Wednesday, May 27, 2015

T-Mobile Unlikely to Partner With Others

Kevin Smithen at Macquarie Securities recently commented that, in his view, T-Mobile is unlikely to partner with anyone other than Dish Network in the near future. “We see limited operational synergies between Altice/Suddenlink, and a U.S. wireless player and the lack of meaningful FCF [free cash flow], and upcoming spectrum needs at T-Mo might make the asset less attractive to Altice anyway,” Smithen wrote. “For Comcast, an outright purchase of a wireless network is possible, but likely premature at this point; we believe the company is likely to focus on returning capital to shareholders in the near-term. Continue reading here

No comments:

Post a Comment