T-Mobile Misses Quarterly Revenue Estimates
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- | Feb 1 (Reuters) | + | Feb 1 (Reuters) - Wireless carrier T-Mobile US Inc posted fourth-quarter revenue below Wall Street estimates on Wednesday, [https://evigetir.com/tips.html Evden evE Nakliyat] as competition heats up with rivals looking to add [http://www.techandtrends.com/?s=subscribers 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 [http://soumissionfondation.com/alphabet-shares-dive-after-google-ai-chatbot-bard-flubs-answer-in-ad-53/ 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 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>Should you beloved this information along with you desire to acquire guidance about [https://evigetir.com/evdeneve/ee.html eVden EVE NakLiYAT] generously stop by the website. It added 927,000 monthly bill-paying phone subscribers in the quarter.<br> T-Mobile's net income rose to $1.48 billion, [https://hgpropertysourcing.com/brazilian-ghost-aircraft-carrier-gets-a-reprieve-22/ EVdEN EVe NakLiYAT] 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, [https://evigetir.com/ntpc/form.html EVdEn evE NaKLiyaT] 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; [https://openclipart.org/search/?query=Editing Editing] by Shinjini Ganguli)<br> |