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Forecasting T-Mobile’s Postpaid Phone Net Additions in Q1

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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.

Peer comparison

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.

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