T-Mobile US (NASDAQ: TMUS) is ready to join its fellow telecom giants in becoming a massive cash cow.
Management provided an updated outlook for the full year with its third-quarter earnings report, and it suggests free cash flow of about $2 billion for the fourth quarter. That's an 80% increase from last year.
Fueling that free cash-flow growth is the completion of its integration with Sprint, which comes with some hefty expenses. With that behind it, full-year 2023 free cash flow is about to explode.
For further details see:
T-Mobile's Free Cash Flow Is About to Explode