Mobile US Inc (NASDAQ:TMUS) Shares Price Objective Lifted By $15

Like Verizon, the company throttles customer speeds once they reach the data limit on their plans. Considering that Wall Street was expecting T-Mobile to report profits of 30 cents a share, it appears that T-Mobile topped expectations by a whopping 50%. (NYSE:FE)-2 analysts issued Strong buy for the stock, 4 analysts have given a Buy rating, 12 think it’s a HOLD, 0 reported it as Underperform, while 2 analyst issued a Sell rating.

The T-Mobile CEO came out like gangbusters this afternoon on Twitter punching back with even better T-Mobile One plans for customers that include a lot of new perks.

The move could hurt the industry’s profit margins, putting more pressure on major players to cut costs, analysts said.

Nonetheless, and in the immediate aftermath of reporting, investor reaction in T-Mobile US, Inc.

“I don’t blame Verizon for caving. What choice did they have?” Mn Services Vermogensbeheer B.V. now owns 7,376 shares of the company’s stock worth $345,000 after buying an additional 140 shares during the last quarter. Clearly T-Mobile is highlighting their network strength, but Jefferies notes that it would be listening closely tomorrow on the earnings call for commentary on network capacity and planning. T-Mobile’s unlimited plan starts at $70 and goes up to $160 for four lines. “The pricing they have set up reflects that”.

The latest report from OpenSignal measured network performance of the four major USA carriers: AT&T, Sprint, T-Mobile and Verizon, during Q4 2016. In a statement, Verizon Wireless President Ronan Dunne said, “We’ve built our network so we can manage all the activity customers undertake”. Verizon’s move to unlimited “may help prompt current subscribers from looking elsewhere for those options,”he said”.

Dunne also reiterated that this return to unlimited data did not mean that the company was abandoning their S, M, and L data plan tiers. 13 analysts are of a belief the stock is a “Hold”. The plan also imposes restrictions on Mexico/Canada data, talk and texting, limiting it to under 50% in a 60-day period. T and Sprint Corp.

AT&T eliminated overage fees for customers in September.

Additionally, T-Mobile announced a new promotional deal that discounts ONE plans with two lines down to $100, including taxes and fees. Customers must agree to AutoPay and paper-free billing to enroll in the plan. The industry phased out the plans as customers began overwhelming all of the carriers’ networks. Previously, video streams on T-Mobile One were limited to 480p resolution-standard definition.

“Verizon recently began upgrading its networks with LTE-Advanced technology, which definitely explains some of the big jumps in Verizon’s speed we’ve seen in the last six months in cities like NY and Orlando”, OpenSignal analyst Kevin Fitchard noted in a blog post yesterday.