T-Mobile’s top priorities for 2018
T-Mobile (TMUS), the third-largest wireless carrier in the United States (SPY), continues to provoke the wireless industry with innovative service plans and added subscriber benefits every few months rather than just competing on price.
The success of these service plan innovations has been evident as major competitors Verizon (VZ), AT&T (T), and Sprint (S) have sought to copy various plan features or diversify into other businesses.
During the Deutsche Bank Media, Telecom & Business Services Conference on March 7, 2018, Braxton Carter, T-Mobile’s chief financial officer, spoke about T-Mobile’s top priorities for 2018. Carter stated that the first priority would be continued significant investment in the network, mainly by way of a 600 MHz (megahertz) spectrum rollout. The second priority would be the continued innovation and disruption of the marketplace with the Un-Carrier revolution. The third priority would be balancing growth while improving overall profitability.
Wall Street analysts expect T-Mobile’s adjusted EPS (earnings per share) to rise ~21.8% YoY (year-over-year) to reach ~$3.30 in 2018 compared to $2.71 in 2017.
As of the end of 4Q17, by customers, T-Mobile remains the third-largest player in the US wireless space. In this market, the other two large telecommunications companies are AT&T and Verizon. Sprint had the fourth-largest wireless customer base in the United States at the end of the same period.
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