T-Mobile's User-Growth Outlook Brightens, Profit Stays Same
- Company will add more customers than expected in 2017
- Fastest-growing U.S. carrier maintains earnings forecast
T-Mobile's Legere Says Competitors Struggling to Keep Up
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T-Mobile US Inc. will gain more subscribers than expected this year amid intensified competition from Verizon Communications Inc. and AT&T Inc., even if it means taking a hit on profit.
The third-largest U.S. wireless carrier will add 2.8 million to 3.5 million customers this year, up from an originally forecast range of 2.4 million to 3.4 million, according to a statement Monday. At the same time, the Bellevue, Washington-based company maintained its profit outlook for 2017, suggesting the cost to get those new customers in the door will offset the additional earnings they generate.