Wednesday, October 31, 2018

T-Mobile shareholders greenlight Sprint deal amid strong third quarter results

T-Mobile, the third largest wireless carrier in the US by subscriber count, posted impressive third quarter results Tuesday. The operator revealed $10.84 billion in profit and 774,000 net new monthly-billed subscribers — far above Wall Street estimates of around 628,000 net additions. Perhaps even better news for the wireless company's future, though, was its announcement that shareholder approval had come through for its acquisition of Sprint, the fourth largest American carrier.

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T-Mobile shareholders greenlight Sprint deal amid strong third quarter results was written by the awesome team at Android Police.



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