Comparing T-Mobile’s Postpaid Customer Net Additions with Peers’

In the first quarter, T-Mobile’s (TMUS) net customer base grew by 1.65 million and the company marked a 24th consecutive quarter of net customer additions over 1.0 million. The company’s strong momentum doesn’t seem to be slowing down. In the first quarter, its branded postpaid phone subscriber net additions rose YoY (year-over-year) to 656,000 from 617,000, mainly due to record-low churn. T-Mobile was the industry leader in postpaid phone customer net additions for a 21st consecutive quarter.

Ready to put your morning scrolling to use? Sign up for Bagels & Stox, our witty take on the top market and investment news straight to your inbox! Whether you’re a serious investor or just want to be informed, Bagels & Stox will be your favorite email.

In the quarter ended March 31, AT&T (T) added 80,000 postpaid phone net customers, while Sprint (S) lost 189,000. Postpaid handset customers are of significant value to mobile operators. Smartphone users are the most lucrative because they tend to use more data.