T-Mobile US, Inc. (TMUS) - NASDAQ
  • Fri, Jul. 22, 5:04 PM
    • As other providers move away from unlimited-data plans, Sprint (S +0.4%) is quietly testing capless plans in a handful of markets at $60/month -- cheaper than it or even T-Mobile (TMUS +1.7%) offers currently.
    • The "Unlimited Freedom" plan is reportedly being advertised in Milwaukee and Boston at $60/month with a second line for $40/month and additional lines at $25/month; Oklahoma and parts of Arizona are seeing that offer at $50/month for each of the first two lines and extras at $25/month.
    • Sprint currently offers unlimited plans at $75/month for first, $45/month for second and extras at $30/month.
    • In another positioning against T-Mobile, it looks to be throttling streaming data for those subscribers, similar to how T-Mobile runs its Binge On and Music Freedom video and music-streaming offerings.
    | Fri, Jul. 22, 5:04 PM | 28 Comments
  • Tue, Jul. 19, 1:13 PM
    • The typical metrics that telecom investors examine may not matter as much to their holdings as a favorable macroeconomic environment, industry analyst Craig Moffett writes.
    • That's accounting for the price war as well as common bellwethers like average revenue per user, he says. In most industries, developments like telecom has seen in the past year (Verizon's (VZ -0.5%) recent moves to reset pricing; T-Mobile's (TMUS -0.3%) un-carrier promotions; aggressive phone financing revamps) would spur meaty debates about valuation and growth: "But telecom isn't most industries. It has now been a full decade since fundamentals were last a major part of the telco equity performance story (good or bad)."
    • Fundamentals may matter again soon, ahead of a new iPhone introduction (that could benefit T-Mobile and Sprint (S -3.9%) more than AT&T and Verizon), and AT&T's (T -0.2%) full integration of DirecTV finances.
    • But in the meantime, macro factors are still prevalent: "When interest rates are falling and the dollar is rising, the story appears to have been pretty straightforward, after all: Buy telecom."
    | Tue, Jul. 19, 1:13 PM | 18 Comments
  • Thu, Jul. 14, 5:49 PM
    • Never one to miss out on a marketing opportunity, T-Mobile (TMUS -0.4%) has found its approach to the Pokémon Go game phenomenon by promising free data for the gamers.
    • The company is using its next "T-Mobile Tuesday" to offer free, unlimited data ("for a full year") on Pokémon Go, so playing the game won't touch users' data buckets (along with music services in the carrier's Music Freedom offering and videos in its "Binge On" product).
    • The carrier's also promising a sweepstakes for five U.S. trips and 250 winners of $100 in "PokéCoins," along with free Lyft rides and a Wendy's Frosty.
    • For its part, after a dip yesterday, Nintendo ADRs (OTCPK:NTDOY) finished up 15.2% today, and the stock was up 15.9% in Tokyo. ADRs are up 72.2% in the past five trading days.
    | Thu, Jul. 14, 5:49 PM | 6 Comments
  • Thu, Jul. 14, 3:38 PM
    • The FCC voted unanimously today to open up four bands of frequencies above 24 GHz for 5G wireless service, setting the stage for exploiting next-generation technologies for mobile transmission.
    • That's nearly 11 GHz of spectrum (3.85 GHz in licensed bands at 28 GHz, 37 GHz and 39 GHz, and 7 GHz in an unlicensed band between 64 GHz and 71 GHz).
    • The agency says companies will be able to exploit the spectrum for "fiber-fast" capabilities, up to 100 times faster than current 4G networks.
    • In addition, the agency pledged to push for opening up more millimeter wave bands as quickly as it can, via a Further Notice of Proposed Rulemaking that looks to apply today's rules to another 18 GHz of spectrum (in eight additional high-frequency bands)
    • In related stocks: (T +0.5%); (VZ -0.2%); (TMUS -0.5%); (S +1.9%); (DISH +1%); (CMCSA +0.4%); (STRP +5.7%); (GSAT -1.2%)
    | Thu, Jul. 14, 3:38 PM | 35 Comments
  • Tue, Jul. 5, 6:28 PM
    • China's Huawei is pursuing a patent complaint against T-Mobile (NASDAQ:TMUS), saying the companies didn't come to a licensing deal but that T-Mobile continues to use Huawei technologies, the Puget Sound Business Journal reports.
    • Huawei says it offered a license to use 4G technologies covered under 14 of its patents, but that T-Mobile refused the deal.
    • The Chinese giant approached T-Mobile with a licensing offer two years ago. It isn't seeking monetary damages but rather declaratory judgment that would help facilitate a licensing deal.
    | Tue, Jul. 5, 6:28 PM | 2 Comments
  • Fri, Jul. 1, 3:33 PM
    • The FCC says it will reveal the names of bidders in the forward auction portion of the broadcast incentive spectrum auction, setting the start of the next phase likely in mid-July.
    • There are about 100 parties eligible to bid and they have a payment due by 5 p.m. today, which will validate a final list. A 15-business-day period has to follow public notice of the bidders.
    • The reverse auction concluded this week with the agency needing to raise $88B to cover $86.4B in payments to broadcasters, a sum that could mean changes to the process (including multiple rounds) as the FCC works to scare it up.
    • Spectrum players: VZ, T, TMUS, S, DISH, SBGI, EVC, CMCSA, CHTR, NXST, CBS, MEG
    | Fri, Jul. 1, 3:33 PM | 29 Comments
  • Wed, Jun. 29, 7:45 PM
    • The FCC has set the cost of the spectrum being sold in the broadcast spectrum incentive auction at a whopping $86.4B -- a sum that wireless carriers may balk at.
    • That means that the FCC might have to sell less spectrum than had been expected, or use multiple rounds to settle bidding by broadcasters.
    • The current stage is the reverse auction, where broadcasters bid low to give up their low-band airwaves to the FCC -- and participation has been strong from broadcasters who might have "significantly inflated expectations," says analyst Roger Entner. That's to be followed by a forward auction round of bidding by carriers.
    • A second round of reverse auction with the broadcasters may be needed, which could slow the entire process into 2017.
    • Spectrum players: VZ, T, TMUS, S, DISH, SBGI, EVC, CMCSA, CHTR, NXST, CBS, MEG
    | Wed, Jun. 29, 7:45 PM | 36 Comments
  • Tue, Jun. 28, 2:52 PM
    • Dish Network (DISH +0.2%) is trailing the broader market today after MoffettNathanson downgraded the shares to Sell on concerns over the value of the company's spectrum cache.
    • Craig Moffett holds a $40 price target on the stock, implying just under 20% downside.
    • Several companies have the cash to acquire Dish's spectrum, including Apple, Alphabet and Amazon.com along with wireless leaders AT&T and Verizon -- but they won't make an offer, he says.
    • Between that and narrowing prospects for a merger with T-Mobile (NASDAQ:TMUS), "downward pressure" will hit Dish shares as investors realize that the spectrum isn't worth $30B as some hope, he says.
    • The option to buy out of a spectrum position might be gone, Moffett says, leaving an outright sale, and AT&T and Verizon "simply don't have the strong balance sheets many believe them to have."
    | Tue, Jun. 28, 2:52 PM | 4 Comments
  • Thu, Jun. 23, 7:53 AM
  • Tue, Jun. 14, 10:46 AM
    • 16 months after the FCC voted 3-2 to impose tough net neutrality rules through its Open Internet order, a federal appeals court has upheld the ruling.The lawsuit challenged the FCC's ability to classify Internet providers as common carriers under Title II regulations, as well as to govern wired and wireless services via the same rules.
    • The FCC's rules prohibit the blocking of legal content, the throttling of legal traffic based on content type, and the creation of "fast lanes" for certain types of content. The rules exclude services such as T-Mobile's BingeOn and Verizon's Go90, which don't count against a user's mobile data cap.
    • Shares of major U.S. ISPs haven't moved much (if at all) in response to the ruling.
    • The full ruling (.pdf)
    • U.S. ISPs/carriers: VZ, T, CMCSA, CVC, S, TMUS, WIN, CTL, FTR
    | Tue, Jun. 14, 10:46 AM | 21 Comments
  • Fri, Jun. 3, 7:26 PM
    • With T-Mobile's (TMUS +1%) next "Un-carrier' promotional event arriving on Monday, details leaking about it suggest that after the company's past push for free music and free TV, it's now pushing free equity -- a chance to earn shares of company stock.
    • The details center on an app/promotion called T-Mobile Tuesdays, which subscribers will be urged to download to get weekly freebies (like a Domino's pizza, a Wendy's Frosty and a Vudu movie download).
    • The reports suggest that downloading the T-Mobile Tuesdays app before June 21 will get existing subscribers one share of T-Mobile stock (currently priced on Nasdaq at $43.63). New customers will get the same offer, in a rolling three-week window.
    • Beyond that, referrals of other T-Mobile customers could earn subscribers up to 99 more shares per year, one at a time (or two at a time for five-year subscribers).
    | Fri, Jun. 3, 7:26 PM | 21 Comments
  • Wed, May 25, 3:24 PM
    • T-Mobile (TMUS +0.6%) has made a deal with Leap Licenseco (AT&T's Leap) to buy 12 MHz of 700 MHz A-block spectrum in Chicago.
    • That low-band move should shore up the carrier's extended-range LTE efforts in Chicagoland. And it makes T-Mobile 10 for 10 in having 700 MHz A-block spectrum in the top 10 U.S. markets.
    • That will bring extended-range LTE (double the distance, four times better in buildings) to 269M Americans, 83% of the population.
    • The deal should close in Q4 after regulatory approvals, after which T-Mobile can put it to use.
    | Wed, May 25, 3:24 PM | 2 Comments
  • Mon, May 9, 9:58 AM
    • T-Mobile (TMUS +1.1%) is joining the Cuba-opening parade by signing its own roaming deal there, via an interconnection agreement with its state telecom.
    • The agreement with Empresa de Telecomnicaciones de Cuba (Etecsa) means customers can roam on the network while in Cuba and enjoy cheaper calling to the country from the U.S. (65% lower than before, at $0.60/minute, when adding a $15/month "Stateside International Talk" feature).
    • More than a third of Cuban-born wireless customers are with T-Mobile, the company says, and it's the No. 1 requested addition by customers to its roaming lineup.
    • Now read T-Mobile: Same Struggle Holds Back The Stock »
    | Mon, May 9, 9:58 AM
  • Tue, Apr. 26, 12:17 PM
    • T-Mobile (NASDAQ:TMUS), up as much as 2.5% after it swung to a profit in Q1, has turned down 2.3% on the day even as analyst takes start to roll in with positivity around a strong quarter and expectations that the carrier can outperform guidance that was raised but still looks easily attainable.
    • The company raised guidance on net postpaid customer adds this year to 3.2M-3.6M; JPMorgan's Phil Cusick called that "typically conservative" and said he's looking for more upside through the year. Cusick has the stock rated at Overweight with a price target of $49, implying 21% upside.
    • Oppenheimer's Tim Horan also thinks the net add forecast looks conservative and praised cash EBITDA margin of 25% vs. his forecast of 23% -- "which given the strong adds was exceptional."
    • Meanwhile, Craig Moffett called it a "blowout" result where the company cut bad debt (amid industry concerns about phone financing) and also sported "near record-low postpaid customer turnover."
    • Oppenheimer's Horan has an Outperform rating and price target of $48.
    • Now read T-Mobile: The Price Of Peace With YouTube Is High »
    | Tue, Apr. 26, 12:17 PM | 3 Comments
  • Tue, Apr. 26, 9:27 AM
    • T-Mobile (NASDAQ:TMUS) is up 2% in premarket trading following Q1 results where it swung to a profit, crested 2M net subscriber additions again and guided for still more adds this year.
    • Revenues overall were up 10.5% and service revenues grew 13% to $6.6B, making up for flatter equipment sales. Its EPS of $0.56 was a swing from a year-ago loss per share of $0.09, aided by a $0.46 after-tax impact from spectrum gains.
    • Net customer adds of 2.2M surpassed solid estimates that saw it adding just under 2M on a net basis. The company's now guiding to add 3.2M-3.6M net postpaid customers this year, raising its earlier target of 2.4M-3.4M.
    • Churn rose a bit, to 1.33% from a year-ago 1.3%. Branded postpaid phone ARPU was $46.21, down 0.5% Y/Y and down 3.8% sequentially.
    • Along with raising its postpaid adds target, it's raising its target on EBITDA to $9.7B-$10.2B from a previous forecast of $9.1B-$9.7B (and vs. consensus for $9.42B).
    • Press Release
    | Tue, Apr. 26, 9:27 AM | 3 Comments
  • Tue, Apr. 26, 6:02 AM
    • T-Mobile US (NASDAQ:TMUS): Q1 EPS of $0.56 may not be comparable to consensus of $0.10.
    • Revenue of $8.6B (+10.5% Y/Y) beats by $200M.
    • Press Release
    | Tue, Apr. 26, 6:02 AM | 4 Comments
Company Description
T-Mobile US, Inc. provides mobile communications services under the T-Mobile, MetroPCS, and GoSmart brands in the U.S., Puerto Rico, and the U.S. Virgin Islands. It offers postpaid and prepaid wireless voice, messaging and data services, and wholesale wireless services. The company also provides... More
Sector: Technology
Industry: Wireless Communications
Country: United States