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T-Mobile US adds 1.9 million new customers in Q2
2016-07-27 15:27:00| Telecompaper Headlines
(Telecompaper) T-Mobile US has again increased its target for full-year customer growth, after adding 1.9 million new customers in Q2. Postpaid growth under the T-Mobile brand reached 890,000 new customers in the quarter, and T-Mobile raised the full-year target for this category to 3.4-3.8 million from 3.2-3.6 million previously. The customer growth helped drive a 12.1 percent annual increase in service revenue to USD 6.9 billion, and total revenues rose 12.8 percent to USD 9.2 billion. T-Mobile's adjusted EBITDA increased 35.6 percent year-on-year to USD 2.5 billion, and the EBITDA margin rose to 36 percent from 30 a year ago. T-Mobile narrowed its guidance for annual adjusted EBITDA to USD 9.8-10.1 billion from a previous range of USD 9.7-10.2 billion.
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Category:Telecommunications