T-Mobile US tops Q3 net phone additions - Mobile World Live

T-Mobile US’ determination not to rise prices successful enactment with rivals AT&T and Verizon paid disconnected arsenic it racked up nett post-paid telephone subscriber additions of 854,000 successful Q3, its highest since a merger with Sprint successful 2020.

On T-Mobile’s net call, CEO Mike Sievert (pictured) besides highlighted industry-leading nett post-paid relationship additions of 394,000, the highest successful the operator’s history.

“We delivered an industry-best 1.6 cardinal post-paid nett additions, much than AT&T and Verizon combined,” helium stated, noting post-paid telephone churn of 0.88 per cent “improved 8 ground points” year-on-year.

Sievert besides highlighted advancement successful enactment to decommission 35,000 Sprint sites, the bulk of which was achieved during Q3, a twelvemonth up of schedule.

Wireless work gross roseate 4.3 per cent to $15.4 cardinal with the post-paid fig up 7 per cent.

T-Mobile raised its yearly forecast for post-paid wireless subscriber additions for the 3rd clip successful 2022, to betwixt 6.2 cardinal and 6.4 cardinal compared with the 6 cardinal to 6.3 cardinal antecedently expected.

It added 578,000 broadband subscribers, chiefly done fixed wireless entree (FWA), for a full of 2.1 million.

Recon Analytics expert Roger Entner told Mobile World Live rivals’ terms rises “increased T-Mobile’s worth differentiation”.

“Churn was precise good. The FWA nett adds were good, but I expected them to beryllium adjacent stronger”.

Net income fell 25.5 per cent to $508 cardinal with wide gross down from $19.6 cardinal successful Q3 2021 to $19.4 billion.

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