T-Mobile reported 850,000 net new postpaid phone additions which was more than the number reported during Q3 for both Verizon and AT&T combined.
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So how is AT&T stock doing when factoring in the dividend?
T-mob money is coming right back to AT&T who supplies the fiber pipes to and from the cell towers that T-mob uses. One of their biggest customers, if they want more, time for a price adjustment.
AT&T should have acquired T-Mobile years ago.
T simply cannot compete with promotions like ones offered by TMO and V due to our financial instability. This company is hugging sand on both revenue and margin, but it won’t last forever. Once the board approves divestiture of several business units , T might be able to limp back into relevance. Until then, layoffs will continue at a fever pitch.
Former laid off employee here. I’m one of those that switched to T-Mobile and took my 8 family lines with me.
Have you seen where T-Mo stock is ?
$163 !!
They MUST be doing something right!
Vz and Tmus both had turn in any phone in any condition promotions during holidays. T did not. I expect mobility numbers to be horrible on upcoming earnings.