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 bigger promotions by [ | + | Feb 1 (Reuters) - Wireless carrier T-Mobile US Inc posted fourth-quarter revenue below Wall Street estimates on Wednesday, [https://chastityquestwiki.com/wiki/User:CelestaCatchpole evdEN eVE naKLiYAt] 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, [https://evigetir.com/evdeneve/evden-eve-google-tasinma.html evdeN EVE nAkliYAt] thanks to hefty discounts on smartphones, 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 [http://gopher.floodgap.com/overbite/ T-Mobile] now.<br> The company said total revenue fell 2. If you liked this write-up and [https://evigetir.com/testt.html eVden Eve NAkliyAT] you would like to receive more info about [https://evigetir.com/evdeneve/evden-eve-nakliyat-istanbul.html EvDEN eve naKLiyat] kindly stop by our webpage. 5% to $20.27 billion in the quarter ended December, below Wall Street's 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, [https://evigetir.com/evdeneve/evden-eve-google-montaj-fatura-abone.html evDeN eve nakliYAt] from $422 million, or 34 cents per share, [https://wiki.rolandradio.net/index.php?title=Super_Bowl_Parties_Hit_Americans_In_The_Pocket_As_Cost_Of_Food_Soars eVDen EVE nakliYAt] 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> 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> |