T-Mobile Leaves New York Stock Exchange to Be Listed on Nasdaq

AT&Ts T-Mobile Purchase Questioned by FCC Official
Photographer: Jin Lee/Bloomberg

T-Mobile US Inc. will transfer its listing from the New York Stock Exchange to the Nasdaq in a move that the company said it expects will be seamless for investors and shareholders.

Bellevue, Washington-based T-Mobile overtook Sprint Corp. in July to become the third-largest U.S. wireless carrier by users. T-Mobile shares are expected to begin trading on Nasdaq Oct. 27, keeping its TMUS ticker, the company said in a statement Friday.

T-Mobile rose 1.1 percent to $39.94 on Thursday in New York. The stock is up 48 percent this year, compared with a 2.9 percent gain by Sprint.

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