T-Mobile Gains Seen Continuing If Sprint Merger Off

By | February 10, 2014

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Shares of T-Mobile US (TMUS) and Sprint (S) slipped Monday as speculation cooled for a merger of the Nos. 3 and 4 U.S. wireless services providers. But two analysts raised their price target on T-Mobile, seeing the company as likely to continue taking market share. Japan-based SoftBank, which owns 80% of Sprint, might back off plans to acquire Deutsche Telekom (DTEGY)-controlled T-Mobile because of regulatory hurdles. Regulators have signaled they Scalper1 News

Scalper1 News