T-Mobile CEO Mike Sievert Says He Expects Internet Aid Program To Go Away; End Of Aid Program May Create Mobile Demand
Portfolio Pulse from Benzinga Newsdesk
T-Mobile CEO Mike Sievert announced at the J.P. Morgan Global Technology, Media and Communications Conference that he expects the Internet Aid Program to be discontinued.
May 21, 2024 | 5:21 pm
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T-Mobile CEO Mike Sievert announced that he expects the Internet Aid Program to be discontinued. This could impact T-Mobile's customer acquisition and retention strategies, especially for low-income households.
The discontinuation of the Internet Aid Program could negatively impact T-Mobile's ability to attract and retain customers, particularly those from low-income households who benefit from such programs. This could lead to a short-term negative impact on TMUS stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100