T-Mobile US
T-Mobile was given a breath of life when it merged with Sprint in April 2020 in a bid to topple its biggest competitors AT&T and Verizon. The fusion proved to be profitable months after the deal, and the German telecommunication company reported a 71-percent increase in revenue by December 2020.
London-based Egerton Capital is not kidding when it comes to investing, especially in T-Mobile now that it’s boosted. The John Armitage and William Bollinger hedge fund beefed up its stake by buying 3.5 million shares, showing that the investors saw renewed potential in the company.
