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View Full Version : T-Mobile Seeking Funds, Will Sell Stock



cdmagurus.com
12-08-2014, 06:15 PM
T-Mobile today said it intends to raise capital by selling up to 17.4 million shares in stock. T-Mobile said it will use the proceeds from the sale for "general corporate purposes, including capital investments and acquisition of additional spectrum." T-Mobile said the money won't be used for the AWS-3 spectrum auction, which is taking place right now. T-Mobile didn't say how much cash it hopes to raise.


More... (http://www.phonescoop.com/articles/article.php?a=14997)