Friday, July 30, 2021

T-Mobile US raises 2021 financial guidance

T-Mobile US reported Q2 revenues of $20.0 billion up 13% year-over-year. Service revenues amounted ti $14.5 billion up 10% year-over-year. Net income was $978 million, 8x more than last year, with diluted earnings per share of $0.78.Some highlights:Approximately 80% of Sprint customer traffic is now carried on the T-Mobile networkOne-third of Sprint customers have been moved to the T-Mobile networkNet customer additions of 1.4 million in Q2 2021...