In the latest trading session, T-Mobile (TMUS) closed at $114.77, marking a +0.68% move from the previous day. This move lagged the S&P 500’s daily gain of 0.96%. At the same time, the Dow added 0.61%.
Entry-level positions at T-Mobile might see a flurry of job applications soon. Yesterday T-Mobile’s new CEO, Mike Sievert, announced that the company would set a new, higher minimum wage for both full-time and part-time employees in the US.
Despite its recent growth momentum and improve competitive positioning, T-Mobile US (TMUS) because stock is trading at a premium to its historic multiple averages.
T-Mobile is the United States’ second-largest wireless carrier, with 106.9 million subscriptions at the end of its third quarter of 2021.
The company offers wireless voice and data services under the brands T-Mobile and Metro by T-Mobile. The company has over $40 million of annual revenue and was named the No. 1 wireless carrier in the U.S. by Consumer Reports in 2015.
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