T-Mobile Seen Morphing Into Free Cash Flow Machine
The “Uncarrier”-branded promotions of T-Mobile US (TMUS) will deliver sustainable, positive free cash flow as it continues to gain subscribers despite fierce wireless competition, says Morgan Stanley, which rates T-Mobile a top global telecom stock pick along with Vodafone (VOD) and China Unicom (CHU). T-Mobile, controlled by Germany’s Deutsche Telekom (DTEGY), will eke out $47 million in free cash flow in 2015, estimates Morgan Stanley. Analyst