What's Happening With T-Mobile Stock? [Forbes]
Verizon Communications Inc. (VZ)
Last verizon communications inc. earnings: 4/24 07:30 am
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Source: Forbes
posted better-than-expected Q1 earnings, as the carrier continues to see multiple tailwinds from its 2020 acquisition of rival Sprint. While earnings came in at $2.00 per share, revenue remained almost flat at $19.59 billion. So what lies ahead for T-Mobile stock? T-Mobile continued to lead the industry in terms of postpaid phone net additions, adding 532,000 connections for the quarter. Although net adds were slightly lower compared to the year-ago quarter, they remain the best in the industry. Moreover, T-Mobile has been capturing a higher share of industry net customer additions led by its deployment of valuable mid-band spectrum for 5G wireless technology. The mid-band spectrum offers a good balance between speed and coverage, compared to the millimeter-wave spectrum - which offers ultra-fast speeds but weak coverage - that rivals Verizon and AT&T initially focused on. T-Mobile has also made steady inroads into the broadband market with its fixed wireless broadband offering,
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News
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VZ
Earnings
- 4/22/24 - Beat
VZ
Sec Filings
- 5/13/24 - Form 8-K
- 5/13/24 - Form 424B2
- 5/13/24 - Form 424B2
- VZ's page on the SEC website