Skip to content

May 2, 2018

T-Mobile Q1 earnings show $10.46 billion in revenue and record low turnover

by John_A

The carrier also added 1.4 million new subscribers.

On Monday, May 1, T-Mobile announced its financial report for Q1 of 2018. Although earnings are down by 2.5% compared to this time last year, T-Mobile is showing strong numbers every else across the board.

t-mobile-logo-darkened-tradeshow.jpg?ito

Looking first at revenues, T-Mobile reported $10.46 billion to exceed analysts’ expectations of $10.35 billion. Earnings were reported at $0.78/share and the carrier added 1.4 million customers (1 million of which were “branded postpaid”) to surpass the expected 1.27 million number.

That $10.46 billion in revenue results in an 8.8% year-over-year growth for T-Mobile, and this Q1 2018 report marks the 20th consecutive quarter of which more than 1 million customers were added to the network.

Looking a bit deeper at T-Mobile’s subscriber base, customer turnover is down to just 1.07% compared to last year’s 1.18%. The carrier also hopes to increase its new customer base for the year from 2 – 3 million to 2.6 – 3.3 million.

T-Mobile announced on April 29 that it was finally merging with Sprint for $26.5 billion after years of speculation. The two carriers will work together to build up the United States’ 5G infrastructure, and while the move is being marketed as a win for consumers, the general response is still all over the place.

The T-Mobile / Sprint merger could be great for consumers, but it probably won’t be

Carriers

verizon-galaxy-s7-edge-plus-sims.jpg?ito

  • Which unlimited plan should you buy?
  • Verizon’s Unlimited plans: Everything you need to know
  • Everything you need to know about the T-Mobile ONE unlimited plan
  • Everything you need to know about the AT&T Unlimited plan
  • Everything you need to know about Sprint’s Unlimited Freedom plan
  • Join the Discussion

1x1.gif?tid=mobilenations&subid=UUacUdUn

Advertisements
Read more from News

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s

Note: HTML is allowed. Your email address will never be published.

Subscribe to comments

%d bloggers like this: