Marriage Coming? T-Mobile Joins Sprint With Q1 Loss

By | May 1, 2014

Scalper1 News

T-Mobile US (TMUS) reported Q1 revenue and EPS that missed views but the stock jumped Thursday on renewed speculation of a Sprint (S) bid for the company. T-Mobile, controlled by Deutsche Telekom (DTEGY), said it lost 19 cents per share in Q1 compared to a pro-forma profit of 20 cents a year earlier, including the acquisition of MetroPCS Communications. T-Mobile said Q1 revenue rose 15.3% to $6.875 billion. Analysts had estimated a Q1 loss of 8 Scalper1 News

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