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T-Mobile US, Inc. (TMUS) provides mobile communications services in the United States, Puerto Rico, and the U.S. Virgin Islands.
The company offers voice, messaging, and data services to approximately 71 million customers in the postpaid, prepaid, and wholesale markets.
It also provides wireless devices, including smartphones, tablets, and other mobile communication devices, as well as accessories that are manufactured by various suppliers.
The company offers services, devices, and accessories under the T-Mobile and MetroPCS brands through its owned and operated retail stores, as well as Websites. T-Mobile US, Inc. also sells its devices and accessories to dealers and other third party distributors for resale through independent third-party retail outlets and various third-party Websites.
As of December 31, 2016, it had approximately 2,000 T-Mobile and MetroPCS retail locations, including stores and kiosks. Shares have formed a bullish "flag" on market rumors that Sprint (S) and TMUS are in talks to merge. The biggest onstacle has been majority owner of Sprint, Softbank, has been asking a premium for Sprint. Recently, it appears that Softbank has softened its position! In fact this is what an analyst said about the such merger.
A merger between T-Mobile (TMUS) and Sprint (S) would make for a much stronger number three player in wireless and bring "massive" synergies, but regulatory approval, while not out of the question, remains uncertain, Jefferies analyst Mike McCormack tells investors in a research note. The analyst's initial pro forma analysis, which assumes an all-stock transaction at current market prices and synergies ramping to a $4.5B run rate in year three, suggests T-Mobile could be worth more than $90 per share in a deal scenario, or 43% above the current price.
52-Weeks Trading Range: $44.91 to $68.88
Entry Point: $63.00
Stop Loss: $60.00
Target Price: $70.00
TMUS closed at $61.00
