Two not very good news items today, a week before the close of the quarter
Argus Research A6/Quantitative downgrades T MOBILE US from BUY to HOLD.
Deutsche Bank Cuts T-Mobile US Price Target to $180 From $185, Maintains Buy Rating
Get ready for more layoffs folks!
Sow
No such thing as a recession proof industry. Some businesses certainly fare better during turbulent times, but ultimately customers will make economic decisions based on what they believe the can afford.
"Even with a downturn, we are in a recession proof industry, nobody us going to give up their cell phone no matter what happens."
Sure but the company will still take every opportunity to use "the recession" as an excuse to cut jobs / benefits / comp
I was laid off. Been 2 weeks so Im fairly calm again. The company will do just fine. Even with a downturn, we are in a recession proof industry, nobody us going to give up their cell phone no matter what happens. Plus T mo is making all the right moves, buying new spectrum, paying dividends, etc etc etc.
Betting buy a sowing machine
They have Common in a new commercial for iPhone 15
Also
T-Mobile to buy more 5G airwaves from Comcast for up to $3.3 billion / Comcast is selling its 600MHz spectrum licenses to T-Mobile because it’s ‘unlikely’ to need them.
It is about the money
You ever consider that the economy might be heading for a significant downturn?
In America we have leaders, whether by incompetence, corruption or both, who are torpeding the economy and disadvantaging people and companies.
To boil it down for you, it's not just a T-Mobile issue (or DT).
TMO to be sold for its real estates.