Deutsche Telekom expects it will have to invest $600 million extra this year to sustain the pace of acquisition-driven customer growth in the United States, Chief Financial Officer Timotheus Hoettges told reporters on Thursday. Deutsche Telekom said it expected T-Mobile US to add 500,000 to 700,000 new customers in the second half of this year, resulting in total annual customer growth of 1-1.2 million customers.
Shares of TMUS remained unchanged at $24.01. In the past year, the shares have traded as low as $16.01 and as high as $29.02. On average, 4286520 shares of TMUS exchange hands on a given day and today's volume is recorded at 0.
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