T-Mobile US is sending a clear signal about the benefits of being bigger. The $182 billion company announced a $14 billion share buyback program on Thursday, reflecting the fact that both profit and subscriber numbers are rising. Fears that mobile prices would rise when T-Mobile acquired SoftBank’s Sprint have not materialized, allaying at least one of the potential objections to the merger.
that mobile prices would rise when T-Mobile acquired SoftBank’s Sprint have not materialized, allaying at least one of the potential objections to the merger.
T-Mobile’s strategy of keeping prices down has been a boon to inflation-cautious consumers. Last quarter, it raised itsfor additional subscribers for this year to as high as 6.3 million from a previous high of 5.8 million. Shareholders have done better too. Since it closed its merger in April 2020, T-Mobile has produced an annualized return of 25% versus AT&T
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