Mobile Reports 1.1M Net Postpaid Additions in Q4

T-Mobile US notches another strong quarter

T-Mobile, which had previously indicated its results would be better-than-expected, reported net income of $2.7 billion, or $3.11 a share, on revenue of $10.8 billion, up 5.1 percent from a year ago. Adjusted EBITDA lifted 4 percent to Dollars 2.7 billion.

For the full year, T-Mobile US reported $30.2 billion in service revenue, $40.6 billion in total revenues - both reflecting growth of more than 8% from 2016 - and net income of $4.5 billion.

T-Mobile, which covered 322 million people with 4G LTE at the end of 2017, said it would be targeting 325 million people across 2.5 million square miles by the end of 2018.

-T-Mobile US initiatede a share buyback late previous year and as of February 5th, had bought back 12.3 million shares for $783 million.

Free cash flow rose 53% to $1.1B; net cash from operations rose 28.5% to $2.1B. The net profit meanwhile advanced to Dollars 4.5 billion or USD 5.20, from 1.460 billion and 1.69 per share.

Ridiculous police sketch mocked for its simplicity leads to arrest
The image was quickly mocked on social media and compared to singer Jason Maraz. One user said: "That guy looks just like my roommate".

10 times Kim Kardashian taught North West to be a strong woman
Eboni New left a comment imitating what Kim may have told North: "Hey Sweetie take my picture as I pull my bra off". Other fans rushed to the 37-year-old's defence, claiming the image was tame in comparison to her other NSFW posts.

Dow drops 550 points as bond fears haunt stocks
The extremely volatile Dow Jones industrial average closed up 567.02 points or 2.33 percent on Tuesday to 24,912.77. The rate on the 10-year Treasury bond was about 6.66 percent versus a dividend yield on stocks of only 1.17 percent.

This number might sound familiar, but that is because T-Mobile US made a decision to purposely leak the gains a couple of weeks ago, but now it is official as the company reports its quarterly earnings. The latter was off on the back of higher deactivations from a growing customer base, increased competition and the de-emphasis of the legacy T-Mobile prepaid brand. Branded postpaid net adds were 1.1M; branded postpaid phone net adds came to 891,000. The total base reached 72.585 million customers.

Meanwhile, branded prepaid net adds were 149,000.

T-Mobile is now holding a conference call to discuss its Q4 2017 and full year results. Regarding 600 MHz, the company lit up the spectrum in 586 cities and towns in 28 states across the country, covering 300,000 square miles by the end of past year. Finally, using its 600 MHz spectrum holdings, T-Mobile US will seek to deploy the country's first nationwide 5G network by 2020.

The increase in adjusted EBITDA to $2.7 billion in Q4 2017 and to $11.2 billion in 2017 was due to strong cost performance. Forecasts put the number of net additions at 2-3 million over 2018, though it is also worth noting that T-Mobile estimates are usually conservative.

Related News:

  • Earnings Clues on Union Pacific Corporation (UNP), Inpixon (INPX) Analyst's Predictions

    Earnings Clues on Union Pacific Corporation (UNP), Inpixon (INPX) Analyst's Predictions

    Tcw Inc owns 11,627 shares for 0.01% of their portfolio. (NASDAQ:MXWL) earned "Hold" rating by Roth Capital on Monday, July 31. It increased, as 70 investors sold IBM shares while 676 reduced holdings. 43 funds opened positions while 163 raised stakes.
    Chris Ballard Gives Positive Update on Andrew Luck

    Chris Ballard Gives Positive Update on Andrew Luck

    The Colts released a statement saying they were "surprised and disappointed" by McDaniels' decision to stay with the Patriots . There is a massive amount of work that needs to be done with the Colts in order to get them moving in the right direction.
    Senate Leaders Reach Two-Year Bipartisan Deal

    Senate Leaders Reach Two-Year Bipartisan Deal

    Conservatives in the House are also expected to balk at a deal that raises spending by $300 billion over the next two years. Lawmakers need to work out a spending measure before Thursday to prevent another government shutdown .
  • Arsenal complete Pierre-Emerick Aubameyang signing for club-record fee

    Arsenal complete Pierre-Emerick Aubameyang signing for club-record fee

    He hailed Chelsea's hunger for silverware and called them the most trophy-laden English club over the past few years. It will be very exciting and I'm looking forward to it".

    Exxon Mobil: What To Do Now

    Buckingham Cap invested in 54,198 shares or 0.98% of the stock. 275,872 were reported by Denver Investment Advsrs Limited Company. The company has a market cap of $326,430.00, a price-to-earnings ratio of 16.64, a PEG ratio of 1.06 and a beta of 0.82.
    Cavaliers, Clippers still working on a deal for DeAndre Jordan

    Cavaliers, Clippers still working on a deal for DeAndre Jordan

    According to ESPN.com's Zach Lowe , the Houston Rockets , Portland Trail Blazers and Milwaukee Bucks were all in the mix. Clippers sources later told Brad Turner of the Los Angeles Times that the team wasn't actively shopping Jordan.
  • Wall Street Got Off To Another Rocky Start

    Wall Street Got Off To Another Rocky Start

    About 11.5 billion shares changed hands in USA exchanges, well above the 7.6 billion daily average over the last 20 sessions. The sell-off wiped out the Dow and S&P 500 gains for the year , and left the Nasdaq barely in positive territory for 2018.
    South Korean president to meet Kim Jong Un's sister

    South Korean president to meet Kim Jong Un's sister

    The country sent performers to the South on its Mangyongbong-92 ferry, a vessel included in sanctions against North Korean ships. Kim Jong Un has sent a contingent of athletes and cheerleaders to Pyeongchang, with his sister, Kim Yo Jong , at their head.
    Celtics Reportedly Offered Second-Round Picks, Yabusele To Grizzlies For Evans

    Celtics Reportedly Offered Second-Round Picks, Yabusele To Grizzlies For Evans

    Even though Lou Williams is no longer on the market, the Grizzlies apparently haven't been offered a first-round pick yet. In the last two weeks before the trade deadline, the Grizzlies did not make Wallace available to local media.
  • Shares in Wal-Mart Stores Inc (WMT) Acquired by Bluestein RH & Co

    Finally, BidaskClub lowered Wal-Mart Stores from a "strong-buy" rating to a "buy" rating in a research note on Tuesday, June 20th. It turned negative, as 43 investors sold PGR shares while 189 reduced holdings. 14 funds opened positions while 37 raised stakes.
    HSBC Loses Some Confidence in Capita (LON:CPI). Will Other Analysts Follow?

    HSBC Loses Some Confidence in Capita (LON:CPI). Will Other Analysts Follow?

    About 9.28 million shares traded or 77.37% up from the average. (BLUE) has risen 112.34% since February 8, 2017 and is uptrending. Out of 2 Wall Street analysts rating Forward Air, 0 give it "Buy", 0 "Sell" rating, while 2 recommend "Hold".
    Competition Commission of India fines Google for search bias

    Competition Commission of India fines Google for search bias

    The Competition Commission of India ( CCI ) focused on Google's commercial flight search function. To view the full article, register now.


Most liked

Bank of England likely to hint at further rate hike
The Bank of England is expected to keep interest rates on hold later Thursday but hint that another increase could be coming in the spring.

$14.03 Billion in Sales Expected for Walt Disney Co (DIS) This Quarter
Ls Inv Advsr Ltd Limited Liability Company holds 0% of its portfolio in Third Point Reinsurance Ltd. (NYSE:TPRE) for 2,175 shares. Monetary Management Group Inc sold 6,325 shares as the company's stock declined 2.31% while stock markets rallied.

IShares MSCI USA Equal Weighted (EUSA) Declines 0.71% for Feb 6
The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of stock price movements. A reading under 20 would indicate no trend, and a reading from 20-25 would suggest that there is no clear trend signal.

North Korea has no intention to meet United States officials during Winter Olympics
She will be traveling to the South as part of the North's high-level delegation led by its ceremonial head of state Kim Yong-nam. Kim Jong-I hadl fathered both Kim Jong-Un and Kim Yo-Jong with his third partner, former dancer Ko Yong-Hui.

White House Tells US Federal Agencies to Prepare for Shutdown
She says she opposes the budget legislation without a commitment from House Speaker Paul Ryan (R-Wis.) to vote on DACA. Part of a recent Senate funding bill includes a funding extension for CHIP (Children's Health Insurance Program).

North Carolina defeats Duke 82-78
Williams said Woods, who hasn't played since November because of a stress fracture in his foot, is on track to play in this game. Sometimes, one game can really help you if you're really good at some of these things (that have been troubling) and you win.

Users 'Extremely' Disappointed on Latest Snapchat Update
Amid fierce competition from Instagram, the company has also fixed tons of bugs in its app to enhance the user experience. Some users jokingly asked who were the ones in charge of the Snapchat update and who were responsible for the design.

Tesla posts biggest quarterly loss ever - US$675.4 mil
Symmetry Peak Management Llc bought 23,700 shares as the company's stock rose 14.18% with the market. George Galliers, an analyst at Evercore ISI, warned of "timing risk" around the reassembly process.

Vikings set to hire John DeFilippo as offensive coordinator
Another benefit of the Eagles' winning it all was that all the head coaching vacancies were filled during their playoff run. Shurmur, who spent three seasons as the Birds' OC under Chip Kelly, was recently named head coach of the New York Giants .

North Korea's Military Parade Comes at a Bad Time for Trump
Thursday's parade did include several intercontinental ballistic missiles (ICBMs) but was shorter than April's demonstration. North Korean leader Kim Jong Un , wearing a black coat and hat, appeared with his wife Ri Sol Ju , who wore a black robe.

Scenes from the Eagles' Super Bowl parade
Super Bowl MVP Nick Foles thanked the roaring crowds from the Rocky steps at the art museum. The team last won an National Football League title in 1960 - before the Super Bowl era.

Schmidt Rings The Changes For Italian Clash
The rest of the replacements are made up of Sean Cronin, Cian Healy, Andrew Porter, CJ Stander, Kieran Marmion and Joey Carbery. Ultan Dillane is dealing with a family bereavement and James Ryan will battle with Quin Roux for a place on the bench.

Syrian government warplanes kill 59, injure 139 in Eastern Ghouta - monitor
The US backed the plea but Russian Federation - a longtime ally of Syria's government - shrugged it off on Thursday. The Syrian regime forces have been conducting intensified airstrikes on the region since Thursday morning.

LAPD Submits 3 More Cases of Alleged Sexual Assault by Harvey Weinstein
The announcement comes as Weinstein faces similar investigations into his widespread sexual abuse in New York City and London. A district attorney's spokesman declined to give further details on the LAPD cases submitted for review February 1.

Injustice 2 patch 1.16 tweaks a whole load of characters
Gotta love that these are straight-up the dorky 90s Turtles we know and love, rather than some new edgy design. One interesting tidbit: a NetherRealm rep mentioned that not every character was touched in this new update.