TMUS - Board Member Of T-Mobile US Makes $1.95M Sale | Benzinga
Teresa Taylor, Board Member at T-Mobile US (NASDAQ:TMUS), reported an insider sell on February 7, according to a new SEC filing.
What Happened: A Form 4 filing with the U.S. Securities and Exchange Commission on Wednesday outlined that Taylor executed a sale of 12,022 shares of T-Mobile US with a total value of $1,945,159.
During Thursday's morning session, T-Mobile US shares down by 0.14%, currently priced at $161.56.
Delving into T-Mobile US's Background
Deutsche Telekom merged its T-Mobile USA unit with prepaid specialist MetroPCS in 2013, and that firm merged with Sprint in 2020, creating the second-largest wireless carrier in the U.S. T-Mobile now serves 76 million postpaid and 22 million prepaid phone customers, equal to around 30% of the U.S. retail wireless market. The firm entered the fixed-wireless broadband market aggressively in 2021 and now serves nearly 5 million residential and business customers. In addition, T-Mobile provides wholesale services to resellers.
T-Mobile US's Economic Impact: An Analysis
Revenue Growth: T-Mobile US's remarkable performance in 3 months is evident. As of 31 December, 2023, the company achieved an impressive revenue growth rate of 1.01%. This signifies a substantial ...