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Remarks uttered by the CEO of T-Mobile US ( TMUS -6.12% ) on Monday weren't exactly well received by investors. Absent any other market-moving news about their stock, they traded out of the No. 3 mobile carrier assertively. By the end of the day, its price had sunk by more than 6%, notably worse than the 0.6% drop of the S&P 500 index. Fourth-quarter caution Speaking at the UBS Global Media and Telecommunications conference Monday, T-Mobile US Chief Mike Sievert essentially said his company's investors should prepare for some discouraging news coming down the pike. Specifically, he warned that certain factors will act as tailwinds on the telecom company's results, and some figures won't be as good as they were in the third quarter. Much of this has to do with an anticipated slowdown in customer additions, which Sievert described as notching a "decade-long record" in said quarter. The company's performance in this aspect of its business was indeed strong, with net "adds" of 865,000 subscribers in that period. This development was a key factor in T-Mobile raising a clutch of metrics in its full-year 2024 guidance, including customer additions, net cash from operations, and non-GAAP (adjusted) free cash flow. The market overreacts This shouldn't necessarily come as a shock to investors or telecom industry watchers. As a whole, the U.S. market is relatively saturated, and the game now is to find new income streams from existing customers -- hence, the promotion of products such as home internet service. I think a relatively softer quarter isn't surprising given how robust No. 3 was in many respects, and I feel T-Mobile US bulls should stay the course and not get discouraged.New Delhi, Dec 30 (IANS): The share of Ola Electric fell around 3 per cent on Monday after some fresh high-level exits at the company, including its Chief Marketing Officer Anshul Khandelwal and Suvonil Chatterjee, Chief Technology and Product Officer. On Monday, the share was trading less than Rs 86 apiece, after falling nearly 3 per cent. Khandelwal and Chatterjee stepped down from their roles at the company, effective December 27, citing personal reasons. Both executives initially joined Ola's ride-hailing business before transitioning to Ola Electric Mobility. Several top executives of the company have tendered their resignations this year as the company faces mounting pressure. N Balachandar, Group Chief People Officer, left the EV company in November after overseeing HR for Ola Electric, Ola Cabs, and Krutrim AI. In October this year, Ravi Jain, Business Head of Krutrim AI, and Sidharth Shakdher, CBO of Ola Mobility, left the company. After a blockbuster sales figure in October due to the festive season, Ola Electric vehicle registrations dropped by 33 per cent in November. According to Vahan portal data, the number of registrations of Ola Electric vehicles in November fell by 33 per cent on a month-on-month (MoM) basis to 27,746 units. In October last year, this figure was more than 40,000 units. Due to fewer registrations, the company's market share dipped to 24 per cent in November, which was 30 per cent in October. However, the company still maintains the first position in the electric two-wheeler market by sales. Bhavish Aggarwal-led Ola Electric has seen volatility in sales in recent months. The reasons for this were attributed to increasing competition in the market and poor service and product quality.Monster who gouged mum's eyes out transferred to 'cushy' open prison
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