T-Mobile’s postpaid phone net additions
T-Mobile (TMUS), the third-largest wireless carrier in the United States, is looking to showcase its strength before its first-quarter earnings release. T-Mobile is scheduled to report its first-quarter results on April 25.
On April 25, T-Mobile is expected to report an adjusted EPS of $0.91, which would represent ~16.7% growth YoY (year-over-year). Analysts expect T-Mobile’s total revenues to increase ~5.2% YoY to $11.0 billion in the first quarter. The company is expected to report 700,000 postpaid phone customer net additions.
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In the fourth quarter of 2018, T-Mobile gained 1.0 million postpaid phone net subscribers due to the continued growth in its existing and greenfield markets. T-Mobile’s new subscriber segments and rate plans were also successful. The company gained 891,000 postpaid phone net customers in the fourth quarter of 2017.
Verizon (VZ) is expected to report a loss of 10,000 postpaid phone net subscribers in the first quarter. AT&T (T) is expected to report 40,000 postpaid phone subscriber net additions. Sprint (S) is expected to report a loss of 200,000 postpaid phone net subscribers in the same quarter.
Analysts expect T-Mobile to report a postpaid phone churn rate of 0.97% in the first quarter—compared to 1.07% in the first quarter of 2018.
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