T-Mobile US, Inc. reported first-quarter FY22 revenue growth of 1.8 percent year-on-year to $20.12 billion, beating the consensus of $20.11 billion. EPS of $0.57 beat the consensus of $0.32. Service revenues of $15.1 billion grew 7 percent Y/Y, including Postpaid service revenue growth of 9 percent. T-Mobile added 348 thousand postpaid net accounts and 1.3 million…

DUESSELDORF, Germany—Deutsche Telekom said it has bought additional shares in T-Mobile US from Softbank for $2.4 billion, bringing CEO Tim Hoettges closer to his goal of securing direct control over the U.S. telecoms operator. The purchase of the 21.2 million shares via a call option raises Deutsche Telekom’s stake in T-Mobile US to 48.4 percent,…

KeyBanc analyst Brandon Nispel upgraded T-Mobile US Inc. to Overweight from Sector Weight with a $155 price target. The price target implied an upside of 23 percent. The stock alleviated most of the analyst’s concerns since his August downgrade. He sees a best-in-class 5G network, margin expansion, and material-free cash flow generation. Nispel sees a positive near-term risk/reward greater…

T-Mobile employees are getting a new hourly minimum wage of $20, according to an announcement Friday by the CEO, coming at a time when the purchasing capacity of Americans keeps going down due to a 39-year high inflation rate. CEO Mike Sievert said that the move was about providing a competitive wage for everyone, including…