Wireless Industry News » T-Mobile has 'several years' of additional network capacity with current spectrum
T-Mobile is relatively well positioned in the battle for network capacity, according to a recent investor note from analysts at Macquarie Capital. Citing a recent meeting with T-Mobile CTO Neville Ray, the firm wrote that "T-Mo has several years of additional capacity on existing spectrum and current growth rates." The firm also raised its expectations for T-Mobile's fourth quarter performance from 939,000 postpaid net adds to fully 1.2 million postpaid net adds.
The relatively rosy outlook is noteworthy considering Wall Street's recent withdrawal from the wireless carrier space. According to the Wall Street Journal, Verizon Wireless, AT&T Mobility, Sprint and T-Mobile have collectively lost $45 billion in market value since mid-November due to declines in their stock prices.
However, analysts, including those at Macquarie, believe that T-Mobile remains relatively well positioned in the wireless industry, and that its current stock prices do not reflect the real value of the carrier's business. Part of that value, the analysts at Macquarie wrote, is related to T-Mobile's network position. Read the full article