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Jayant rates T-Mobile shares at an Outperform rating. T-Mobile's second quarter showed a telecom business still in growth mode. Total sales rose 4% from the prior year to $16.4 billion.
Sprint Corporation and T-Mobile US merged in 2020 in an all shares deal for $26 billion. The deal was announced on April 29, 2018. [1][2][3] After a two-year-long approval process the merger was closed on April 1, 2020, [4][5][6] with T-Mobile emerging as the surviving brand. The Sprint brand was discontinued by T-Mobile on August 2, 2020.
T-Mobile is the third-largest wireless carrier in the United States, after Verizon and AT&T, with 31.43% of the market share as of June 13, 2024. [ 6 ] The company was founded in 1994 by John W. Stanton of the Western Wireless Corporation as VoiceStream Wireless.
Un-carrier is a marketing campaign created by T-Mobile US with Prophet, [1] and advertising company Publicis.It debuted in March 2013, where the company introduced a new streamlined plan structure for new customers which drops contracts, subsidized phones, coverage fees for data, and early termination fees. [2]
In April, T-Mobile US reported first-quarter sales of $19.59 billion, down by 0.19% year-on-year, which missed the analyst consensus of $19.81 billion. It clocked EPS of $2.00, which beat the ...
Roughly 30% of T-Mobile's postpaid subscriber base has opted for the Go5G Next and Go5G Plus plans, Osvaldik said. The company now expects to add between 5.4 million and 5.7 million subscribers in ...
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