Wednesday, January 10, 2018

T-Mobile v.s Sprint

T-Mobile History
  • Germanys first mobile-communications, were owned by the state postal monopoly
  • July 1st 1989 Germany created their first mobile phone network, consolifated telecommunications into Deutsche Bundespost Telekom.
  • 1994 they enterned the US market, when the company bought out Wester Wireless corporation.
  • 1996 first time used T-prefix
  • Controls smaller business

    • Germanys first mobile-communications, were owned by the state postal mono
    • Sprint History
      • Origin from Brown Telephone Company
      • Founded 1899
      • American Wireless & Carries highest quality internet
      • Controls Smaller Companies

      Profitability

      Sprint
      As of March 31, 2016
      $1,995,000,000/$32,180,000,000= 0.062
      Profit Margin- 6.2%
    • T-Mobile
      As of March 31, 2016
      $733,000,000/$32,053,000,000= 0.023
      Profit Margin- 2.3%

      Liquidity
      Sprint

      $6,833,000/11,963,000= 0.57

      Current Asset Ratio: 0.57:1




      T-Mobile

      $14,890,000/$9,528,000= 1.56

      Current Asset Ratio- 1.56:1

      Solvency

    • T-Mobile

      $44,879,000/$62,436,000= 0.73

      Debt to Assets Ratio= 73.5%
    • Sprint

      $59,192,000/$78,975,000= 0.75

      Debt to Assets Ratio- 75%

    • Screen Shot 2016-11-22 at 11.14.44 AM.png
    • Screen Shot 2016-11-22 at 11.15.04 AM.png
    • Conclusion

          T-Mobile  is a more successful company because of its lower variable costs. Inevitably, T-mobile can pay off their debts in the long run, and they are expected to continuously bring in a preeminent revenue in the long run.