T-Mobile Edges Up on Wireless Survey, Sprint Climbs Higher on Expansion - Telecom Winners & Losers

NEW YORK (TheStreet) -- T-Mobile (TMUS) climbed higher Friday, after a favorable survey of its wireless subscribers was released by Pacific Crest. Sprint (S) rose after announcing an expansion of its free data roaming program in select countries. Frontier Communications (FTR) soared after a publication notes 5 things investors should take notice in the telecom company.

T-Mobile inched up 0.94% to close at $34.40.

The wireless carrier received a boost after securities firm Pacific Crest released its survey of subscribers. In the report, which surveyed 1,289 users, T-Mobile demonstrated it is able to grow its subscriber base overall as users leave and join the carrier's wireless plan.

This positive net churn is a stark comparison to the other four large telecommunications companies, which have overall lost customers as they leave and join the carriers for the past two consecutive quarters, according to a Bidnessetc.com report.


Sprint climbed 1.7% to end the day at $4.82.

The telecom company announced plans to expand its free data roaming program to users traveling in the countries of Colombia, Denmark, Honduras, Ireland, Italy, Paraguay and Sweden.

Under the International Value Roaming service, it covers 22 countries in total and subscribers can call for anywhere in the world from these newly named countries in the program for 20 cents per minute.


Frontier Communications soared 4.1% to end the day at $5.64.

The telephone company may have received a boost after an article in Investopedia noted five things that investors should take note of regarding the company's strategic plan and areas to key into in the months ahead and long-term.

With its new CEO Dan McCarthy, investors should watch for retaining existing subscribers to grow, as well as a push to move customers to higher-speed data tiers and generate higher revenue as a result, according to the report.

This article is commentary by an independent contributor. At the time of publication, the author held no positions in the stocks mentioned.

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