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T-Mobile US raises outlook after strong Q1 growth

Tuesday 26 April 2016 | 14:20 CET | News
T-Mobile US reported another strong quarter of results, adding 2.2 million new customers in the first quarter and nearly doubling EBITDA. Customer growth included over 1 million postpaid subscribers under its own brand and 807,000 prepaid users. T-Mobile increased its guidance for the full-year to 3.2-3.6 million branded postpaid net adds, from earlier guidance of 2.4-3.4 million. The company also raised its outlook for adjusted EBITDA, to USD 9.7-10.2 billion from USD 9.1-9.7 billion. In the first quarter, adjusted EBITDA rose 98 percent year-on-year to USD 2.7 billion. Service revenues were

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Categories: Mobile & Wireless
Companies: T-Mobile US
Countries: United States
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