T-Mobile Second-Quarter 2023 Results

T-Mobile reported second quarter 2023 results, delivering industry-best growth in postpaid customers driven by growth in postpaid phone gross additions coupled with the lowest postpaid phone churn in the industry for the first time ever.

• Postpaid net account additions of 299,000, best in industry;
• Postpaid net customer additions of 1.6 million, best in industry and raising guidance;
• Postpaid phone net customer additions of 760,000, best in industry and best Q2 in eight years;
• Ookla: In its latest Speedtest Global Index Market Analysis, T-Mobile dominated the competition, winning every single category for overall network for the third quarter in a row with undefeated 5G performance. T-Mobile’s network earned the top ranking for fastest mobile network, lowest latency, most consistent, best mobile video, best 5G performance and best 5G consistency;
• Opensignal: In its latest Network Experience Reports, T-Mobile took home several wins measuring overall network performance and 5G performance, including fastest download speeds (including 5G download speeds more than twice as fast as Verizon and AT&T), best overall live video experience, best overall consistent quality and best 5G availability;
• umlaut: In its latest 5G Network Performance Audit Report, T-Mobile once again received top honors with the overall highest 5G score including best 5G coverage, stability, and speeds.