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Fly News Breaks for January 18, 2017
TMUS, S
Jan 18, 2017 | 07:44 EDT
Oppenheimer analyst Timothy Horan believes cloud infrastructure companies under his coverage remain "well positioned" going into the quarter given increasing public cloud options/competition and major Over The Top launches. Moreover, the analyst believes this will likely be the year of consolidation, and now thinks that there is a 50% chance that Sprint (S)/T-Mobile (TMUS) tie up, up from a 30% probability in December.
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