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Why T-Mobile Stock Jumped Today

TheMotleyFool

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Shares of T-Mobile (NASDAQ: TMUS) climbed by 6.5% on Friday, following the wireless-network operator's strong second-quarter results.

T-Mobile continues to enjoy some of the best growth in the U.S. telecom industry. It added more than 1.2 million net new customers in the second quarter. This figure includes 1.1 million postpaid subscribers, who pay monthly bills and are generally the most profitable and sought-after wireless customers.

Thanks to its blockbuster merger with Sprint, T-Mobile's total customer base now stands at 98.3 million, which places it ahead of AT&T (NYSE: T) and behind only Verizon (NYSE: VZ).

Source Fool.com

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