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T-Mobile Poised to 'Pull Away' From Rest of Wireless Sector, Says MoffettNathanson

MoffettNathanson’s Craig Moffett said wireless industry trends all tie back to a charging T-Mobile. “Whether it is Verizon buying spectrum, or the Cable operators attempting to reduce costs in order to (eventually) lower price, everyone is chasing T-Mobile,” Moffett told…

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investors Wednesday: “Only three months into the merger, it is already becoming clear that T-Mobile is poised to pull away from an otherwise uninspiring wireless sector.” Moffett said cable operators, eager to cut their costs, are likely among the biggest bidders in the citizens broadband radio service auction. Based on numbers from BitPath, prices are as high as 91 cents MHz/POP in Orange, California, and 68 cents in San Diego, he said. “Cable needs CBRS to bring their costs down, particularly if they are to eventually have the ability to price competitively versus T-Mobile,” he said: “Verizon wants CBRS to augment their LTE network.”