Mobile US stays strong, adds 1.1 million subs

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Revenue climbed 11% in the first quarter to $9.6 billion, a bit below consensus estimates of $9.62 billion.

On all T-Mobile plans, if the network becomes intermittently congested, top 3% of data users ( 30 GB/mo.) may notice reduced speeds because of prioritization. Increasing revenue from both T-Mobile and MetroPCS is giving the carrier the strength it needs to bid on additional spectrum and market its services nationwide.

"We positively view 798,000 branded postpaid phone net additions, likely leading the industry, and phone churn of 1.18%".

Currently, the market capitalization of T-Mobile US, Inc.

The No. 3 carrier in the subscribers ended its first quarter with 1.1 million more of them, bringing its customer base to 72.6 million. Its last month's stock price volatility remained 1.7% which for the week approaches 2.1%.

T-Mobile US (NASDAQ:TMUS) traded up 0.34% during mid-day trading on Wednesday, hitting $67.58.

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In other T-Mobile US news, insider Thomas Christopher Keys sold 100,000 shares of the stock in a transaction that occurred on Friday, March 24th.

Shares of T-Mobile fell 1 per cent to US$65.25 (RM287.03) in late trading yesterday.

T-Mobile has developed a winning formula built around listening to customers and solving their pain points.

T-Mobile is eager to keep expanding its subscriber rolls to put pressure on its bigger rivals. Evercore ISI started coverage on shares of T-Mobile US in a research report on Monday, January 30th. Current price places the company's stock 37.33% away from its 200-day simple moving average, 14.58%, away from the 50-day average and also 5.92% away from 20-day average. Revenues of $39.37 billion were off almost 3% year-over-year, and failed to reach the Street's consensus mark of $40.53 billion.

The company still remains very much open to M&A optionality, either as a buyer or seller, specifically noting the appeal of marrying mobile with content, and specifically calling out Sprint ($8.71, Market Perform, scale/spectrum) and Dish (content/spectrum) as compelling opportunities as we got the impression that everything remains on the table. The stock's current RSI reading is at 56.85. (NASDAQ:TMUS), 9 rate it "Buy", 12 "Outperform", 7 "Underperform", 1 "Sell", while 0 "Hold". Analyst's mean target price for EBAY is $34.91 while analysts mean recommendation is 2.50. (NASDAQ:TMUS) stock may see increased volatility following the report. Following the sale, the insider now directly owns 372,718 shares in the company, valued at $23,917,314.06. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Winslow Evans & Crocker Inc. now owns 3,134 shares of the Wireless communications provider's stock worth $146,000 after buying an additional 270 shares during the last quarter.

People pass by a T-Mobile store in the Brooklyn borough of New York June 4, 2015. TMUS is now the industry leader in total number of customers added clocking in at 1.1 million for this quarter, The 16th consecutive quarter where they have added over a million customers.