T‑Mobile Releases First Quarter 2023 Results
April 28, 2023
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