Scalper1 News
As Sprint (S) and T-Mobile US (TMUS) trade body blows in the latest round of wireless price wars, Moody’s Investors Service forecasts that 2016 industry revenue, including equipment sales, will grow around 3% to 4%. Intensified competition will continue to take a toll on profits, says the credit rating agency. Moody’s forecasts that wireless EBITDA (earnings before interest, taxes, depreciation and amortization) margins will expand about 1% in Scalper1 News
Scalper1 News