Telecommunications giant T-Mobile US (TMUS -0.13%) reported fourth-quarter and full-year 2024 earnings on Wednesday, Jan. 29, that topped analyst consensus estimates. Earnings per share (EPS) came in at $2.57, compared to the analyst estimate of $2.29, and were up 54% year over year.
T-Mobile forecast annual wireless subscriber growth above Wall Street estimates on Wednesday, after holiday-quarter promotions and deals boosted demand for its affordable premium 5G plans with streaming bundles.
The telecommunications company reports 903,000 fourth-quarter post-paid phone additions in the fourth quarter.
T-Mobile's reinvestment strategy in 5G and customer growth outpaces Verizon and AT&T, making it a strong long-term investment at $218 a share. Despite a slowdown in 2024, T-Mobile's growth remains robust, with a 22.19% annualized return over 5 years, outperforming competitors. T-Mobile's valuation, with a PEG ratio of 1.13, reflects real growth potential, driven by the largest and fastest 5G network in the U.S.
T-Mobile is expected to record top-line growth in the fourth quarter, backed by healthy demand and innovative product launches. Stiff competition is a concern.
T-Mobile (TMUS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
T-Mobile is set to acquire Vistar Media to boost commercial prospects in the emerging digital-out-of-home advertisement market.
T-Mobile reached a $600 million deal to acquire Vistar Media, a leading provider of solutions for digital out-of-home (DOOH) advertising, the companies announced Monday.
T-Mobile US said on Monday it has agreed to acquire Vistar Media, a real-time outdoor advertising technology provider, for about $600 million, in an all-cash deal.
T-Mobile has opened up direct-to-cellular emergency texting over SpaceX's Starlink satellite network on a temporary basis in areas affected by this week's catastrophic wildfires in the Los Angeles area.
Washington state's attorney general says the company had years to fix vulnerabilities. T-Mobile says it's "fundamentally transformed" its approach to cybersecurity.
The U.S. state of Washington has sued T-Mobile over allegations the phone giant failed to secure the personal data of millions of state residents prior to an August 2021 data breach, which went on to affect more than 79 million customers across the United States.