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gamesindustryblog.com May 26, 2017


Mobile US (TMUS) Tops Q1 Earnings & Revenue Estimates

28 April 2017, 01:14 | Ignacio Smith

T Mobile store in the Brooklyn borough of New York

T-Mobile quarterly profit up new subscribers top estimates

T-Mobile US Inc. lured customers away from bigger phone companies at a slower rate than in previous quarters, ahead of what analysts expect to be a busy merger season.

On all T-Mobile plans, if the network becomes intermittently congested, top 3% of data users ( 30 GB/mo.) may notice reduced speeds because of prioritization. "This is what happens when you unleash unlimited data on a network that wasn't built to handle it. T-Mobile's network was built for unlimited, so customers can experience the Galaxy S8 as it was intended - insanely-fast and without limits". Its Current ratio for most recent quarter of 1.60. T-Mobile US-branded, postpaid phone ARPU was $47.53 for the quarter, and the operator indicated that that statistics to be "generally stable" for full-year 2017 compared to last year. T-Mobile US Inc and Sprint Corp have engaged in aggressive price wars, and it appears that's catching up to AT&T. In the first quarter, AT&T lost 61,000 postpaid customers in North America, while analysts were expecting 95,000 additions. Acadian Asset Management LLC now owns 199,581 shares of the Wireless communications provider's stock worth $9,324,000 after buying an additional 197,393 shares during the last quarter. The company's stock had a trading volume of 2,275,266 shares. The consensus recommendation by Thomson Reuters analysts is Hold and their mean rating for the stock is 2.59 on scale of 1-5.

Irrespectively, T-Mobile is still taking share at a healthy pace.

Verizon mobile is one of the biggest telecommunication service providers in the U.S. with a large customer base for both telecom and wireless services. Finally, FBR & Co boosted their price objective on shares of T-Mobile US from $54.00 to $55.00 and gave the company an "outperform" rating in a report on Wednesday, January 11th. The stock presently has a consensus rating of "Buy" and a consensus target price of $65.03. Excluding items, EPS was 0.48 ₵ while adjusted revenue was $9.61 billion, Reurters reported.

The Weekend Chat: Mini Consoles
However, most may have forgotten that the resurrection of the famed 1986 game console was expected to be done on a limited basis. If the NES Classic restocking is really happening than there is hope again that more NES Classic inventory is coming in April.

T-Mobile US now carries a Zacks Rank #3 (Hold).

Looking at the current price of the stock and the 52 week high and low, it suggests that the stock is likely to go Down in the future. (NASDAQ:TMUS) shares have seen a move of 12.50%. Instinet restated a "neutral" rating and set a $65.00 price target (up from $62.00) on shares of T-Mobile US in a research note on Wednesday. Winslow Evans & Crocker Inc. now owns 3,134 shares of the Wireless communications provider's stock worth $146,000 after buying an additional 270 shares during the last quarter.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Telecom operator T-Mobile announced addition of 1.1 million new customers, 11 percent growth in service revenue, 46 percent rise in net income and 14 percent increase in capital expenditure in Q1 2017.



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