“Shares of T-Mobile USA (TMUS) are up 17 cents, or 0.9%, at $20.09, after Deutsche Bank’s Brett Feldman raised his rating on the shares to Buy from Hold, and set a $28 price target, writing that it trades at a ‘significant’ discount to peer stocks while there it has ‘operating momentum,'” Tiernan Ray reports for Barron’s.
“On the operations side, Feldman thinks the company’s planned upgrade to its network to support ‘long-term evolution,’ the higher-capacity 4G cellular standard, will help it leapfrog Sprint-Nextel,” Ray reports. “Feldman also thinks T-Mobile will recoup a decline in gross subscriber additions to 11% growth in Q1 from 15% two years earlier, now that it has Apple‘s (AAPL) iPhone.”
Ray reports, “Feldman thinks estimates can go higher as the combined T-Mobile and MetroPCS expand into new markets.”
Read more in the full article here.
But I thought it was all about “hyper-innovative” Samsung Android phones????
“hyper-innovated” Samsung…
Best laugh of the day!
Spelling police: “hyper-innovative”…. I was laughing while I was typing. Blame Peter!
This is why operators are happy to pay Apple subsidies, the iPhone brings in the business.
Has anyone switched from AT&T to T-Mobile? Wondering how the service compares. I like the idea of free tethering for my non-cellular iPad, among other features…
Mere anecdote:
Leo Laporte was singing the praises of T-Mobile in his area (Petaluma, CA) this past week. He’s had mega-trouble with AT&T and is talking about dumping them. Whether he will or not leaves us in *suspense*.
But, but but . . . Apple is dead, isn’t it. There are so many folks switching from one network to another just to get a Samsung phone, aren’t there?
Does this put another nail in Sprint’s coffin? I can only hope.