T-Mobile Exceeds Estimates, Raises 2015 Subscriber Forecast
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T-Mobile US Inc., in a push to overtake Sprint Corp. as the third-largest U.S. wireless carrier, exceeded analysts’ second-quarter earnings estimates and raised its subscriber growth forecast.
Earnings were 42 cents a share, Bellevue, Washington-based T-Mobile said in a statement Thursday, topping the 14-cent average of predictions compiled by Bloomberg. The stock rose the most in two months.