T-Mobile US, Inc. (TMUS)'s CEO Might Not Leave, Believes Jim Cramer

T-Mobile US, Inc. (NASDAQ:TMUS) is one of the Jim Cramer Says US Has To Give Some Chips To China & Discusses These 10 Stocks.

T-Mobile US, Inc. (NASDAQ:TMUS) is a major American telecommunications carrier. Its shares are flat year-to-date even though they were up by 23% by mid-February. T-Mobile US, Inc. (NASDAQ:TMUS) has suffered due to various factors. One such headwind came in April after the firm’s first-quarter earnings report. The results saw the stock fall by 11% after T-Mobile US, Inc. (NASDAQ:TMUS) added 495,000 subscribers in the first quarter which fell short of analyst estimates of 502,000. The shares were dealt with another setback in June after a major investor, Japan’s Softbank, dumped a whopping $4.8 billion of T-Mobile US, Inc. (NASDAQ:TMUS)’s shares. As for Cramer, he has been wondering for quite a while whether the firm’s CEO Mike Sievert might be on his way out. His recent remarks also revolved around the possibility:

“We don’t know if he’s [Sievert] going to leave yet, we don’t know when, they’re not gonna put a release out. They’re not gonna put a release out. It’s not done and I hope he stays because I think he’s fantastic.”

In his previous remarks, Cramer has also commented on T-Mobile US, Inc. (NASDAQ:TMUS)’s iPhone deals:

“Remember, T-Mobile you can still get a very good deal on T-Mobile phones. If you want to go in and get an Apple phone, I do suggest. that people recognize that you’ll probably be getting a Samsung phone, a year from now if a certain part of the White House has its way.”

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Disclosure: None. This article is originally published at Insider Monkey.