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What to Expect From T-Mobile's Second-Quarter Smackdown, Er, Earnings Call

Every quarter, T-Mobile USA (TMUS) boss John Legere mixes his review of the third-largest telecom's performance with a healthy dose of smack talk directed at the other wireless carriers and, lately, cable companies that are edging into the wireless business.

Verizon (VZ) , AT&T (T) , Sprint (S) and Comcast (CMCSA) can expect shade thrown their way on Wednesday.

Shares of T-Mobile were down less than 1% to $61.09 Tuesday afternoon. Wall Street is expecting T-Mobile to post earnings of 37 cents per share on $9.8 billion in sales on Wednesday.

It's not that Legere lacks positive things to say about T-Mobile USA. Wells Fargo Securities LLC analyst Jennifer Fritzsche expects the carrier to lead the industry in additions of post-paid phone subscriptions and net customers. T-Mobile will likely grab subscribers from the other carriers, although the proliferation of unlimited plans may squeeze results.

The commentary during Wednesday's call won't be entirely negative. Alphabet Inc.'s (GOOGL) Google and Amazon.com Inc. (AMZN) have gotten shout-outs in recent calls as Legere pondered whether the big tech companies will enter telecom. Also, expect a plug for the Mayweather Vs McGregor boxing match at the T-Mobile Arena in Las Vegas on Aug. 26, which Legere has been promoting on Twitter.


- John Legere (@JohnLegere)

Here are the T-Mobile CEO's likely targets on Wednesday:

1. Verizon

The largest U.S. carrier has been Legere's prime target of late.

During T-Mobile's first-quarter earnings call, Legere explained his decision to release numbers right after Verizon Communications Inc. (VZ) . "One of the lessons I learned [in singing] karaoke is when the worst singer goes, you go next and after Verizon announced their earnings, I...


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