T-Mobile’s adjusted EBITDA
This year, T-Mobile expects its adjusted EBITDA to grow YoY (year-over-year) to $12.7 billion–$13.2 billion from $12.4 billion. The company’s adjusted EBITDA grew ~9.6% YoY to $3.0 billion in the fourth quarter, led by top-line growth, an $83 million boost by its new revenue recognition accounting standards, and a smaller impact by hurricane-related expenses. T-Mobile’s adjusted EBITDA grew in the fourth quarter despite its operating expenses rising ~6.9% YoY to $10.3 billion. Its adjusted EBITDA margin increased YoY to 36% from 35%.