T-Mobile US Inc. (TMUS) made quite a few key moves recently which marked its growth trajectory. Post a series of acquisitions, including a hefty purchase of most of U.S Cellular's wireless operations for $4.4 Billion, TMUS has expanded its wireless network and coverage, particularly in rural areas. This strategic expansion has been a significant contributor to its stocks performing reasonably well, albeit under market performance. TMUS also exceeded analyst expectations for Q1 2024 with strong growth and increased net income. Despite insider selling shares, first trust direct indexing L.P. and various other firms have increased their stake in the company. Analysts still recommend TMUS as a buy considering its continuous growth and bolstered position in the market. Also, TMUS has plans to buy fiber optic network provider Lumos in a collaborative effort with EQT, marking its initial steps into fiber optics. There's also mention of increased dividend payout which signals a positive outlook. However, TMUS did disappoint with the wireless broadband growth slowdown and few earnings misses.
T-Mobile Us TMUS News Analytics from Wed, 25 Oct 2023 07:00:00 GMT to Sun, 07 Jul 2024 12:31:31 GMT -
Rating 6
- Innovation 4
- Information 8
- Rumor -4
