With rumors of Sprint and T-Mobile finalizing a deal that would merge the two companies, rumors are now being revealed which hint at Mexican billionaire Carlos Slim being interested in purchasing T-Mobile.
According to the Wall Street Journal, Slim recently received cash from his sale of shares of América Móvil and currently owns an interest TracFone, a US prepaid wireless service that is the country’s fifth largest carrier. TracFone currently leases capacity in large cellular networks operators like AT&T and Sprint.
Last week, America Movil announced that it was going to slash its market share in Mexico from 70% to 50% to avoid sanctions from the [...]
When T-Mobile announces their Q2 results at the end of the month, analysts expect T-Mobile to continue being the “fastest-growing wireless company in the U.S.”
According to TMONews, T-Mobile’s record Q1 results showed 2.4 million net adds between January 1st and the end of March. Therefore, it should not be a surprise to see T-Mobile not replicate that growth again. With 7% service-revenue growth, T-Mobile would continue to keep the title as the fastest-growing wireless company in the country.
Even with Sprint/T-Mobile merger details continuing to be leaked, it is becoming more difficult to argue that T-Mobile by itself is not [...]