Wells Fargo Sees T-Mobile Q4 Growth

Wells Fargo Securities said it sees “impressive momentum in sub growth” at T-Mobile in Q4. But, it said in an analyst research note Tuesday, “the question remains how this sub growth translates to profitability and margins.” Wells Fargo said T-Mobile had 2.1 million total net additional subscribers relative to Q3. In another analyst research note Wednesday, Wells Fargo said T-Mobile "intends to hit its FY2014 EBITDA guidance of $5.6-5.8 billion."