With Sprint merger closed, T-Mobile surpasses AT&T as No. 2 wireless provider

With Sprint merger closed, T-Mobile surpasses AT&T as No. 2 wireless provider
  • After finalizing its merger with Sprint in the second quarter and posting solid customer growth, T-Mobile on Thursday said it has officially surpassed AT&T to become the No. 2 wireless carrier.
  • T-Mobile added a net 1,245,000 customers in Q2, bringing its total customer count to 98.3 million. The company reported revenue for the quarter slightly above market estimates.
  • Net income came to $110 million, with diluted earnings per share of 9 cents. Total revenues were $17.7 billion.
  • Total service revenues for the quarter increased year-over-year to $13.2 billion, driven by the Sprint merger and continued customer growth at T-Mobile. Total service revenues exclude approximately $1 billion of Boost revenues that are reflected in discontinued operations.
Robert W Neill Jr
Investor in 20+ startups. Real Estate Broker, can refer you to the best agents to buy or sell or lease space anywhere worldwide.

That is interesting, thought AT&T was No. 1