Punching Well Above its Weight: T-Mobile Puts up a Fight
Few sectors in the US economy are as competitive as wireless telecom. Main Streets and shopping malls across the nation are dotted with retail mobile phone outlets. The internet has made phone plan pricing fully transparent and consumers extremely knowledgeable. At the same time, commodification is rife, and services offered by the major carriers are virtually identical. But T-Mobile (NASDAQ: TMUS) continues to gain ground no matter how tough the competition.
On the company's third quarter earnings call last month, CEO John Legere showed that the company announced stellar results across the board. "We delivered a number of Q3 records, including record low branded postpaid phone churn, total revenues, adjusted EBITDA, net income and free cash flow," Legere said on the call.
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Source Fool.com
