Wrong. T-Mobile's choice of opponents is not set by which company is the closest in competition but which one is either most vulnerable or has the largest marketshare and margins to be gained for x amount of expenditure. Sprint is struggling to the point that they are boxed into a corner that makes it difficult to make late game points against the champion players in the field, Verizon and AT&T. T-Mobile is their nearest rival.. the company most like them in size and segments of the market they pursue and the company that has been taking the most out of their hide and that captured the vanguard position as the underdog up against the BORG conspiracy of the "Dumb and Dumber", as Legere puts it, operators,. Therefore, Sprint is striking out at T-Mobile leaving them no choice but to defend and counterattack the opponent.
An ulterior motive for TMUS is to drive Sprint from the brink of insolvency to go over the edge into financial restructuring. T-M might chance to pick up pieces of LTE Band 41 spectrum that are spun out or might be allowed to do some form of M&A if regulators figure that it is better to have a viable 3rd wireless competitor than a broken down relic plus three.
So... For all its worth, I thought I would share my experience with T-MO. I have been a customer for around three years now on the simple choice plan. I originally chose T-MO for their very reasonable pricing and unlimited data (even if all of it wasn't 4G). I didn't want to worry about data caps. Although I rarely ever go over by 1GB allotment, the times that I have I don't notice that much of a difference after data is throttled. I live in the Baltimore metro region, so coverage is excellent and has steadily improved in the rural communities in neighboring counties. Additionally, the data is blazing fast.
Things that keep me as a loyal customer:
1). The company is very consumer-friendly. Their customer service is spot on and I've never had an issue that wasn't resolved.
2). Price is unbeatable.
3). I don't worry about getting charged fees or overages for every little move I make.
4). I went on an international missions trip shortly after they announced unlimited international data and it was fantastic. Any other carrier would have charged me over $3,000 for the data I used on this trip and it didn't cost me a penny. Everybody else that was with me was so jealous that I could use my phone like we were in the US. They were so worried that if their data wasn't turned off, the apps running in the background would run up hundreds in fees in mere minutes. I even gave them all a hotspot! They were all impressed with T-MO.
5). The company is constantly looking for ways to gain a competitive advantage at the benefit of cellular customers of EVERY carrier (capitalism rocks).
6). They offer promotions that benefit existing customer as well as new customers (i.e. recent announcement of unlimited 4G data for the next three months)
7). Coverage is steadily improving.
8). Free music streaming! Another feature that makes all of my friends on Verizon jealous.
I have been so happy with the service and am impressed with the company they've made an investor out of me!
Wrong. The public that matters are new and existing customers, not competitors, disgurntled employees, investors in competitors stocks, etc.
Legere does not have to be to your liking. The test is whether people like buying from T-Mobile, not whether they like the CEO or not. TMUS has been consistently gaining share against the field which says that increasing numbers of people like the service. Although it is not something easily measured, it implies they either like or don't care about the CEO's personality or what he says.
"Wah, wah, wah, I don't like that TMUS has gained marketshare, increased sales and earnings and has continued its momentum."
If T-Mobile's results turn negative including losing subscribers, then it might be fair to infer some changed to other carriers because they didn't like Legere. Until then, you are a buttocks head.
you are a slanderous basher and I can honestly say I am tired of you!!!!!!!!
TMUS is at a strong support level near 37.50 but has recently shown weakness that might see increased pressure due to the threat of a 'price war' with rival junkyard dog Sprint (S).
The price level corresponds to trend channel lows seen four times over the past six months and the 200-day moving average. The next major support levels are ~35 and then 33.25.
Bullish indicators: Accumulate/distribution shows bullish divergence. MACD and Stochastic indicators show oversold condition but have not reached high probability 'extremely oversold' territory.
What to do now: set order to buy or sell on a breakout higher or a breakdown through the current support level followed by momentum following stop-loss orders... (or if you already hold long or short).
The trend remains your friend so long as T-mobile continues to gain market share or they transition to achieving higher margins and profits, the stock remains a mid-long term buy IMO.
Let's face it Legere is a crass low life, peddling a highly inferior network that has no chance of catching up because T-Mobile can't afford to bid on spectrum.
Wrong. It is not giving away profits so long as the result is continued growth in marketshare. T-Mobile has reached over 18% US marketshare. If the rapid pace of customer acquisition continues through next year, TM will be at about 25%, a scale that is close enough to the leading operators, Verizon and AT&T to help ensure long term profitability.
What you argue for is short-sighted.