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MarketBeat
MarketBeat
Jea Yu

T-Mobile: The Best Wireless Carrier Stock to Own Right Now?

The wireless industry is maturing in the computer and technology sector. Leaders like Verizon Communications Inc. (NYSE: VZ) and AT&T Inc. (NYSE: T) are showing barely any growth at 1.1% and 1.7% YoY, respectively. However, the third-largest wireless carrier in the United States is still posting impressive year-over-year (YoY) revenue growth at 6.8%. T-Mobil US Inc. (NASDAQ: TMUS) continues to fire on all pistons, hitting the new industry’s best milestones in its fourth quarter of 2024 results. The stock trades at nearly 23x forward earnings but deserves a premium as its five-year annualized growth rate still outshines its peers at 22.2%.

The ”Un-Carrier” Breaks Posts Industry Best Results

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