Does T-Mobile Support Higher Prices?
T = Trends for a Stock’s Movement
T-Mobile offers mobile communications services under the T-Mobile brands in the United States, Puerto Rico, and the U.S. Virgin Islands. Its service offerings include postpaid and prepaid wireless voice, messaging and data services, mobile broadband, and wholesale wireless services. The company has been increasing its user base at great rates, and a recent takeover rumor may be the fuel it needs for the stock to soar higher.
Much anticipation has been built up around T-Mobile’s Uncarrier Phase III announcement, and many are expecting it to revolve around a family plan — or plans — of sorts. “T-Mobile is having the most success with single-line customers, who clearly get a better value for their money than being customers of Verizon or AT&T,” Nomura analyst Adam Ilkowitz said. “The third ‘uncarrier’ event from T-Mobile could focus on data plans for tablets or easing family plan transitions.”