Morgan Stanley Sees T-Mobile US as Shaking Things Up in Wireless Industry

In a report published Thursday, Morgan Stanley analyst Simon Flannery reiterated an Equal-Weight rating on T-Mobile US TMUS. In the report, Morgan Stanley noted, “T-Mobile is again shaking things up in the wireless industry following pricing/promotional moves at the other carriers. This reinforces the risk that the industry is headed down a slippery slope despite hopes that customer bills can remain largely stable. Furthermore, the competitive moves by T-Mobile and Sprint would seem to argue against the need for industry consolidation.” T-Mobile US closed on Wednesday at $31.71.