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(Reuters) - T-Mobile US Inc (TMUS.O) on Tuesday exceeded Wall Street’s quarterly estimates for net new phone subscribers and profit, driven by its competitive wireless plans and trade-in offers for iPhones aimed at fending off its bigger rivals. Shares of the Bellevue, Washington-based company rose over 3 percent to $66.00 in extended trading. The third-largest U.S. wireless carrier by subscribers is awaiting regulatory approval for its deal to buy smaller rival Sprint Corp (S.N) as it strives for more scale to compete with Verizon Communications Inc (VZ.N) and AT&T Inc (T.N).

The company still expects to close the merger in the first half of boston university cufflinks next year and has so far received approval from half of the state commissions that are reviewing the deal, T-Mobile Chief Executive Officer John Legere said on a conference call with analysts, “As you can see, we are making progress,” Legere said, T-Mobile added a net 774,000 phone subscribers who pay a monthly bill during the third quarter, up from 595,000 net new subscribers it added in the same quarter last year, The results were well ahead of analyst expectations for 628,000 net new subscribers, according to research firm FactSet..

The growth was helped by new wireless plans aimed at certain users, such as those over 55 and people in the military, which helped T-Mobile gain new customer segments. T-Mobile said it now expects to add 3.8 million to 4.1 million net new postpaid customers for the full year, up from its previous expectations of between 3 million to 3.6 million. Wall Street analysts watch the so-called “postpaid” customer figure, because those users pay a recurring bill and are more valuable to the carriers.

Jonathan boston university cufflinks Chaplin, an analyst with NewStreet Research, said the results were very strong, “They are gaining traction in new market segments and new geographies,” he said, “We think they have a long way to run.”, T-Mobile’s revenue rose to $10.84 billion from $10.02 billion, beating analysts’ estimates of $10.72 billion, according to Refinitiv data, Its net income rose to $795 million, or 93 cents a share, in the quarter ended Sept, 30, from $550 million, or 63 cents a share, a year earlier..

HAVANA (Reuters) - A yellow excavator, forklift and other heavy equipment made by U.S. firm Caterpillar (CAT.N) gleam outside Cuba’s annual trade fair, reflecting once-bright hopes for increased U.S.-Cuban commerce fanned by the 2014 detente between the old Cold War foes. But inside the pavilion where U.S. firms present their wares, only eight have stands this year, according to a Reuters count. That is down from 13 last year and several dozens in 2015-16, underscoring the decline in U.S. business interest since Donald Trump became president.

Last year, the Trump administration tightened the decades-old trade embargo on the Communist-run island once more and sharply reduced staffing at the U.S, embassy in Havana due to a series of health incidents among U.S, diplomats, “Trump has scared everyone off,” said Eduardo Aparicio, general manager of U.S, logistics company Apacargoexpress, operating under an exemption boston university cufflinks to the embargo allowing U.S, companies to sell food and medical supplies here, Aparicio says he is struggling to find U.S, firms keen on doing business with Cuba given fears of reprisals from the Trump administration..

“Not that many things have changed with the Trump administration but the outlook has. It no longer feels like we are advancing,” said Jay Brickman, vice president of Florida-based shipping company Crowley Maritime Corporation, which has been shipping to Cuba for 17 years. “If you are a corporate executive who feels like nothing is happening, then eventually you look elsewhere.”. Brickman, Aparicio and others at Cuba’s premier business event said the country’s dire financial situation was another factor in declining U.S. business interest. Cuba is battling a cash crunch amid lower aid from ally Venezuela and weaker exports.

Brickman said Cuban orders via his firm were down 10 percent this year, U.S, companies had embraced Cuba in the wake of the detente reached by former U.S, and Cuban Presidents Barack Obama and Raul Castro, jostling for a foothold in an opening market of 11 million consumers, Lawyers working with U.S, firms interested in doing business with Cuba say the larger ones are taking a long-term view and remain keen, Heavy equipment maker Caterpillar, for example, had lobbied to sell in Cuba for years before one of its dealers, privately held Puerto Rican boston university cufflinks company Rimco, said last year it was opening a distribution center here..



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