T-Mobile (TMUS) Tops Q2 EPS by 5c, Slight Miss on Revenues; 'Continued Strong Outlook for 2018'
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Go back to T-Mobile (TMUS) Tops Q2 EPS by 5c, Slight Miss on Revenues; 'Continued Strong Outlook for 2018'
August 1, 2018 4:19 PM EDT
By Sheila Dang
(Reuters) - T-Mobile US Inc (NASDAQ: TMUS) on Wednesday said it added far more wireless subscribers than Wall Street had expected, as the third-largest U.S. wireless carrier invests in its network while awaiting regulatory approval to buy rival Sprint Corp (NYSE: S).
T-Mobile Chief Executive John Legere said in an interview he felt confident regulators will approve the current merger structure without having to divest parts of the business.
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August 1, 2018 7:41 AM EDT
By Sheila Dang and Shariq Khan
(Reuters) - Sprint Corp (NYSE: S) on Wednesday topped analysts' estimates for quarterly profit and new wireless subscribers, but said the higher prices for its revamped phone plans could affect future growth.
The fourth-largest U.S. wireless carrier, which has faced high costs needed to invest in its network, is working to convince regulators to approve its merger with T-Mobile US Inc (NASDAQ: TMUS). The combined company would have more resources to build its next-generation wireless network, or 5G.
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July 30, 2018 9:03 AM EDT
By Eric Auchard
LONDON (Reuters) - T-Mobile US (NASDAQ: TMUS) named Nokia to supply it with $3.5 billion in next-generation 5G network gear, the firms said on Monday, marking the world's largest 5G deal so far and concrete evidence of a new wireless upgrade cycle taking root.
No.3 U.S. mobile carrier T-Mobile - which in April agreed to a merger with Sprint (NYSE: S)... More
