T-Mobile US, Inc. (TMUS - Free Report) is extending its “Season of Free” to Nov 26 with Cyber Monday deals for new customers joining online and Apple deals on offer.
As part of the wireless carrier’s promotional strategy, new customers can get an Apple Watch or iPad, with up to $529.99 off on it through 24-monthly bill credits when they activate a new account with a voice and data line.
In a bid to woo customers, the offer, available only on Monday, will provide the benefits of T-Mobile ONE, including unlimited talk, text and data, an hour of Gogo Inflight wi-fi and Netflix.
Such leading service innovation will help to enhance T-Mobile’s top line, which recorded a compound annual growth rate of 33.6% from 2007 to 2017. The company’s advanced nationwide 4G LTE network delivers superior wireless experiences to 77.2 million customers.
Furthermore, T-Mobile will benefit from its solid operational performance while its pending merger with Sprint Corp. (S - Free Report) awaits regulatory approval. The company has received shareholder approval related to the merger. Its customer growth will continue to accelerate, benefiting from the investments in network and in enriching customer experience. We remain impressed with the solid growth potential of the company.
Courtesy of such coveted wireless service offerings, the stock has outperformed the industry with an average return of 6.8% compared with 2.6% rise of the latter in the past year.
T-Mobile currently has a Zacks Rank #3 (Hold). Better-ranked stocks in the industry include ATN International, Inc. (ATNI - Free Report) and United States Cellular Corp. (USM - Free Report) , both sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
ATN International surpassed earnings estimates thrice in the trailing four quarters with the average positive surprise being 138.1%.
United States Cellular has a long-term earnings growth expectation of 1%. It beat earnings estimates in each of the trailing four quarters, the average positive surprise being 108.1%.
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