D
Doug Demagistris
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U.S. carrier T-Mobile just announced their first quarter earnings and results. Things are looking up!
T-Mobile has been on a streak for several quarters reporting positive growth and subscriber gains. The most staggering number among the company’s first quarter results is once again the amount of added subscribers joining the service or coming from another carrier. This number totaled to 2.2 million in the first quarter alone, which is more than any other U.S. carrier has grown in quite a while. Notably, this is also the company’s 12th consecutive quarter with over 1 million gains. This brought T-Mobile’s total to a near 65.5 million subscribers. If T-Mobile can continue at this rate, it’ll pass Verizon in just a few years.
T-Mobile’s revenues during the first quarter increased as depicted. During the period, T-Mobile saw a boost of about 13%, adding to $8.8 billion or $2.7 billion adjusted. Overall profits totaled to $479 million.
T-Mobile is strongly dedicated to bringing customers the fastest and most reliable wireless service experience across a wide-range of connected devices. The company is slated to continue to the momentum moving ahead.
For all the statistics and numbers, hit the source link to T-Mobile’s Newsroom included down below. Alternately, you can watch the official earnings call where the numbers are unveiled in entirety on video.
Source: T-Mobile
Come comment on this article: T-Mobile acquires a boat load of subscribers in the first quarter
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