T-Mobile (TMUS) to Bring More 5G Smartphones to Stores

Zacks Equity Research
·3-min read

T-Mobile US, Inc. TMUS is planning to bring the Samsung Galaxy A32 5G and A52 5G to its stores, increasing its product range. The wireless carrier is considered the leader with the most Android smartphone customers in the United States.

The Samsung Galaxy A02s and A12 will also be coming to T-Mobile and Metro by T-Mobile. These next-generation smartphones are powered by T-Mobile’s Advanced LTE network. The Samsung Galaxy A32 5G and A52 5G take full advantage of T-Mobile’s Extended Range 5G and Ultra Capacity 5G.

As a nationwide service provider, T-Mobile has acquired an additional mid-band spectrum, which it will deploy to take its 5G network to the next level. At the same time, it continues to deliver Sprint merger synergies and achieve annualized savings.

T-Mobile is confident of its ability to build the country’s largest and fastest 5G network. Its Extended Range 5G covers 287 million people across 1.6 million square miles. The Ultra Capacity 5G currently covers 125 million people, delivering a speed of 300 Mbps with a peak of 1 Gbps.

Recently, T-Mobile expanded its collaboration with Google across a broad range of customer experiences. T-Mobile and Google have been working together to support Android since the very beginning with the launch of the T-Mobile G1 in 2008. It plans to bring more features and services for Android customers to thrive in the increasingly digitized world.

With spectrum now dedicated to 5G in low-, mid- and high-bands, T-Mobile is well positioned to deliver innovations like standalone 5G and 5G Carrier Aggregation. The company announced its latest wireless plan — Magenta MAX. This is the first consumer smartphone plan with unlimited premium data for 4G and 5G.

T-Mobile’s shares have gained 51.4% in the past year compared with 14.1% growth of the industry.

The stock currently carries a Zacks Rank #3 (Hold).

Some better-ranked stocks in the broader industry are Plantronics PLT, Ubiquiti UI and Cambium Networks CMBM, each sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Plantronics delivered a trailing four-quarter earnings surprise of 560.4%, on average.

Ubiquiti delivered a trailing four-quarter earnings surprise of 37.1%, on average.

Cambium Networks delivered a trailing four-quarter earnings surprise of 128%, on average.

Time to Invest in Legal Marijuana

If you’re looking for big gains, there couldn’t be a better time to get in on a young industry primed to skyrocket from $17.7 billion back in 2019 to an expected $73.6 billion by 2027.

After a clean sweep of 6 election referendums in 5 states, pot is now legal in 36 states plus D.C. Federal legalization is expected soon and that could be a still greater bonanza for investors. Even before the latest wave of legalization, Zacks Investment Research has recommended pot stocks that have shot up as high as +285.9%.

You’re invited to check out Zacks’ Marijuana Moneymakers: An Investor’s Guide. It features a timely Watch List of pot stocks and ETFs with exceptional growth potential.

Today, Download Marijuana Moneymakers FREE >>

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

Plantronics, Inc. (PLT) : Free Stock Analysis Report

Ubiquiti Inc. (UI) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research