T-Mobile announces $14 billion buyback

© Reuters. FILE PHOTO: A T-Mobile logo is advertised on a building sign in Los Angeles, California, U.S., May 11, 2017. REUTERS/Mike Blake/File Photo

(Reuters) -Telecom giant T-Mobile unveiled a $14 billion share buyback on Friday.

The company in September had announced its plans to return up to $50 billion to shareholders through 2027 through share buybacks and dividends.

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