T-Mobile Misses Quarterly Revenue Estimates

Feb 1 (Reuters) - Wireless carrier T-Mobile US Inc posted fourth-quarter revenue below Wall Street estimates on Wednesday, [https://evigetir.com/filomuz.html EvDEN EVe nAkLiYaT] as competition heats up with rivals looking to add subscribers through more attractive promotional offers.<br> The company added thousands of wireless subscribers over the last few years, [https://evigetir.com/evdeneve/hesaplama.html EVden eVE nAkLiyAT] thanks to hefty discounts on smartphones, industry-low plan prices and  [http://aviator.binaryoption.ae/?qa=58935/mexico-border-prison-break-cartel-leader-among-inmates-the EvdEN EVE nAKLiYat] an edge in 5G.<br><br>But a slowdown in wireless growth and bigger promotions by rivals amid rising costs are hurting T-Mobile now.<br> The company said total revenue fell 2.5% to $20.27 billion in the quarter ended December, below Wall Street's estimate of $20.6 billion, according to Refinitiv data.<br><br>When you loved this post and you would want to receive more information concerning [https://evigetir.com/evdeneve/montaj.html evdeN EVE NAKliYaT] kindly visit our webpage. It added 927,000 monthly bill-paying phone subscribers in the quarter.<br> T-Mobile's net income rose to $1.48 billion, or $1.18 per share, from $422 million, or 34 cents per share, a year earlier.<br> In January, [https://educationisourbuffalo.com/wiki/index.php/User:LiamJip4881 EVDEN eVe NakLiYaT] the company said it was investigating a data breach that may have exposed 37 million postpaid and prepaid accounts, and it may incur significant costs related to the incident.<br> T-Mobile expects to add between 5 million and 5.5 million net monthly-bill paying subscribers in 2023, compared with the 6.4 million [https://www.youtube.com/results?search_query=additions additions] it reported in 2022.<br><br>(Reporting by Eva Mathews in Bengaluru; Editing by Shinjini Ganguli)<br>