T-Mobile pledges three-year price clampdown if merger is approved [Reuters (UK)]
T-Mobile US, Inc. (TMUS)
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Source: Reuters
T-Mobile pledges three-year price clampdown if merger is approved | Reuters 2 Min Read WASHINGTON (Reuters) - T-Mobile US Inc told the U.S. Federal Communications Commission on Monday it would not increase prices for three years, with few exceptions, if it gets approval to buy rival Sprint Corp for $26 billion. In a letter to the FCC, T-Mobile Chief Executive John Legere asked the government to move forward “expeditiously” in reviewing the merger of the No. 3 and No. 4 wireless carriers, and attempted to allay fears the deal would mean higher prices. “While we are combining our networks over the next three years, T-Mobile today is submitting to the commission a commitment that I stand behind — a commitment that New T-Mobile will make available the same or better rate plans for our services as those offered today by T-Mobile or Sprint,” Legere wrote in the letter. Consumer advocates have said that since Sprint and T-Mobile have a big market share in prepaid plans favored by the poorest
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News
- T-Mobile US, Inc. (NASDAQ: TMUS) had its price target lowered by analysts at TD Cowen from $204.00 to $202.00. They now have a "buy" rating on the stock.MarketBeat
- T-Mobile US, Inc. (NASDAQ: TMUS) had its price target raised by analysts at Royal Bank of Canada from $184.00 to $188.00. They now have an "outperform" rating on the stock.MarketBeat
- T-Mobile's (TMUS) Q1 Earnings Top on Industry-Leading Growth [Yahoo! Finance]Yahoo! Finance
- T-Mobile US, Inc. (NASDAQ: TMUS) had its price target raised by analysts at KeyCorp from $175.00 to $185.00. They now have an "overweight" rating on the stock.MarketBeat
- T-Mobile (TMUS) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates [Yahoo! Finance]Yahoo! Finance
TMUS
Earnings
- 4/25/24 - Beat
TMUS
Sec Filings
- 4/26/24 - Form 4
- 4/26/24 - Form DEFA14A
- 4/26/24 - Form DEF
- TMUS's page on the SEC website