We recently published 14 Latest Stocks on Jim Cramer’s Radar. T-Mobile US, Inc. is one of the stocks Jim Cramer recently discussed.
Copyright: ralwel / 123RF Stock Photo
T-Mobile US, Inc.’s shares, like those of its peers, are trading lower this week due to SpaceX’s decision to spend a whopping $17 billion to acquire spectrum from EchoStar. The deal allows SpaceX to own spectrum through which it can directly beam down connectivity to smartphones. However, in this appearance, Cramer discussed how T-Mobile US, Inc. plays a key role in offering deals to consumers for Apple’s iPhone:
“[On the new iPhone Pro generating hype] I always think you have to understand the state of play of Verizon, of AT&T, of T-Mobile. T-Mobile has historically under Sievert come in and then said, listen, you want a phone? Don’t pay any attention [to] what you heard from Apple. Here’s the deal and you go to Costco, David, and you look at the T-Mobile deal and you say this phone is cheaper than the 13. I mean they make deals, so let’s not freak out about how, like you’ll hear wow it’s really expensive. But if I get a new camera, and whatever new device, maybe something that is, has better resolution. I don’t know. I might just switch. Because it doesn’t cost much to switch.”
READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.
This article is originally published at Insider Monkey.
