T-Mobile US (TMUS) has seen a surge in stock with a 52-week high on Aug. 2, driven by rising plan rates. There has been an increase in options activity and shareholder activity as 10% owner Telekom Deutsche sells shares persistently. Recently,
T-Mobile has struck a deal to obtain budget provider
Mint Mobile with approval from the US FCC and is in talks with
Verizon to acquire U.S. Cellular. These decisions promise an exceptional 5G experience and value for customers, despite earnings not meeting revenue expectations and potential price hikes.
T-Mobile’s Q1 2024 earnings show strong growth, surpassing analyst expectations and outranking leading competitors like AT&T and Verizon in subscriber addition. In addition, T-Mobile was selected by the U.S. Navy for a $2.67 billion 10-year contract, evidencing the company's strength and growth in the telecom industry. Another key benchmark for the company was the announcement of a quarterly cash dividend. Furthermore, a considerable investment of $950 million has been made into a venture with EQT to buy fiber optic network provider Lumos. A growth stock for the long-term, T-Mobile boosts network capabilities with the US Cellular asset buyout. Simultaneously, insider selling activities continue raising concerns among investors.
T-Mobile Us TMUS News Analytics from Wed, 27 Dec 2023 08:00:00 GMT to Fri, 30 Aug 2024 14:00:00 GMT -
Rating 7
- Innovation 8
- Information 9
- Rumor -5
