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News Breaks
May 1, 2014
06:12 EDTTMUST-Mobile reports Q1 adjusted EBITDA down 12.2% sequentially to $1.1B
Cites the impact of significant acceleration in customer growth. Reports Q1 revenue $6.875B, consensus $6.92B, and net income of ($151M). T-Mobile reported 2.4M total net customer additions with 1.8M total branded net customer additions for the quarter, including branded postpaid net additions of 1.3M and branded prepaid net additions of 465,000. T-Mobile ended Q1 with approximately 49.1M customers. Branded postpaid average revenue per user decreased quarter-over-quarter by 69c to $50.01.
News For TMUS From The Last 14 Days
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April 14, 2015
10:51 EDTTMUSGoogle to sell mobile phone plans directly to customers, The Information reports
Google (GOOG) is looking to sell mobile phone plans directly to customers while managing their calls and mobile data over a cellular network, reports The Information. According to people with knowledge of the plans, the new service is expected to run on Sprint (S) and T-Mobile (TMUS) networks. Google expected to reach deals to buy wholesale across to those carriers' networks. A launch this year seems likely. Reference Link
April 8, 2015
06:06 EDTTMUSSoftbank downsizing Silicon Valley presence, WSJ reports
SoftBank (SFTBF) has reduced its presence in Silicon Valley, relocating some employees to Japan and subsidiary Sprint's (S) headquarters in Kansas, The Wall Street Journal reports. The move to downsize comes after Sprint's failed bid to acquire T-Mobile US (TMUS) last year. Reference Link

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