NEW YORK (TheStreet) -- T-Mobile (TMUS) shares are up 1.47% to $39.92 in afternoon trading on Friday as the stock continues to gain in anticipation of a potential merger with Dish Network (DISH).
The two companies have flirted with a merger for over a year, but recent reports that negotiations were intensifying have sent T-Mobile's stock rising to 52 week highs in trading today.
The deal is potentially worth $57 billion, according to reports.
Two years ago Dish unsuccessfully tried to acquire Sprint (S), which last year also attempted to acquire T-Mobile in a deal that would have combined the third and fourth largest mobile carriers in the U.S.
TheStreet Ratings team rates T-MOBILE US INC as a Buy with a ratings score of B-. TheStreet Ratings Team has this to say about their recommendation:
"We rate T-MOBILE US INC (TMUS) a BUY. This is driven by a few notable strengths, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, revenue growth, expanding profit margins and solid stock price performance. We feel its strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated."
Highlights from the analysis by TheStreet Ratings Team goes as follows: