T-Mobile Emerges as Lone Winner in Wireless Sector Price War, Moffett Says
T-Mobile appears to be the “lone winner in a sector-wide price war,” analyst Craig Moffett of MoffettNathanson said in a note to investors Tuesday. “In Q4, total wireless industry service revenue growth turned negative for the first time ever,” Moffett…
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said. “Against this grim backdrop,” T-Mobile’s adjusted total revenue grew 16.6 percent in Q4, he said. Service margins expanded by 590 basis points and adjusted earnings before interest, taxes, depreciation and amortization grew by “an extraordinary” 41.3 percent, he said.