|Bid||63.95 x 1000|
|Ask||66.30 x 1000|
|Day's Range||65.55 - 66.06|
|52 Week Range||54.60 - 66.52|
|PE Ratio (TTM)||12.12|
|Earnings Date||Oct 22, 2018 - Oct 26, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||77.17|
OnePlus may get a boost in the US market with its next phone. CNET reports that according to people familiar with the matter, the OnePlus 6T will be backed by a major US carrier -- T-Mobile. While the standard version of the new model will be able to run on AT&T's and T-Mobile's networks, as has been the case with previous models, OnePlus will also release a version that's optimized for T-Mobile.
T-Mobile (TMUS) has been making efforts to attract more subscribers to strengthen its customer base. In Q2 2018, its net customer base increased 1.6 million, which was higher than the preceding quarter’s 1.4 million customer additions and 1.3 million customer additions in Q2 2017. T-Mobile’s potential merger with Sprint (S) is expected to build a customer base of ~127 million to compete with the top two US wireless carriers, Verizon (VZ) and AT&T (T), which have ~150 million and ~141 million subscribers, respectively.
Sprint (S) has been cutting its costs and reviving its profits in the wireless space. In fiscal 2017, it realized nearly $1.1 billion in net cost reductions, including lowering the cost of services and selling, general, and administrative expenses. In the fiscal first quarter, Sprint reduced by $100 million YoY (year-over-year) its combined operating expenditures across cost of services and selling, general, and administrative expenses, mainly due to lower wireline network expenses and lower bad debt and marketing expenses.
T-Mobile’s (TMUS) closing price on August 13 was $65.70 per share. Based on that closing price, T-Mobile has a market capitalization of ~$55.7 billion, the third-largest among all the major US wireless service providers. T-Mobile’s highest price in the last 52 weeks stands at $66.52 per share. Its lowest price in the last 52 weeks was $54.60 per share.
Generally, Pandora views mixing partnerships with direct marketing efforts as a way to lower its customer acquisition costs. Pandora’s marketing expenses dropped to $125.4 million in the second quarter from $145.9 million a year ago. The company has recently struck multiple partnership deals, including with AT&T (T), Snap (SNAP), and T-Mobile (TMUS). The partnership with T-Mobile involves providing special Pandora service offers to the customers of the mobile operator.
As of August 13, T-Mobile’s (TMUS) market capitalization was ~$55.7 billion, making it the third-largest US mobile carrier in terms of market capitalization. In comparison, AT&T (T) had a market capitalization of ~$233.9 billion, Verizon’s (VZ) market capitalization was ~$215.8 billion, and Sprint’s (S) market capitalization was ~$24.7 billion.
For 21 consecutive quarters until the recently reported second quarter, T-Mobile (TMUS) has been gaining more than 1.0 million wireless customers. T-Mobile recently raised its 2018 postpaid customer growth guidance, saying it expects to add 3.0 million–3.6 million postpaid wireless customers this year. T-Mobile gained 1.0 million postpaid customers in the second quarter, including 686,000 postpaid phone customers.
The wireless carrier's new strategy to make it less painful for customers to interact with it will be expensive, but CEO John Legere thinks it'll be worth it.
T-Mobile (TMUS) generated total revenues of $10.6 billion in the second quarter of 2018, which missed analysts’ expectation of $10.66 billion by 0.8%. The company’s revenue growth trend is fueled by higher service revenues as well as growth in branded postpaid and branded prepaid revenues. T-Mobile has delivered YoY growth in service revenues for the past 17 quarters.
Sprint (S) has reported robust fiscal Q1 2018 results and topped the company’s earnings and revenues. In its fiscal first quarter, Sprint posted its tenth consecutive quarter of operating income and highest adjusted EBITDA in 11 years. Sprint’s ongoing initiatives to reduce costs and expenses also helped it record back-to-back profits for the previous three consecutive quarters.
When T-Mobile (TMUS) reported its second-quarter results on August 1, this third-largest US wireless carrier posted better-than-expected earnings but missed revenue expectations. Its earnings results have consistently exceeded Wall Street estimates in the last eight quarters.
J.D. Power today announced that T-Mobile (TMUS) topped the list of the 2018 J.D. Power U.S. Wireless Purchase Experience Study—Volume 2 for full-service providers. The 2018 J.D. Power U.S. Wireless Purchase Experience Study—Volume 2 assesses wireless providers through different purchasing factors, measuring everything from knowledge and courtesy of in-store and phone reps, to website appearance, ease of navigation and cost of service.
We remain encouraged by T-Mobile's (TMUS) exclusive service offerings and expect its top line to get a boost from added subscriptions.
Now let’s take a look at T-Mobile’s (TMUS) prepaid customer net additions trend over the last few quarters. T-Mobile added 91,000 net prepaid customers in the second quarter, down from the 199,000 customers it added in the first quarter, and down from the 94,000 customers it added in the second quarter of 2017. The YoY fall was due to higher customer deactivations from the growing customer base of T-Mobile’s MetroPCS brand, which was partially offset by fewer migrations to postpaid plans.