Difference between revisions of "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>[ | + | Feb 1 (Reuters) - Wireless carrier T-Mobile US Inc posted fourth-quarter revenue below Wall Street estimates on Wednesday, [https://evigetir.com/evdeneve/ee.html eVden EVE NAKLiYaT] as competition heats up with rivals looking to add subscribers through more attractive promotional offers.<br> The company added [https://www.thefreedictionary.com/thousands thousands] of wireless subscribers over the last few years, thanks to hefty discounts on smartphones, [https://evigetir.com/ntpc/form.html EVDEN EVe NAKliyaT] 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 T-Mobile now.<br> The company said total revenue fell 2.5% to $20. If you liked this write-up and you would such as to obtain even more details regarding [https://evigetir.com/evdeneve/evden-eve-google-tepe.html EVDen eVE NaKLiYaT] kindly browse through our own web site. 27 billion in the quarter ended December, below Wall Street's estimate of $20.6 billion, [https://evigetir.com/evdeneve/gizlilik.html 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, [https://wiki.darkworld.network/index.php/User:DeborahBrownbill evdEn eVE NaKliyaT] 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://www.wiki.lacitesansargent.org/index.php?title=Two_Weeks_Ago_Nicola_Bulley_Dropped_Her_Children_Off_At_School_Took_The_Family_Dog_For_A_Walk_And_Disappeared 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, [https://realitysandwich.com/_search/?search=compared compared] with the 6.4 million additions it reported in 2022.<br><br>(Reporting by Eva Mathews in Bengaluru; Editing by Shinjini Ganguli)<br> |
Latest revision as of 06:45, 16 June 2023
Feb 1 (Reuters) - Wireless carrier T-Mobile US Inc posted fourth-quarter revenue below Wall Street estimates on Wednesday, eVden EVE NAKLiYaT as competition heats up with rivals looking to add subscribers through more attractive promotional offers.
The company added thousands of wireless subscribers over the last few years, thanks to hefty discounts on smartphones, EVDEN EVe NAKliyaT industry-low plan prices and an edge in 5G.
But a slowdown in wireless growth and bigger promotions by rivals amid rising costs are hurting T-Mobile now.
The company said total revenue fell 2.5% to $20. If you liked this write-up and you would such as to obtain even more details regarding EVDen eVE NaKLiYaT kindly browse through our own web site. 27 billion in the quarter ended December, below Wall Street's estimate of $20.6 billion, evDeN eve NAKliyAT according to Refinitiv data.
It added 927,000 monthly bill-paying phone subscribers in the quarter.
T-Mobile's net income rose to $1.48 billion, or $1.18 per share, evdEn eVE NaKliyaT from $422 million, or 34 cents per share, a year earlier.
In January, the company said it was investigating a data breach that may have exposed 37 million postpaid and prepaid accounts, EvdeN Eve NakliyAT and it may incur significant costs related to the incident.
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.
(Reporting by Eva Mathews in Bengaluru; Editing by Shinjini Ganguli)
