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In the third quarter of 2018, T-Mobile saw an increase of 1.6 million net customers. The self-proclaimed carrier confirmed this figure when it released its latest earnings report. He also explained how it went on. more than one million net customers per quarter. According to T-Mobile, this $ 1.6 million is the third quarter of 2018, the 22nd consecutive quarter, to reach this goal of one million. In the third quarter, T-Mobile recorded a total of 1.1 million net additions of postpaid products, of which 774,000 were attributable to branded postpaid phone ads – exceeding market expectations and significantly higher than the 595,000 recorded in the third quarter of 2017 and the 686,000 recorded in the second quarter, 2018. The Company also recorded 35,000 branded prepaid net additions under its Metro by T-Mobile brand, following the change of name of the prepaid brand. MetroPCS which took place last month. The churn rate was also low once again, with T-Mobile confirming arecord low"Level of 1.02 percent. In summary, T-Mobile indicates that the total number of customers at the end of the third quarter was 77.2 million.
In terms of revenue, T-Mobile has now confirmed that it has raised $ 10.8 billion in the third quarter, of which $ 8.1 billion can be allocated specifically to service revenues. According to T-Mobile, total and service, underline the market's leading position based on continuous changes from one year to the next. For example, T-Mobile generated $ 7.6 billion in service revenue (and $ 10 billion in total) when year-to-year comparisons are made with the third quarter. of 2017. Although on a quarter-to-quarter basis, T-Mobile announced $ 7.9 billion in services revenue (and $ 10.6 billion in total) in the second quarter of 2018. The figures highlight healthy services and total revenue growth at the quarterly and annual change levels.
Context: Although for some companies and brands, disclosure of profits may be a delicate situation due to the increased vigilance of the industry and the potential consequences of these results on the market, this is not entirely the case with T- Mobile. As in recent years, T-Mobile has generally viewed these opportunities as a way to brag about how growth is growing at a rate that contrasts directly with the rest of the market. The third quarter of 2018 for T-Mobile proved to be no different, as the company once again expressed many of the prevailing sentiments that prevailed: "we were at the helm of the industry". Do the third quarter of 2018, not very different from the last quarter, or the previous various quarters, from elsewhere.
Beyond the usual net addition and revenue factors, T-Mobile has gained a better understanding of its current network, stating that it now serves 324 million people with 4G LTE technology. In addition to confirming its intention to see this figure reach 325 million by the end of the year. On 4G, T-Mobile also took the opportunity to build on Ookla's data as a source highlighting how T-Mobile is once again offering4G LTE fastestIn addition, T-Mobile explained that its 600 MHz coverage now covers 37 states and more than 1,500 cities in total.One aspect, T-Mobile attributes to the companyaggressive deployment"During the last quarter. The company has also confirmed the existence of twenty-one devices compatible with its 600 MHz spectrum.
Impact: Under normal circumstances, such good results and clearly rising trends would be attractive to a company. If they are for T-Mobile, the impact of these latest figures on the market is minimal compared to other brands because of the fact that these results have become almost banal now for the society. As it seems every quarter, T-Mobile announces its "best finances everAnd this has led to the point where the "best financial data of all time" has now become the real expectation – if they were not "records" for the company, these numbers would be more remarkable. This in turn means that T-Mobile is now in the precarious situation where the carrier's expectations of maintaining this atypical growth are increasingly under pressure with each quarter. Especially considering that T-Mobile is the one who vocally and heavily uses these growth figures to really make his competitors understand what sets him apart from the competition. Therefore, it is almost now essential that T-Mobile can continue to announce its big quarterly results.
This is partly the reason why the so-called service provider is constantly looking for new ways to add value and attract more media attention through the launch of new features, services and discounts. Although these are found most often in variousA-Carrier moves"The company wins from time to time and strong, this is also reflected in the smaller partnerships it announces each year. The most recent of these events took place this week, when OnePlus confirmed that T-Mobile will be equipped with its latest flagship smartphone, the OnePlus 6T. In fact, T-Mobile effectively plays the role of exclusive carrier of the OnePlus 6T because, although it is compatible with other carriers, T-Mobile is the only one to offer the new handset in stores to US consumers. This in itself has attracted a lot of attention because it is also the first partnership between the smartphone manufacturer and an operator. Representing another "first" for both companies involved.
Of course, there remains the issue of the T-Mobile / Sprint merger and it will likely be one of the main hubs that T-Mobile will face in the near future, the merger is still waiting for regulatory approval. If approved, T-Mobile will be in a much better position to continue facing the "Big Two" ahead, especially as the market enters the 5G era. If, for any reason, it is not approved, T-Mobile's quarterly reports may begin to paint a different picture from the one observed over the past two years. The Sprint situation was not mentioned in any significant way in the publication of the principal results, except for the usual admission that the current forward-looking statements in the press release are based on a number of factors, including the approval of the Sprint agreement.
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