On September 2, T-Mobile US rose 3.02% in regular trading, trading at $187.67 per share, with turnover of approximately $305 million.

On the news front, Optimum Communications announced an expansion of its multi-year partnership with T-Mobile to grow its mobile business. Under the agreement, Optimum customers will gain access to T-Mobile's 5G network along with a broader selection of compatible devices, though specific financial terms were not disclosed. The deal further solidifies T-Mobile's position in the MVNO wholesale market and is expected to generate sustained network traffic and incremental revenue.

The partnership expansion comes on the heels of a solid second-quarter earnings report in late July, where T-Mobile posted EPS of $2.99, beating the analyst consensus estimate of $2.58 by roughly 16%. The company also raised its full-year adjusted free cash flow guidance to a range of $18.4 billion to $18.8 billion. Management highlighted that its Experience tier pricing strategy has been attracting higher-quality accounts, with free cash flow margin reaching 25% in Q2. Analysts maintain an average buy rating on the stock with a mean price target of approximately $250, suggesting meaningful upside from current levels.

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