Two stocks hitting 52-week highs today that may be catching investors' attention are T-Mobile (TMUS)  and Qualcomm (QCOM) . Notably, T-Mobile’s continued expansion made headlines this morning on the announcement that it would buy U.S. Cellular’s (USM)  wireless operations for $4.4 billion.Meanwhile, Qualcomm’s AI initiatives have been very compelling which has helped its stock spike +48% year to date with T-Mobile shares up a respectable +4%. Even better, over the last year, Qualcomm’s stock has now soared ...

T-Mobile is buying U.S. Cellular’s wireless operations and certain spectrum assets in a deal valued at $4.4 billion, and further consolidating the industry.T-Mobile would get more than 4 million new customers and control of U.S. Cellular’s wireless operations and about 30% of spectrum assets across several spectrum bands. T-Mobile will also enter into a new master license agreement on more than 2,000 towers and extend the lease term for the approximately 600 towers where T-Mobile is already a tenant.T-Mobil ...

T-Mobile (NASDAQ:TMUS) stock is in the green today after the company announced a new deal to buy U.S. Cellular (NYSE:UZD). In the $4.4 billion transaction, T-Mobile will acquire most of U.S. Cellular, including the company’s stores, assets, and customers.As part of the deal, T-Mobile will pony up both cash and up to $2 billion of debt. T-Mobile will gain roughly 30% of U.S. Cellular’s wireless spectrum, which it intends to use to enhance its coverage in more rural parts of the country. Per the deal, current ...

Key TakeawaysT-Mobile announced an agreement Tuesday to acquire most of U.S. Cellular's wireless operations for about $4.4 billion.The deal would give T-Mobile a larger footprint among more rural areas of the U.S.U.S. Cellular shares jumped soon after the opening bell. Telecommunications giant T-Mobile (TMUS) announced Tuesday that it would acquire "substantially all" of U.S. Cellular's (USM) wireless operations in a deal valued at $4.4 billion. U.S. Cellular customers would receive access to T-Mobile's exp ...

ToplineT-Mobile will buy most of U.S. Cellular’s operations in a deal valued at $4.4 billion, both companies announced Tuesday, the latest billion-dollar transaction by the wireless carrier as it expands coverage to millions of more customers.The wireless carrier will assume billions of dollars in debt as part of the transaction. Getty Images Key FactsThe deal will include a combination of cash and about $2 billion in assumed debt, T-Mobile and U.S. Cellular said in a joint statement. T-Mobile will acquire ...

Telecoms giant T-Mobile is buying US Cellular's wireless operations for $4.4 billion.The regional carrier has been up for sale since last year and mostly services rural customers.T-Mobile also recently finalized the acquisition of Ryan Reynolds-backed Mint Mobile. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. Email address ...

T-Mobile announced on Tuesday that it agreed to acquire "substantially all" of U.S. Cellular’s wireless operations in a deal valued at $4.4 billion.  Under the deal, T-Mobile will acquire all of U.S. Cellular’s wireless customers and stores. The deal also includes up to $2 billion in debt. T-Mobile said the deal would "create a much-needed choice for wireless in areas with expensive and limited plans from AT&T and Verizon, and for those that have been limited to one or no options for home broadband connecti ...

T-Mobile US, Inc. Conference Call Summary Company Overview - **Company**: T-Mobile US, Inc. (NASDAQ: TMUS) - **Industry**: Telecommunications Key Points and Arguments Company Performance and Strategy - T-Mobile has transitioned from last place in the 4G LTE era to leading in the 5G era, claiming to have built the world's best 5G network [3][4] - The company aims to continue gaining market share and increasing cash flows, having outperformed industry benchmarks with a 6.5% growth in postpaid wireless service revenues, and nearly 40% growth in cash flows in Q1 [5][6] - T-Mobile's strategy includes focusing on underpenetrated segments such as enterprise, small and medium businesses, and rural areas, where they have seen significant growth since the Sprint merger [6][10] Market Share and Growth - In Q1 2023, T-Mobile grew its market share in the top 100 markets, with a 17.5% market share in smaller markets and rural areas, aiming for 20% by 2025 [10][8] - The company reported its highest net additions in the enterprise segment in Q1, indicating strong demand for its 5G capabilities [11][12] Financial Guidance and Cash Flow - T-Mobile's cash flow margins are over 20%, and the company expects to maintain this leadership despite becoming a significant cash taxpayer [24][23] - The company has increased its net addition guidance for the year, reflecting confidence in its strategy [16] Fixed Wireless Access (FWA) Strategy - T-Mobile is on track to serve 7 million to 8 million fixed wireless customers by 2025, with a capital-light strategy that leverages existing infrastructure [30][34] - The company is exploring ways to extend its FWA subscriber base beyond the initial target, focusing on high-return opportunities [35] Fiber Strategy and Joint Ventures - T-Mobile's recent joint venture with EQT for Lumos is seen as a capital-light model that allows for incremental growth in fiber while leveraging existing marketing capabilities [36][38] - The company believes it can achieve better returns in fiber investments compared to purely financial investors due to its established brand and distribution network [38][39] Shareholder Returns and Capital Allocation - T-Mobile is committed to returning significant capital to shareholders, with a $60 billion return program expected to continue past 2026 [45][42] - The company is cautious about large on-balance sheet acquisitions, focusing instead on opportunities that align with its core business [42][48] Network and Competitive Advantage - T-Mobile maintains a competitive edge with the most available 5G network, with 85% of its network utilizing multiple layers of mid-band and low-band spectrum [51][50] - The company is positioned to deploy advanced 5G technologies faster than competitors, enhancing its service offerings [53] Market Dynamics and Future Outlook - T-Mobile does not anticipate the U.S. market to follow European convergence trends, emphasizing the unique dynamics of the U.S. telecommunications landscape [59][58] - The company is focused on maintaining its mobile-first strategy, which is central to its customer acquisition and retention efforts [58][59] Additional Important Insights - T-Mobile's approach to pricing will remain thoughtful, ensuring it maintains its reputation for value while adapting to cost increases over time [21] - The company is actively monitoring regulatory changes, particularly regarding the FCC's authority in spectrum auctions, which could impact future operations [56] This summary encapsulates the key insights from T-Mobile's conference call, highlighting its strategic focus, market performance, and future outlook in the telecommunications industry.

T-Mobile US, Inc. (NASDAQ:TMUS) J.P. Morgan Global Technology, Media and Communications Results Conference May 21, 2024 1:05 PM ET Company Participants Mike Sievert - President and Chief Executive Officer Conference Call Participants Sebastiano Petti - J.P. Morgan Sebastiano Petti Good afternoon, everybody. I'm Sebastiano Petti, and I cover the telecom cable and satellite space for JPMorgan. I want to welcome T-Mobile President and CEO since 2020, Mike Sievert. Mike, thanks for joining us today. Mike Siever ...

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