"Price is what you pay, value is what you get"If you like my investment approach, you can buy my book ("The Most Boring Stock Investment Book") or join my Patreon ("SharkValueInvestingFund").Here is my free unsolicited advice:1. Save 10% of whatever you make, no matter how insignificant it can be. As a young engineer, I saved 10% of my income no matter if it was $10 or $1,000. PAYING YOURSELF is the best piece of advice you can give anyone. I recommend the book 'The Richest Man in Babylon', it is a bit repe ...

FX Empire Logo English check-icon Italiano Español Português Deutsch العربية Français Important DisclaimersThe content provided on the website includes general news and publications, our personal analysis and opinions, and contents provided by third parties, which are intended for educational and research purposes only. It does not constitute, and should not be read as, any recommendation or advice to take any action whatsoever, including to make any investment or buy any product. When making any financial ...

Retirement is complicated and you only get once chance to do it right. Don't miss out because you didn't know what was out there.The Retirement Forum provides actionable ideals, a high-yield safe retirement portfolio, and macroeconomic outlooks, all to help you maximize your capital and your income. We search the entire market to help you maximize returns.T-Mobile US, Inc. (NASDAQ: TMUS ) is the largest U.S. cellular carrier by market capitalization, with a market cap of more than $250 billion. The company ...

T-Mobile, US, Inc. (TMUS) reported impressive third-quarter 2024 results, with both the bottom and top lines surpassing the respective Zacks Consensus Estimate. The Bellevue, WA-based wireless service provider reported a top-line expansion backed by industry-leading postpaid customer growth.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.T-Mobile follows a multi-layer approach to 5G, with dedicated standalone 5G deployed nationwide across 600MHz, 1.9GHz and 2.5GHz bands. Strong grow ...

T-Mobile US, Inc. TMUS reported better-than-expected third-quarter financial results and raised its FY24 guidance on Wednesday.T-Mobile reported quarterly earnings of $2.61 per share, which beat the analyst consensus estimate of $2.41. Quarterly revenue came in at $20.16 billion which beat the analyst consensus estimate of $20.01 billion and is an increase over sales of $19.25 billion from the same period last year."Delivering another quarter of industry-leading results, including our best third-quarter pos ...

Financial Data and Key Metrics - Q3 2024 was a strong quarter with consistent execution, enabling the company to raise its 2024 guidance again [5] - Core adjusted EBITDA growth of 9% led the industry by a wide margin, driven by profitable customer growth and industry-leading service revenue growth [9] - Full-year 2024 guidance for core adjusted EBITDA raised to $31.6 billion to $31.8 billion, up $50 million at the midpoint [10] - Adjusted free cash flow for 2024 is expected to be between $16.7 billion and $17 billion, up $50 million at the midpoint, driven by margin expansion and capital efficiency [11] - Postpaid ARPA (Average Revenue Per Account) is expected to grow around 3% year-over-year in 2024, with industry-leading service revenue growth accelerating [10] Business Line Performance - Mobile business delivered the best Q3 postpaid phone net adds in a decade, fueled by record-low Q3 postpaid phone churn and year-over-year growth in gross adds [6] - Broadband business reached a milestone of 6 million customers in just three years, halfway to the long-term target of 12 million customers by 2028 [8] - Digital mix of iPhone launch sales in Q3 increased by 40% year-over-year, with the majority of T-Mobile branded iPhone pre-orders being digital for the first time [7] - Enterprise segment saw double-digit growth quarter-over-quarter, with significant wins in government and retail sectors [38] Market Performance - The company continues to lead the industry in share of switchers and grew its share of households in both top 100 markets and rural areas [6] - Smaller markets and rural areas (SMRA) saw strong growth, with Q3 being the highest win share quarter ever, and Net Promoter Score (NPS) in these areas is now 20% higher than the next competitor [35][36] - The company’s 5G network was awarded the best 5G availability in the world by Opensignal, further differentiating its technology leadership [8] Strategic Direction and Industry Competition - The company is focused on evolving from a challenger to a champion, with a multi-year plan that emphasizes consistent execution and digital transformation [11] - Digitalization efforts are progressing, with a goal to reduce person-to-person customer service interactions by 75% and achieve majority digital activations [20][21] - The company is leveraging its 5G network leadership, with advanced technologies like voice over new radio and four-way carrier aggregation, to further extend its competitive advantage [8][52] - The company is exploring opportunities in AI-RAN and 6G, with a focus on driving future network efficiency and performance [73][74] Management Commentary on Operating Environment and Future Outlook - Management highlighted the company’s resilience and recovery efforts following hurricanes Helene and Milton, showcasing the team’s innovative use of technology to support affected communities [4] - The company remains optimistic about its growth trajectory, with a focus on underpenetrated areas and segments, particularly in rural markets and among customers who prioritize network attributes [6][35] - Management emphasized the importance of maintaining a balance between growth and profitability, with a strategy that prioritizes value, network quality, and customer experience [88][89] Other Important Information - The company is actively managing its spectrum portfolio, including recent transactions involving 3.45 GHz and 2.5 GHz spectrum, and exploring options for 800 MHz spectrum [23][24] - The company is progressing with several strategic transactions, including deals with US Cellular, Lumos, and Metronet, which are expected to close in 2025 [80][82] - The company is investing in customer-driven coverage, using AI-driven algorithms to optimize network deployment and capital allocation [59][60] Q&A Summary Question: Buyback Strategy and Wholesale Business Impact [13] - The company adjusted its buyback strategy to be more consistent and less reactive to short-term share price movements [15] - Wholesale revenue is expected to trough in 2025, with underlying growth in partnerships offsetting declines from ACP and TracFone transitions [16] Question: Spectrum Strategy and Digitalization Cost Savings [18] - The company is optimizing its spectrum portfolio, with 3.45 GHz not being part of its long-term plan, and exploring options for 800 MHz spectrum [23][24] - Digitalization efforts are expected to drive significant cost savings and revenue growth, with a detailed 14-quarter plan in place to track progress [19][20] Question: DT’s Ownership Stake and Postpaid Phone Net Adds [26] - DT’s ownership stake in T-Mobile may increase over time, but the governance structure and strategic alignment remain unchanged [27][28] - The company expects approximately 3 million postpaid phone net adds for the full year, with Q4 trends aligning with expectations [29] Question: SMRA Market Penetration and Postpaid ARPU Strength [34] - The company is seeing strong growth in smaller markets and rural areas, with record win share and high Net Promoter Scores [35][36] - Postpaid ARPU strength is driven by a mix of factors, including rate plan optimization and expansion of customer relationships [41] Question: 800 MHz Spectrum and AT&T’s Fiber Network [43] - The company has optionality with 800 MHz spectrum, which is not currently part of its financial or network plans [45] - The company is open to future opportunities in fiber but remains focused on its own fiber deployment strategy [47] Question: Handset Upgrade Rates and AI-Driven Device Cycle [49] - Current handset upgrade rates remain low due to the longevity and performance of existing devices, but the company is well-positioned for any future upgrade cycles [50][51] - The company’s standalone 5G network and advanced device capabilities provide a competitive edge in future upgrade cycles [52][53] Question: Network Upgrade Priorities for 2025 [57] - The company is using a customer-driven coverage model, leveraging AI and data to prioritize network upgrades and optimize capital allocation [59][60] - The company has a detailed plan for deploying C-band spectrum in 50 markets, with further capacity expansion not immediately needed [62] Question: Macroeconomic Indicators and Consumer Behavior [65] - The company does not see significant changes in consumer behavior or macroeconomic indicators affecting its core business, with steady growth in postpaid and prepaid-to-postpaid transfers [68][69] Question: Spectrum Costs and 6G Cycle [72] - The company is optimistic about the efficiency of future 6G cycles, with potential cost savings from AI-RAN and Open RAN technologies [73][74] - The company’s 5G strategy has benefited both consumers and the industry, with significant improvements in speed and data usage at similar price points [75] Question: US Cellular Deal and ARPU Growth Drivers [78] - The US Cellular deal is progressing well, with expected closure in mid-2025, and is expected to benefit both T-Mobile and US Cellular customers [80][83] - ARPA growth is driven by the expansion of customer relationships, with minimal impact from rate plan optimization [79] Question: Fixed Wireless Business and Growth Trends [94] - The company’s fixed wireless business continues to perform strongly, with consistent net adds and high customer satisfaction [95] - The majority of fixed wireless customers are coming from cable, with gross adds needing to increase to sustain growth towards the 12 million customer target by 2028 [95]

T-Mobile (TMUS) reported $20.16 billion in revenue for the quarter ended September 2024, representing a year-over-year increase of 4.7%. EPS of $2.61 for the same period compares to $1.82 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $19.87 billion, representing a surprise of +1.49%. The company delivered an EPS surprise of +10.13%, with the consensus EPS estimate being $2.37. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall ...

T-Mobile (TMUS) came out with quarterly earnings of $2.61 per share, beating the Zacks Consensus Estimate of $2.37 per share. This compares to earnings of $1.82 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 10.13%. A quarter ago, it was expected that this wireless carrier would post earnings of $2.27 per share when it actually produced earnings of $2.49, delivering a surprise of 9.69%.Over the last four quarters, the company ...

Merger and Acquisition Activities - T-Mobile reported a total merger-related cost of $121 million for the nine months ended September 30, 2024, a decrease of $665 million or 85% compared to the same period in 2023[165]. - The company recognized a gain of $100 million from the DISH License Purchase Agreement, which was recorded as a reduction in selling, general, and administrative expenses[163]. - T-Mobile plans to invest approximately $950 million in a joint venture to acquire a 50% equity interest in Lumos, a fiber-to-the-home platform, expected to close in early 2025[166]. - A definitive agreement was made with KKR to establish a joint venture for acquiring Metronet, with an expected investment of $4.9 billion for a 50% equity interest, anticipated to close in 2025[167]. - The total purchase price for the acquisition of Ka'ena Corporation was approximately $956 million, consisting of $420 million in cash and 3,264,952 shares of T-Mobile common stock[169]. - Up to an additional $403 million may be payable as an earnout based on Ka'ena's performance indicators following the acquisition[170]. - UScellular's wireless operations and select spectrum assets will be acquired for approximately $4.4 billion, including up to $2.0 billion in debt assumption[171]. Financial Performance - Total revenues increased by $910 million, or 5%, for the three months ended September 30, 2024, and by $1.4 billion, or 2%, for the nine months ended[177]. - Postpaid revenues rose by $1.0 billion, or 8%, for the three months and by $2.6 billion, or 7%, for the nine months ended September 30, 2024[177]. - Prepaid revenues increased by $243 million, or 10%, for the three months and by $377 million, or 5%, for the nine months ended September 30, 2024[178]. - Wholesale and other service revenues decreased by $452 million, or 39%, for the three months and by $943 million, or 26%, for the nine months ended[178]. - Total operating expenses decreased by $290 million, or 2%, for the three months and by $1.19 billion, or 3%, for the nine months ended[174]. - Operating income increased by $1.2 billion, or 33%, for the three months and by $2.64 billion, or 24%, for the nine months ended[174]. - Adjusted EBITDA rose to $8.243 billion, an increase of $643 million, or 8%, for the three months ended[175]. - Cash provided by operating activities was $6.139 billion, an increase of $845 million, or 16%, for the three months ended[175]. - Net income was $3.1 billion for the three months ended September 30, 2024, compared to $2.1 billion for the same period in 2023, and $8.4 billion for the nine months ended September 30, 2024, compared to $6.3 billion for 2023[188]. - Income before income taxes was $4.0 billion for the three months ended September 30, 2024, compared to $2.8 billion for the same period in 2023, and $10.9 billion for the nine months ended September 30, 2024, compared to $8.4 billion for 2023[186]. Cost Management - The company has incurred substantially all restructuring and integration costs associated with the Sprint Merger, with cash payments extending beyond 2024[164]. - T-Mobile's net cash payments for merger-related costs were $658 million for the nine months ended September 30, 2024, a decrease of $899 million or 58% compared to the same period in 2023[165]. - T-Mobile's total merger-related costs for the three months ended September 30, 2024, were $0, compared to $152 million for the same period in 2023[165]. - Selling, general and administrative expenses decreased by $148 million, or 3%, for the three months ended and decreased by $565 million, or 4%, for the nine months ended September 30, 2024[183]. - Cost of services decreased by $164 million, or 6%, for the three months ended September 30, 2024[182]. - Cost of equipment sales increased by $58 million, or 1%, for the three months ended September 30, 2024[182]. Customer Metrics - Postpaid accounts increased to 30,631,000 as of September 30, 2024, up 1,133,000 or 4% from 29,498,000 as of September 30, 2023[201]. - Total customers increased to 127,492,000 as of September 30, 2024, up 9,585,000 or 8% from 117,907,000 as of September 30, 2023[205]. - Postpaid net account additions decreased by 71,000 or 18% for the three months ended September 30, 2024, and decreased by 138,000 or 14% for the nine months ended September 30, 2024[202]. - Postpaid Average Revenue Per Account (ARPA) increased by $5.77 or 4% for the three months ended September 30, 2024, reaching $145.60[212]. - Postpaid phone churn decreased slightly to 0.86% for the three months ended September 30, 2024, compared to 0.87% for the same period in 2023[209]. - Prepaid churn decreased by 3 basis points for the three months ended September 30, 2024, primarily due to promotional activity[210]. Cash Flow and Debt - Cash and cash equivalents increased to $9.8 billion as of September 30, 2024, up from $5.1 billion at December 31, 2023[233]. - Net cash provided by operating activities for the nine months ended September 30, 2024, was $16.744 billion, a 22% increase from $13.700 billion in 2023[235]. - Net cash used in investing activities increased by $1.9 billion, or 137%, for the three months ended September 30, 2024[229]. - Total debt and financing lease liabilities as of September 30, 2024, were $82.3 billion, with $74.0 billion classified as long-term debt[239]. - The company issued long-term debt for net proceeds of $8.1 billion during the nine months ended September 30, 2024[239]. Shareholder Returns - The 2023-2024 Stockholder Return Program is authorized for up to $19.0 billion, running from October 1, 2023, through December 31, 2024[258]. - During the three months ended September 30, 2024, the company repurchased 3,179,707 shares at an average price of $202.45, totaling $644 million[261]. - The company reported share repurchases totaling $57 million during the three months ended September 30, 2024[277]. - As of September 30, 2024, the company had $1.0 billion for dividends payable presented within other current liabilities[260]. Legal and Compliance - Legal proceedings are ongoing, with details available in Note 13 of the Condensed Consolidated Financial Statements[277]. - The company remains in compliance with all restrictive debt covenants as of September 30, 2024[255].

il Q3 2024 INVESTOR FACTBOOK EXHIBIT 99.2 Contents 3 Highlights 4 Customer Metrics 7 Financial Metrics 13 Capital Structure 14 Guidance 15 Contacts 16 Financial and Operational Tables INVESTOR FACTBOOK Q3 2024 2 Fili Guidance Across the Board POSTPAID POSTPAID OSTPAID PHONE IND SERVICE REVENUES NET INCOME CORE ADJUSTED EBIT REW 43 INCLUDING INDUSTRY-LEADI INDUSTRY-LEADING GROW INDUSTRY-LEADING GROWTH SERVICE REVENUE GROWTH OF 89 ADJUSTED HIGH SPEED INTERNE PROVIDED BY OPERATING ACTIVITIES NET CUSTOMER ADDIT ...