T-Mobile Emerges as Lone Winner in Wireless Sector Price War, Moffett Says
T-Mobile appears to be the “lone winner in a sector-wide price war,” analyst Craig Moffett of MoffettNathanson said in a note to investors Tuesday. “In Q4, total wireless industry service revenue growth turned negative for the first time ever,” Moffett…
Sign up for a free preview to unlock the rest of this article
Timely, relevant coverage of court proceedings and agency rulings involving tariffs, classification, valuation, origin and antidumping and countervailing duties. Each day, Trade Law Daily subscribers receive a daily headline email, in-depth PDF edition and access to all relevant documents via our trade law source document library and website.
said. “Against this grim backdrop,” T-Mobile’s adjusted total revenue grew 16.6 percent in Q4, he said. Service margins expanded by 590 basis points and adjusted earnings before interest, taxes, depreciation and amortization grew by “an extraordinary” 41.3 percent, he said.