T-Mobile US, has reportedly been in talks with
Verizon to carve up
U.S. Cellular. Simultaneously, the company aims to boost its network with a US Cellular Asset Buyout, carrying out a
$4.4 billion deal. This major move caused U.S. Cellular's stocks to surge, however, T-Mobile's earnings missed predictions, potentially leading to
price hikes. As T-Mobile seeks to acquire U.S Cellular Wireless Operations, they aim to deliver exceptional value, superior
5G experience, and great benefits to customers. Reports suggest strong
growth and
earnings surpassing forecasted expectations. Some insider selling at T-Mobile has been noted, such as Deutsche Telekom, a director and 10% owner of the company. T-Mobile also plans to invest
$950 million in a joint venture with EQT to purchase fiber optic network provider Lumos, enhancing rural coverage through the acquisition of U.S Cellular. The company continues to report soaring
net income and
EPS in 2023. T-Mobile's partnership with EQT will allow them to acquire Lumos and build the Un-Carrier's
first fiber footprint. Despite recent insider selling, T-Mobile maintains industry-leading customer and revenue growth, setting up a strong outlook for 2024.
T-Mobile Us TMUS News Analytics from Wed, 25 Oct 2023 07:00:00 GMT to Sun, 14 Jul 2024 13:23:56 GMT -
Rating 9
- Innovation 4
- Information 7
- Rumor -6
