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, 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, industry-low plan prices and an edge in 5G.<br><br>But a slowdown in wireless growth and | + | 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 [https://www.flickr.com/search/?q=wireless%20subscribers wireless subscribers] over the last few years, thanks to hefty discounts on smartphones, [https://evigetir.com/evdeneve/iletisim.html eVdEn evE NaKLiyat] industry-low plan prices and an edge in 5G.<br><br>But a slowdown in wireless growth and [https://newmillennium.org.ls/blog/index.php?entryid=388543 evden eve NaKLiyat] bigger promotions by rivals amid rising costs are hurting T-Mobile now.<br> The company said total revenue fell 2.5% to $20. If you have any inquiries with regards to the place and how to use [https://evigetir.com/depolama.html eVdEN eve nAKliyAT], you can contact us at our web site. 27 billion in the quarter ended December, below Wall Street's [http://www.techandtrends.com/?s=estimate estimate] of $20.6 billion, according to Refinitiv data.<br><br>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, from $422 million, [https://evigetir.com/ee.html eVDEN eve NAKliYat] or 34 cents per share, a year earlier.<br> In January, [https://evigetir.com/gizlilik.html eVdEn eVE nAKliYaT] the company said it was investigating a data breach that may have exposed 37 million postpaid and [http://217.149.7.140/index.php?title=A_Fake_Builder_Who_Scammed_11_People_Out_Of_More_Than_%C2%A31million_And_Left_Families_With_Wrecked_Homes_Has_Been_Jailed_For_Three_Years EVdEN EVe nakliyaT] prepaid accounts, and it may incur significant costs related to the incident.<br> T-Mobile expects to add between 5 million and 5.5 million net monthly-bill paying subscribers in 2023, compared with the 6.4 million additions it reported in 2022.<br><br>(Reporting by Eva Mathews in Bengaluru; Editing by Shinjini Ganguli)<br> |