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T-Mobile US beats expectations, raises subscriber forecast

July 27, 2022

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T-Mobile US beat expectations on customer additions for the second quarter of 2022 and has raised its expectations for the year in a number of areas, continuing a strong showing while AT&T and Verizon pull back on their guidance.

T-Mo landed postpaid net customer additions of 1.7 million, its best-ever Q2 number, according to the company’s second-quarter report. Postpaid phone net adds were 723,000, and T-Mo didn’t miss the chance to point out that its postpaid phone churn of 0.8% was lower than Verizon’s for the first time ever. In addition, the company brought on 560,000 net new home internet customers.

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