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T-Mobile adds more postpaid net subscribers in Q1 than AT&T and Verizon combined

Overall, postpaid net customer additions were 1,3 million, more than AT&T and Verizon combined, though down 61.000 year-over-year. Prepaid net customer additions of 26.000 were down 36.000 year-over-year. The prepaid loss, which is usually much higher than the postpaid, was 2,76%. The total number of customers reached a record of 114.9 million subscribers.

The CEO of T-, Mike Sievert, λώντας για την έκθεση, δήλωσε: «Η εστιασμένη εκτέλεση της T-Mobile έναντι του σκόπιμου σχεδίου ανάπτυξής μας απέφερε την καλύτερη στην κατηγορία της μεταπληρωμένη και ευρυζωνική αύξηση πελατών και κερδοφορίας το 1ο τρίμηνο που μας έδωσε εμπιστοσύνη για να αυξήσουμε την καθοδήγησή μας για το 2023 για τους πελάτες και την κερδοφορία. Για περισσότερα από δέκα χρόνια, ο Un-carrier έχει δώσει προτεραιότητα στους πελάτες και θα συνεχίσουμε να κάνουμε ακριβώς αυτό».

The executive added: "Our unique ability to deliver the best network and best value, combined with moves like Phone Freedom and our new Go5G plans, will continue to fuel our profitable future growth in this competitive environment."
Last week T-Mobile announced its new Go5G plans as part of the wireless carrier's latest Un-carrier move, "Phone Freedom." The new Go5G plans also give subscribers either s or existing ones, the possibility to upgrade to a new phone every two years. T-Mobile also noted that the 5G signal covers 326 million Americans with 275 million covered by T-Mobile's Ultra Capacity 5G, which uses the carrier's mid-band spectrum to deliver faster 5G data speeds than national service. These messages are expected to reach 300 million people by the end of the year.
For the quarter, T-Mobile reported Q1 revenue of $19,6 billion versus $20,1 billion for the first quarter last year. Net income for the three months was $1,94 billion compared with $713 million in the same period in 2022. That led to a jump in earnings per share (basic) to $1,59 from 0,57 cents last year. The carrier also raised its guidance for the year and now expects to add 5,3 million to 5,7 million net postpaid customer additions, from the original of 5 million to 5,5 million.
Despite all that good news, investors were expecting more, and T-Mobile shares fell $5,28, or 3,52%, to $144,66 on Friday morning.



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