T-Mobile-Sprint drama overshadows ‘industry’s best growth story,’ says analyst

T-Mobile US Inc.’s latest earnings show that the company is doing just fine on its own — even as the company’s deal for Sprint Corp. reportedly nears approval from federal regulators.

“For a long time, T-Mobile was prioritizing growth over profitability,” wrote Moffett Nathanson analyst Craig Moffett, in a note to clients. “For the second straight quarter, they’re delivering both.” He said the company showed off its best-ever margin and churn numbers in the most recent period while proving its case to him as “by far, the industry’s best growth story.”

The company ended up indefinitely postponing its post-earnings conference call, which was scheduled for Thursday after the closing bell. Earlier in the week, T-Mobile had pushed the call back to Thursday afternoon from Thursday morning.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Justice Department in Talks With States to Win Support for T-Mobile, Sprint MergerThe Justice Department is pushing state officials to support a planned settlement that would allow T-Mobile US and Sprint to merge by selling assets to Dish Network. This to me seems like something the DOJ isn’t supposed to be used for 🤷🏾‍♂️ CGasparino budswdrbobbillw The DOJ should not be negotiating on behalf of Corporations, this is wrong. They should not merge. No more monopolies.
Source: WSJ - 🏆 98. / 63 Read more »