T‑Mobile Releases First Quarter 2023 Results

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T-Mobile US reported its first-quarter 2023 results on April 27, 2023. In total, service revenues of $15.5 billion grew an industry-leading 3 percent year-over-year, including industry-leading postpaid service revenue growth of 6 percent year-over-year. Net income of $1.9 billion grew 172 percent year-over-year. The company's broadband figures include:

  • Postpaid net account additions of 287,000; 
  • Postpaid net customer additions of 1.3 million;
  • Postpaid phone net customer additions of 538,000, a higher share of industry net adds year-over-year;
  • Postpaid phone churn of 0.89 percent, only operator to improve year-over-year;
  • High-Speed Internet net customer additions of 523,000. 

 


T-Mobile Delivers Industry-Leading Growth in Customers and Profitability in Q1 2023 and Raises 2023 Guidance