T-Mobile Will Be Tough Competitor Without Sprint, Say Analysts
T-Mobile’s proposed buy of Sprint “lingers in the backdrop,” but both carriers’ results (see 1808010066) “showed no sign of distractions,” Macquarie’s Amy Yang told investors. T-Mobile’s “share gains accelerated” while Sprint’s “network turnaround continued,” she said. “With both companies raising their outlook, the foundation for New T-Mobile is set. The combo is poised for 5G and prepared to disrupt broadband/video.” T-Mobile had a “solid” quarter, said Wells Fargo’s Jennifer Fritzsche. The results show that T-Mobile would also be a strong contender as a stand-alone company, she said.