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> | + | 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, [http://apcav.org/foro/profile/franciscaback8/ EVdeN EvE naKliyat] industry-low plan prices and evDen eve NAKliyaT 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 [https://www.hometalk.com/search/posts?filter=company company] said total revenue fell 2.5% 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, Evden EVe nAkLiyat or $1.18 per share, from $422 million, or 34 cents per share, a year earlier.<br> In January, [https://evigetir.com/evdeneve/depolama.html EvdeN EVE Nakliyat] 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 [https://jrog.club/wiki/index.php/United_Airlines_Technicians_Vote_To_Ratify_New_Contract EVDen EVe nAKliyAt] 5.5 million net monthly-bill paying subscribers in 2023, compared with the 6. In case you have almost any issues concerning exactly where along with the best way to employ [https://evigetir.com/evdeneve/evden-eve-google-nakliye-hizmeti.html EVDen EVE NAkliYaT], you are able to e mail us at our own website. 4 million additions it reported in 2022.<br><br>(Reporting by Eva Mathews in Bengaluru; Editing by Shinjini Ganguli)<br> |
