Mobile device owners have fallen in love with T-Mobile and so has Wall Street. The company's shares have far outpaced those of Verizon and AT&T over most time periods.
, trailing only longtime leader Verizon. Even the departure of Legere in April 2020 hasn't slowed down the company which is about to pick up some more valuable 2.5GHz mid-band spectrum at a favorable price.T-Mobile has also been discovered on Wall Street. Dow Jones'recently wrote,"It used to be Verizon Communication world, but wireless now belongs to T-Mobile US." Over the last year, T-Mobile's shares have risen 5.25% to $144.78.
Now, T-Mobile is turning its focus to rural markets and enterprise users where it currently has market shares in the low teens and high single digits, respectively. Historically, T-Mobile and Sprint have trailed Verizon and AT&T in these markets, but T-Mobile is aiming to grab a 20% share in both by 2025. We've recently seen an increase in television ads for T-Mobile's service for businesses.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
SpaceX and T-Mobile to connect Starlink satellites to mobile phonesInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Read more »
Musk's SpaceX and T-Mobile plan to connect mobile phones to satellites, boost cell coverageU.S wireless carrier T-Mobile US Inc will use Elon Musk-owned SpaceX's Starlink satellites to provide mobile users with network access in parts of the United States, the companies announced.
Read more »
T-Mobile partners with SpaceX to 'end mobile dead zones' | Digital TrendsTMobile is partnering with SpaceX to dramatically boost its cellphonecoverage in an effort to 'end mobile dead zones.'
Read more »
Musk's SpaceX and T-Mobile plan to connect mobile phones to satellites, boost cell coverageThe new plans, which would exist alongside T-mobile's existing cellular services, would cut out the need for cell towers and offer service for sending texts and images where cell coverage does not currently exist, key for emergency situations in remote areas, Musk said at a flashy event on Thursday at his company's south Texas rocket facility. Starlink's satellites will use T-Mobile's mid-band spectrum to create a new network.
Read more »
Dow Jones, S&P 500 Outlook: Retail Traders Rethink Wall Street Exposure as Prices FallRethinking a 2023 Fed pivot has not been the only thing in retail traders’ minds. Losses on Wall Street have seen them increase Dow Jones and S&P 500 long exposure. Is more pain ahead for stocks? Get your market update from ddubrovskyFX here:
Read more »
Wall Street Analysts: China's TikTok Is 'Crack Cocaine' that Could 'Ruin' the InternetTop Wall Street analysts recently stated that they could only think of one comparison to TikTok in terms of its addictive nature — crack cocaine. According to Wall Street, Communist China's TikTok could 'ruin' the internet.
Read more »