T-Mobile US strikes JV to build fibre footprint
T-Mobile pulled the trigger on a deal to form a joint venture (JV) with investor EQT to acquire US-based FTTH provider Lumos Networks.
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T-Mobile pulled the trigger on a deal to form a joint venture (JV) with investor EQT to acquire US-based FTTH provider Lumos Networks.
T-Mobile will invest $950 million for a 50% stake in a joint venture with EQT for fiber operator Lumos. The deal represents T-Mobile's deepening interest in moving beyond fixed wireless to fiber.
T-Mobile US on Thursday raised its annual forecast for monthly bill-paying phone subscriber growth, as more customers tap into its discounted plans and on expansion of 5G network coverage. ...
T-Mobile reported quarterly earnings of $2.00 per share which beat the analyst consensus estimate of $1.89 by 5.82%. Quarterly sales clocked in at $19.594 billion which missed the analyst consensus estimate of $19.811 billion by 1.09% and represents a 0.19 % decrease from the same period last year.
T-Mobile reported a slightly smaller number of net new postpaid phone customer additions while still leading the industry.