T-Mobile US Inc

TMUS: XNAS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$384.00	Wrrlnt	Bsltcwdq

Strong Execution Continued Into Q2 at T-Mobile; Shares Modestly Undervalued

Michael Hodel

Jul 27, 2022

T-Mobile continued to execute well during the second quarter, and management again raised expectations for the full year. The firm again displayed the best balance of customer growth and pricing improvements among the three major carriers, producing industry-leading wireless service revenue growth. We are maintaining our $155 fair value estimate, leaving the stock modestly undervalued.

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