T-Mobile is quietly killing it, though merger developments are grabbing all the headlines.
T-Mobile US Inc.’s latest earnings show that the company is doing just fine on its own — even as the company’s deal for Sprint Corp. reportedly nears approval from federal regulators.
“For a long time, T-Mobile was prioritizing growth over profitability,” wrote Moffett Nathanson analyst Craig Moffett, in a note to clients. “For the second straight quarter, they’re delivering both.” He said the company showed off its best-ever margin and churn numbers in the most recent period while proving its case to him as “by far, the industry’s best growth story.”
The company ended up indefinitely postponing its post-earnings conference call, which was scheduled for Thursday after the closing bell. Earlier in the week, T-Mobile had pushed the call back to Thursday afternoon from Thursday morning.
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