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T-Mobile reports ‘beat-and-raise’ Q1 as it executes ‘worst-to-first’ strategy

May 5, 2021

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T-Mobile US this week report a strong first quarter marked by 1.2 million postpaid net subscriber additions and 773,000 postpaid adds. T-Mo reported total revenue of $19.8 billion with net income of $993 million. In what CEO Mike Sievert described as a “beat-and-raise quarter,” the operator has raised full-year guidance to 4.9 million postpaid subscriber additions from 4.7 million with both figures representing the high-end of guidance.

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