T-Mobile Q2 Sales Growth Tops Rivals; More M&A Clout?
(TMUS) outpaced bigger rivals (T)and (VZ) by posting Q2 revenue growth of 14% early Thursday, topping Wall Street views amid signs that T-Mobile’s falling revenue per subscriber might have bottomed despite an industry price war. Analysts had forecast revenue growth of 10%. T-Mobile’s average monthly revenue per user (ARPU) for postpaid phone customers fell only 2.3% from the year-earlier period to $48.19 compared with a 5.5% drop in Q1. T-Mobile