The Gabelli Global Content & Connectivity Fund on T-Mobile US Inc.
Thesis
T-Mobile raised its 2027 targets for service revenue, EBITDA, and free cash flow. Gabelli expects continued share gains, broadband growth, and monetization of the company's scale and 5G Advanced network to support growth over the next few years. Advertising, financial services, edge computing, and physical AI provide longer-term optionality.
“Management expects meaningful incremental growth over the next few years.”
Key risks
- Potential Starlink entry into the wireless market