T-MOBILE US INC

08 Aug

Deutsche Telekom Improves Profitability Buoyed by US Growth

stp2y0 CommentsRAG modelsCash Flow, DEUTSCHE TELEKOM AG-REG, Earnings, europe, germany, Government, regulation, T-MOBILE US INC, Taxes, Technology, Tim Hoettges

Deutsche Telekom AG, Europe’s largest telecommunications operator, reported increased profitability in the second quarter, buoyed by strong subscriber growth in the US and resilience in its home market of Germany. Adjusted earnings before interest, taxes, depreciation and amortization after leases rose 7.8% from a year earlier to €10.8 billion ($11.8 billion) in the second quarter, the carrier said in a statement on Thursday. Analysts had forecast €10.7 billion, according the average of estimates compiled by Bloomberg. Source link lol

07 Aug

T-Mobile Postpones $561 Million Wireless Equipment ABS Offering

stp2y0 CommentsRAG modelsBANK OF JAPAN/THE, Bonds, Credit Cards, Debt, Earnings, retail, ROYAL BANK OF CANADA, T-MOBILE US INC, Technology, Wall Street, Wireless

T-Mobile US Inc. is postponing its sale of more than $500 million in asset backed securities supported by wireless equipment plans, according to people familiar with the matter.The deal, which began premarketingBloomberg Terminal last week, was set to price this week, according to an earlier message to investors. T-Mobile’s postponement marks the first notable indication of stress in the ABS market following elevated volatility this week. A maelstrom of economic indicators showing slowing growth, weak earnings from technology companies and a rate hike from the Bank of Japan damaged broader markets and caused Wall Street’s fear gauge to spikeBloomberg Terminal…