luv2trade
2023-01-05

My first trade was $T-Mobile US(TMUS)$ . T-Mobile provides voice, messaging and data services to more than 100 million customers in the U.S., Puerto Rico and the U.S. Virgin Islands. The company's two brands are T-Mobile and Metro by T-Mobile, formerly MetroPCS.

T-Mobile stock is up 20% in 2022 on the strength of industry-leading customer acquisition. Two years after its merger with Sprint, T-Mobile is growing its postpaid phone business faster than ever (and faster than peers Verizon and AT&T). The company is also showing momentum in its high-speed internet business—adding nearly 1.5 million customers year-to-date.

Third-quarter revenues increased 4% over the prior year, while free cash flow increased 32%. Net income of $508 million in the third quarter was down 26.5% due to merger-related costs of $972 million.

The company is still working through its Sprint integration plan. With progress to date ahead of schedule, T-Mobile recently raised its merger synergies guidance. The company had previously estimated merger-related cost savings of $5.4 billion to $5.6 billion. The new estimate is $5.7 billion to $5.8 billion.

T-Mobile has also announced that its 5G network now covers 323 million people. That includes 260 million people covered by T-Mobile's super-fast Ultra Capacity 5G network. More coverage and faster speeds, combined with competitively priced plans, low customer churn and an investment-grade balance sheet, can only help T-Mobile's momentum going forward.

2023: Post Your First Trade!
Happy New Year to All Tigers!!! 2022 is miserable for most of us. But new year brings us new attitude and luck. I'd like to invite you to post your very first trade in 2023! ----- [TOPIC] How do your first trade perform? Is it a DCA routine trade or a stock you suddenly decide to buy? How do you feel about your first trade? ----- [REWARDS] Join our topic and win at least 50 tiger coins~
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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