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 [https:// | + | 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 [https://www.paramuspost.com/search.php?query=attractive%20promotional&type=all&mode=search&results=25 attractive promotional] offers.<br> The company added [https://stockhouse.com/search?searchtext=thousands 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>If you have any queries with regards to where and how to use [https://evigetir.com/iletisim.html EvDeN evE NaKliyAT], [https://evigetir.com/evdeneve/hesaplama.html evdeN Eve nAKLiyat] you can speak to us at the web page. 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, below Wall Street's estimate of $20.6 billion, [https://km.dwf.go.th/2023/02/21/safety-improved-on-worlds-first-liquid-hydrogen-carrier-after-19/ evdEn EVe nakliyat] 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, 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 [http://aviator.binaryoptions.uno/?qa=6636/three-border-agents-are-shot-one-fatally-off-puerto-rico-coast EvDeN evE NAkLiYAT] 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, evDeN eVE NaKLiyAT compared with the 6.4 million additions it reported in 2022.<br><br>(Reporting by Eva Mathews in Bengaluru; Editing by Shinjini Ganguli)<br> |