And the continued support of Deutsche Telekom is still a powerful offset to the balance sheet pressure from absorbing Sprint.Certainly T-Mobile US’ business and share price have outperformed my expectations the past couple years. T-Mobile also now expects to generate only half as much free cash flow as the pre-merger company. That compares with just 12 of the 34 who rate AT&T and 10 of the 35 that track Verizon. The S&P 500 and the Dow Jones Industrial Average fell by 2.9% and 2.7%, respectively. In comparison, AT&T has returned -25.4% YTD.On Tuesday, T-Mobile stock was trading 3.4% above its 20-day moving average of $81.14. But more important, thanks to persevering with the Sprint merger, it finally has sufficient scale for this "get big or go home" industry.
Also, analysts expect an adjusted EPS of $0.87 in the first quarter compared to $0.86 in the first quarter of 2019.On Tuesday, T-Mobile stock rose 0.9% and closed at $83.90 with a market cap of $71.9 billion. And it sold $4 billion in new bonds, which should ease refinancing for the $6.3 billion in maturing debt over the next 18 months.That’s a decidedly mixed bag of news for a company now carrying $64.3 billion in debt, virtually all sub-investment grade. Notably, the stock was trading 17.2% below its 52-week high of $101.35 and 32.1% above its 52-week low of $63.50.
Bellevue, Washington and Overland Park, Kansas – April 1, 2020 – T-Mobile US Inc. (NASDAQ: TMUS) announced today that it has officially completed its merger with Sprint Corporation to create the New T-Mobile, a supercharged Un-carrier that will deliver a transformative 5G network.
Sievert will replace John Legere. Rather, since failing to merge with AT&T in the previous decade, the company has repeatedly positively surprised with its ability to take wireless phone customers from both larger and smaller rivals.Like other telecom giants, T-Mobile appears to be on the brink of gaining major new revenue streams from 5G communications.
Sprint Stock Soars After Judge Approves Its Merger With T-Mobile. That compares to losses of roughly 20 percent for T-Mobile US also draws a "buy" rating from 21 of the 26 Wall Street analysts who track it according to Bloomberg Intelligence.
Currently, analysts expect a 5.8% and 6.5% rise in the company’s 2020 and 2021 sales, respectively. Can paying a generous dividend be that far behind?I’ve advised individual investors and financial institutions on income investing for 35 years, the last seven as editor and publisher of I’ve advised individual investors and financial institutions on income investing for 35 years, the last seven as editor and publisher of Opinions expressed by Forbes Contributors are their own.Ι’ve advised individual investors and financial institutions on income investing for 35 years, the last seven as editor and publisher of Conrad’s Utility Investor. So far, T-Mobile stock has risen 7.0% YTD (year-to-date) as of Tuesday. The merger deal also won a legal challenge that was filed by more than a dozen state attorneys general on antitrust concerns.In addition, Mike Sievert was appointed as the CEO of New T-Mobile, effective immediately. Meanwhile, they expect an adjusted EPS of $4.48 and $5.38 in 2020 and 2021, respectively.AT&T will likely post sales of $44.5 billion in the first quarter—a fall of 0.6% YoY from sales of $44.8 billion in the first quarter of 2019. Approximately 24 hours after the news that the merger would be allowed after all, T-Mobile's stock price was up 1.65% to $96.05, while the price of Sprint … Meanwhile, the stock is trading 2.2% below its 50-day moving average of $85.80 and 2.4% above its 100-day moving average of $81.95. Also, analysts expect the company to post an adjusted EPS of $1.01 in the first quarter compared to $1.06 in the first quarter of 2019. If the deal is approved. The figure would mark a rise of 3.2% YoY (year-over-year) compared to $11.1 billion in the first quarter of 2019. T-Mobile US, Inc. and Sprint Corporation ended months of speculation with an all-stock merger agreement over the weekend, but the news was … Shares of Sprint soared Tuesday after a U.S. district judge ruled in favor of its $26 billion deal to merge with T-Mobile.. Not only are its earnings more reliable and the balance sheet stronger. That was up from an early May forecast of zero to 150,000, a strong performance in light of Covid-19 limitations on selling channels. The merger deal between T-Mobile and Sprint consolidates the third and fourth-largest US wireless service providers.