On Thursday morning, T-Mobile US (TMUS) stocks surged up to 7.6% due to robust second-quarter earnings that were recently announced. At 1:20 p.m. ET, the stock’s growth slowed slightly to a 6.5% price increase.
T-Mobile’s popular premium plans
In Q2, T-Mobile gained approximately 1.7 million new postpaid customers, primarily due to a twofold increase in subscriptions for their premium Experience Beyond plan. This growth led to a 6.9% increase in revenue over last year, reaching $21.1 billion, slightly surpassing the predicted analyst target of $21 billion. Earnings per share also saw an improvement from $2.49 to $2.84, outperforming the Street’s expectation of around $2.68.
Building the network of tomorrow
The company is posting industry-leading results while closing a couple of promising acquisitions.
In the second quarter, T-Mobile gained approximately 97,000 new fiber-optic broadband customers from Lumos. On August 1, their acquisition of UScellular will increase their network locations from around 9,000 to about 12,000 sites. The company is growing its fixed broadband options with the addition of Lumos fiber, the recently launched T-Satellite service, and a broader selection of home networking choices utilizing wireless 4G and 5G services.
Instead of idly waiting, the Magenta network is actively implementing measures to maintain their leading position within the U.S. mobility industry.
Read More
- Gold Rate Forecast
- Big Sell on Big Data: When Even the Suits Say ‘Enough’s Enough’
- Bitcoin’s Paradox: Billionaire Buys, Price Stagnates
- Elden Ring’s Switch 2 port delayed into 2026 by FromSoftware for “performance adjustments,” and people are surprisingly OK about it: “I’d rather it releases in a better state”
- ETF Exit: A Tale of Diversification and Dwindling Dreams
- Elden Ring Nightreign Minor Update 1.002.004 Brings Short List of Fixes
- General Hospital Recap, July 23 Episode: Drew Suspects Willow of Stalking Daisy
- Brent Oil Forecast
- XRP On The Brink: Are We About To Witness Crypto Fireworks Or Just Another Fizzle? 🎭
- Superman Tops Black Adam After Full Week On Nielsen, Outperforms Marvel
2025-07-24 21:32