T-Mobile US’ (TMUS) stock has hit a rough patch amid a furious Q4 and holiday season wireless marketing battle, as its M&A prospects seem to be on hold until a 2016 spectrum auction — and possibly the presidential election — are concluded. The Uncarrier-branded wireless firm continues to unleash promotions targeting Sprint (S) and AT&T (T). Cowen & Co. on Friday lowered its price target on T-Mobile stock, citing in part higher SG&A (selling,
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
As T-Mobile US (TMUS) and Comcast test the regulatory waters under new federal net neutrality rules, oral arguments in a court challenge brought by broadband service providers aiming to overturn the rules are set to begin Friday. The U.S. Court of Appeals for the District of Columbia Circuit could rule on the net neutrality case by April, analysts say. If the Federal Communications Commission’s net neutrality — also called “Open Internet” — rules