Atlanta, GA – Scibility Media – 10/09/2014
This article discusses two mobile phone service providers with uncertain futures: T-Mobile Us Inc(NYSE:TMUS) and Sprint Corporation(NYSE:S).
It seems like it’s been ages since T-Mobile US Inc(NYSE:TMUS) first announced that it was renouncing the industry-standard two year agreement plan in an effort to shake up, and gain control of, the industry. Furthermore, the company, which was previously left out of the iOS business, now offers the iPhone 6 to its subscriber base. Additionally, T-Mobile also plans to bid on airwaves in a November auction.
Things appear to be looking up for T-Mobile, yet there are still rumors that the company may soon be taken over by Iliad SA, a French mobile-phone carrier that is planning to bid for large stakes in the company. Regardless of whether the company is taken over or remains on its own footing, it appears that T-Mobile’s stock will, one way or another, continue to be valuable.
Another company that recently attempted to take over T-Mobile is Sprint Corporation(NYSE:S), which dropped its $40 per share bid in August. The company may have needed to acquire the fourth-largest cell phone competitor because the outlook for this company does not look particular strong. Sprint is currently cutting a number of jobs in an effort to reduce cuts, including employees in its information technology and portfolio management departments.
The company has been making an effort to diversify its client base by offering free calling to countries like Mexico, Spain, Brazil, and the Dominican Republic. Searching for new demographics to boost its subscriber base is a sound decision, and the Hispanic immigrant population is growing in the United States.
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