T-Mobile US reported second-quarter revenues up 14 percent year-on-year to USD 8.2 billion. Service revenues rose 12 percent to USD 6.1 billion on continued strong customer growth. The mobile operator's adjusted EBITDA rose 25 percent from the year-earlier period to USD 1.8 billion, and the margin improved to 30 percent from 26 percent a year ago and 24 percent in Q1. The company moved to a net profit of USD 361 million from a loss of USD 63 million in Q1 2015 and a profit of USD 391 million a year ago.
As reported earlier this month, T-Mobile US added 2.1 million net new customers in the second quarter, 41 percent more than in the year-earlier period, taking the total to 58.9 million. The strong growth led to another increase in its full-year forecast for branded postpaid net adds, to 3.9 million from 3.4 million. T-Mobile maintained its target for adjusted EBITDA at USD 6.8-7.2 billion and USD 4.4-4.7 billion in cash capex this year, but this excludes any impact from its recently launched JUMP! On Demand phone swap offer.
T-Mobile recorded ARPU of USD 48.19 per postpaid customer phone in Q2, up 3.8 percent from the first quarter and down 2.3 percent from a year earlier. The drop was mainly due to its Data Stash offer for rolling over monthly data allowances. Average billings per user were still up 5.9 percent year-on-year to USD 63.29, thanks to equipment installment payments. T-Mobile sold a total 8.3 million devices in the quarter, of which 7.4 million were smartphones.
