Morgan Stanley analyst Simon Flannery says that the 2017 outlook for the telecom sector resolves around the letter “T.” Flannery says that the telecom industry’s direction next year depends on taxes, Treasuries (meaning the direction and magnitude of changes in interest rates) and T-Mobile. The nation’s third largest carrier has a number of balls in the air according to the analyst, and what the carrier decides to do with them could result in a bullish or bearish telecom sector next year.
The best scenario for T-Mobile and the industry would be a merger with Sprint, Flannery says. He also … – Source
Morgan Stanley: T-Mobile could merge with Sprint or buy out U.S. Cellular in 2017
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