Morgan Stanley Anticipates Further Disruption for T-Mobile US

Loading...
Loading...
In a report published Thursday, Morgan Stanley analyst Simon Flannery reiterated an Equal-Weight rating on
T-Mobile USTMUS
. In the report, Morgan Stanley noted, “Yesterday, T-Mobile announced Un-carrier 5.0 andunexpectedly debuted Un-carrier 6.0. Starting onJune 23, Un-carrier 5.0 or ‘T-Mobile Test Drive' will allow customers to test iPhone 5s with unlimited service for seven days at no cost. On Un-carrier 6.0, customers can now stream popular music services without it counting against their data bucket, which they should find attractive. In addition, in a partnership with Rhapsody, T-Mobile announced a music streaming service called unRadio. This will be free of charge for current T-Mobile customers on unlimited plans, at a discounted price of $4/mo. for customers on other T-Mobile plans, and for $5/mo. for the public.” T-Mobile US closed on Wednesday at $32.68.
Market News and Data brought to you by Benzinga APIs
date
ticker
name
Price Target
Upside/Downside
Recommendation
Firm
Posted In: Analyst ColorReiterationAnalyst RatingsMorgan StanleySimon Flannery
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...