T-Mobile Misses Quarterly Revenue Estimates
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- | Feb 1 (Reuters) - Wireless carrier T-Mobile US Inc posted fourth-quarter revenue below Wall Street estimates on Wednesday, | + | Feb 1 (Reuters) - Wireless carrier T-Mobile US Inc posted fourth-quarter revenue below Wall Street estimates on Wednesday, as competition heats up with rivals looking to add subscribers through more attractive promotional offers.<br> The company added thousands of wireless subscribers over the last few years, thanks to hefty discounts on smartphones, [https://wiki.melimed.eu/index.php?title=Laura_Whitmore_Steps_Out_After_Receiving_An_ASA_Ban EvDen EVE nAKliYAt] industry-low plan prices and an edge in 5G.<br><br>But a slowdown in wireless growth and bigger promotions by rivals amid rising costs are hurting T-Mobile now.<br> The company said total revenue fell 2.5% to $20.27 billion in the quarter ended December, [https://aguawiki.com/index.php/Usuario:DonnyE099581118 evdeN eVe NaKliYAT] below Wall Street's estimate of $20.6 billion, according to Refinitiv data.<br><br>For those who have virtually any inquiries relating to where by as well as tips on how to work with [https://evigetir.com/testt.html EvDen Eve nAKliYAT], it is possible to call us with our page. It added 927,000 monthly bill-paying phone subscribers in the quarter.<br> T-Mobile's net income rose to $1.48 billion, or $1.18 per share, [https://evigetir.com/index.html eVdEn EVE NAkliyaT] from $422 million, or 34 cents per share, a year earlier.<br> In January, the company said it was investigating a data breach that may have exposed 37 million postpaid and prepaid accounts, and it may incur significant costs related to the incident.<br>[https://www.atacannakliyat.com/ atacannakliyat.com] T-Mobile expects to add between 5 million and 5.5 million net monthly-bill paying subscribers in 2023, [https://evigetir.com/hassasnakliye.html eVdEn eve NaKliyaT] [https://www.wordreference.com/synonyms/compared compared] with the 6.4 million additions it reported in 2022.<br><br>(Reporting by Eva Mathews in Bengaluru; Editing by Shinjini Ganguli)<br> |