors and surpassing analyst expectations. The firm is increasing its retail workforce in preparation for price hikes. However,
insider selling has occurred with Telekom Deutsche offloading shares of T-Mobile. The firm's
dividend payout is becoming more attractive, having contributed to US Dividend growth in Q1, and its wireless market share gains are a compelling factor. However, analysts have lowered its rating to hold. Even a
failed bid to appeal a key ruling in a Sprint merger lawsuit has not stopped T-Mobile from swallowing Mint in a massive deal. Even though its Q4 2023 earnings missed estimates, T-Mobile boasts robust subscriber additions, having invested substantially in network upgrades for West Virginia and Arkansas. Its venture with EQT to buy fiber optic network provider Lumos shows commitment to expansion, signaling a positive future for the company.
T-Mobile Us TMUS News Analytics from Thu, 07 Sep 2023 07:00:00 GMT to Sun, 26 May 2024 12:26:13 GMT -
Rating 7
- Innovation 4
- Information 8
