Tag Archives: Investment

T-Mobile announces plans to sell $1.8 billion in stock to invest in more spectrum

Late yesterday evening T-Mobile announced a plan to sell common stock. In all, the company hopes to sell up to $1.8 billion worth of stock, or 66.15 million shares. The idea isn’t just to sit on a nice pile of money, instead it hopes to reinvest the money in to “capital investments, enhancing its financial flexibility and opportunistically acquiring additional spectrum.”  It’ll certainly come as good news for those of you concerned with T-Mobile’s … [read full article]