For years, T-Mobile’s pitch to Wall Street has been simple: best network, best value, growing faster than anyone else. That story just took a hit from one prominent analyst, though plenty of others on the Street are pushing back on how bad things really are. As reported by Fierce Network, Wolfe Research analyst Peter Supino downgraded T-Mobile stock earlier this month from “outperform” to … [read full article]
You’ll undoubtedly remember just over two years ago, T-Mobile and MetroPCS merged to form one company. Technically, it was structured as a reverse merger. T-Mobile didn’t have its own stock listing at the tim and was … [read full article]
In a press release published this morning, T-Mobile announced the pricing of its registered public offering. The carrier is offering 17.4 million shares of 5.50% mandatory convertible preferred stock at a price of $50 per share. T-Mo hopes to raise around $854 million from the public offering. It’s also giving underwriters the opportunity to buy up to an additional 2.6 million shares of Mandatory Convertible … [read full article]
Watching how analysts and investors interpret certain events in the technology industry has the tendency to throw up some surprises, and often times almost makes for interesting reading. Yesterday, following reports that French Telecom giant, [read full article]
If there’s one group of people that constantly provide frustration to my working life, it’s financial analysts. In my role, running TodaysiPhone.com, I come across them a lot. Normally, they’re making crazy predictions about what Apple’s going to release next or daft predictions on the company’s financial results. Normally, they’re wrong. But that’s not what frustrates me the most. As a financial analyst, the focus is never … [read full article]
Yesterday was a historic day for T-Mobile as it took over the New York Stock Exchange and finally became the last of the four national carriers to go public. While the stock itself didn’t move much in either direction, the stock is up more than 5% as of this writing. Want … [read full article]
Update: Thanks to a sharp reader I did indeed incorrectly source the Wall Street 24/7 article which states companies that WILL disappear in 2011 when the Yahoo News article erroneously states companies that MAY disappear, guess I should pay more attention too. Doesn’t change the fact that it doesn’t say the company itself will disappear, just … [read full article]
