News by Ang Torres on Tuesday December 08, 2015.
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T-Mobile's turnaround and growth in the last four years has been unprecedented, and while the carrier has bloodied the nose of all its rivals, it delivered more blows to Sprint. Indeed, the Magenta Network replaced Sprint as the third largest carrier in the United States. However, the Now Network is now striking back and 2015 has been its best performance in years, with the fourth quarter set to continue the solid streak.Wall Street trading company Jefferies expects Sprint to take some 50,000 customers from T-Mobile through the fourth quarter of 2015. "Given the inclusion of T-Mobile in Sprint's new half-off promotion, we reduce our postpaid handset net add estimates from 950k to 900k to reflect a modest potential impact... While it is too early to ascertain the impact of the 50% off promotion, the T-Mobile counter promotion could be an indication of early success, though we view this more a misstep by TMUS than a market inflection."-Jefferies
Ang is currently studying a degree in computer sciences, but makes time for her first love, tech. She has followed mobile trends since first jumping onto the feature phone market in 2004 and is now an unabashed Samsung fangirl.