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RSS FeedsT-Mobile reports strong Q1 earnings thanks to stimulus checks, 5G rollout
(Android Central)

 
 

5 may 2021 03:49:48

 
T-Mobile reports strong Q1 earnings thanks to stimulus checks, 5G rollout
(Android Central)
 


T-Mobiel continues to gain more lines, but possibly at the literal cost of revenue. What you need to know T-Mobile reported net customer additions of 1.4 million for Q1 2021. The company`s total customer base has reached 103.4 million subscribers. Revenue grew year-over-year, although revenue growth was slower than competitors. First-quarter earnings for T-Mobile have been released, which show that the company continues to grow as it adds more than 1.4 million subscribers to the network, including nearly 800,000 new post-paid customers. The company also managed a year-over-year increase in revenue of $19.8 billion, which was higher than analysts expected. T-Mobile`s successful quarter was partly attributed to stimulus checks that were rolled out to many Americans last quarter, putting more money into the economy and allowing more people to spend money. It also credited the growth to the rollout of the Magenta Max 5G plan, which gives customers truly unlimited 5G data. On the 5...


 
88 viewsCategory: Technology > Mobile > Android
 
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