T-Mobile adds more net new postpaid phone subscribers in Q3 than AT&T and Verizon combined،
T-Mobile had another good quarter
TMobile now has a company record 117.9 million subscribers. That’s up 5.5% from the 111.8 million subscribers the company had in the same quarter last year. Revenue of $19.3 billion for the quarter was down 1.2% year-over-year. At $2.14 billion, net income increased 321.7% from the $508 million reported in the third quarter of last year. Diluted earnings per share were $1.82 compared to 40 cents per share a year ago. TMobile5G Ultra Capacity, combining its medium and high band services, now covers 300 million people. Total 5G coverage now reaches 330 million people, or 98% of Americans.
including our industry-leading net additions of postpaid customers AND accounts and our highest cash flow in Un-carrier history, paint a clear picture of a sustainable, differentiated strategy that is working.
Sievert added: “Our unrivaled offering is attracting more and more consumers and businesses to Un-carrier, including, for the first time, the highest share of postpaid services.
switches in small markets and rural areas. At the same time, we are generating significant shareholder value that will propel us into a future where we have ample room to maneuver. »
The report originally sent TMobile shares rose more than $2 before sellers came in (thanks to Alphabet’s decline) and wiped out the gains and more. The stock ended the regular trading session at $140.99, a loss of 8 cents or 0.057%.