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T-Mobile Beats Fourth Quarter Profit Forecasts

Shares are up.

T-Mobile on Wednesday reported fourth-quarter earnings of $297 million.

On a per-share basis, the Bellevue, Washington-based company said it had profit of 34 cents.

The results beat Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 12 cents per share.

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This article originally appeared on Recode.net.

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