Preliminary fourth-quarter results from T-Mobile indicate the U.S. wireless market is regaining its balance, MoffettNathanson Research said.
The fight over net neutrality is far from over despite the FCC's vote this week, according to analysts.
The failed merger of T-Mobile and Sprint is likely beneficial to the overall wireless market, according to MoffettNathanson, but Sprint's future is far from clear.
Sprint shares edged upward after the carrier posted 279,000 postpaid net subscribers in the third quarter amid rumors of a merger with T-Mobile.
The nation's second-largest mobile network operator lost 97,000 postpaid net phone customers in the third quarter but saw strong growth in its prepaid user base.
Crown Castle's shares rose after it posted third-quarter earnings, but analysts said its fourth-quarter guidance did little to illuminate the market.
Sprint investors are betting heavily that the carrier will eventually merge with T-Mobile, according to MoffettNathanson.
Google's move to acquire HTC's team of Pixel developers is a tactical move against manufacturers of Android devices in addition to taking on Apple.
The wireless industry is "secularly unappealing" despite a relatively rosy second quarter, according to MoffettNathanson.
A marriage between T-Mobile and Sprint remains the most logical potential merger in the wireless industry, according to MoffettNathanson.