Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nasdaq  >  T-Mobile US    TMUS

T-MOBILE US

(TMUS)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

T Mobile US : Mobile's subscriber boos challenges A& for spo as second-larges U.S. carrier

08/06/2020 | 10:40pm EST
A T-Mobile logo is seen on the storefront door of a store in Manhattan

T-Mobile US Inc added more monthly phone subscribers than expected in the second quarter and said on Thursday it has overtaken rival AT&T Inc as the second-largest wireless provider in the United States.

T-Mobile got a boost as more people used its services to stay connected and work remotely during coronavirus lockdowns, sending shares up 5.4% to $114.02 in extended trading.

The company said it has overtaken AT&T across postpaid, in which customers pay a recurring monthly bill, and prepaid phones - customers paying for service in advance.

T-Mobile reported 98.3 million customers in those categories, while AT&T had nearly 93 million postpaid and prepaid subscribers in its second quarter.

Subscriber figures between U.S. carriers can be difficult to compare given the variety of plans offered. AT&T declined to comment.

T-Mobile added 253,000 net new phone subscribers who pay a monthly bill, compared with 710,000 additions a year earlier.

Analysts had expected 169,200 new subscribers, according to research firm FactSet. 

The carrier, which completed its merger with Sprint in April, reported the quarterly results as a combined company for the first time.

T-Mobile said during the earnings call with analysts that more than 10% of network traffic from Sprint's postpaid customers have been migrated to T-Mobile.

The carrier has sought to attract budget-constrained customers with its cheaper phone plans after the pandemic left millions of people in the United States unemployed.

T-Mobile's second-quarter net income fell to $110 million, or 9 cents per share, from $939 million, or $1.09 per share, a year earlier, due to Sprint merger costs.

Revenue jumped 61% to $17.67 billion, above analysts' estimates of $17.61 billion, according to IBES data from Refinitiv.

By Sheila Dang and Munsif Vengattil


© Reuters 2020
All news about T-MOBILE US
11/23T MOBILE US : Mobile's Go Serious Holideals for All
AQ
11/20T MOBILE US : Mobile Makes 988 Emergency Lifeline's Criical Menal Healh Suppor S..
BU
11/19T MOBILE US : Mobile Rolls Ou Appreniceship Program Offering Indusry-Leading Car..
BU
11/19MORE HAPPY HOLIDEALS AT T-MOBILE : Get a FREE Pixel 4a with 5G or the Samsung S2..
BU
11/19T MOBILE US : Mobile's Go Serious Holideals for All
BU
11/19T-MOBILE US : JP Morgan reaffirms its Buy rating
MD
11/17MASAYOSHI SON : SoftBank's Son wants to deploy cash on public and private firms
RE
11/17TESLA, T-MOBILE, WALMART, WALGREENS : What to Watch When the Stock Market Opens ..
DJ
11/17TESLA, T-MOBILE, WALMART, WALGREENS : What to Watch When the Stock Market Opens ..
DJ
11/17TESLA, T-MOBILE, RA MEDICAL SYSTEMS : What to Watch When the Stock Market Opens ..
DJ
More news
Financials (USD)
Sales 2020 67 840 M - -
Net income 2020 2 770 M - -
Net Debt 2020 67 691 M - -
P/E ratio 2020 52,4x
Yield 2020 -
Capitalization 160 B 160 B -
EV / Sales 2020 3,35x
EV / Sales 2021 2,94x
Nbr of Employees 53 000
Free-Float 47,2%
Chart T-MOBILE US
Duration : Period :
T-Mobile US Technical Analysis Chart | TMUS | US8725901040 | MarketScreener
Technical analysis trends T-MOBILE US
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 29
Average target price 146,20 $
Last Close Price 131,90 $
Spread / Highest target 63,0%
Spread / Average Target 10,8%
Spread / Lowest Target -18,1%
EPS Revisions
Managers
NameTitle
G. Michael Sievert President, Chief Executive Officer & Director
Timotheus Höttges Chairman
Peter Osvaldik EVP, Chief Financial & Accounting Officer
Neville R. Ray President-Technology Department
Cody Sanford Executive VP & Chief Information & Product Officer
Sector and Competitors
1st jan.Capitalization (M$)
T-MOBILE US64.17%159 790
AT&T INC.-25.82%206 555
SOFTBANK GROUP CORP.49.05%126 414
CHINA MOBILE LIMITED-27.25%125 877
NTT DOCOMO, INC.27.52%119 956
KDDI CORPORATION-5.81%67 589