Reported 3 months ago
T-Mobile (TMUS) exceeded Wall Street forecasts with strong second quarter results, boasting an unexpected increase in monthly subscribers. CEO Mike Sievert highlighted the company's solid performance despite consumer slowdown concerns, noting a low bad debt rate compared to competitors. Sievert expressed excitement about AI developments, particularly regarding the potential impact of new iPhone features. He confirmed that T-Mobile is not currently pursuing additional acquisitions.
Source: YAHOO