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T-Mobile Tops Subscriber Estimates After Rivals Hit Setbacks

  • No. 2 US wireless carrier boosts forecast for customer growth
  • Company says it’s seeing some delays in customer bill payments
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WATCH T-Mobile CEO Mike Sievert discusses the wireless carrier’s second-quarter performance, growth forecast, and plans for share buybacks.Source: Bloomberg
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T-Mobile US Inc. raised its subscriber growth forecast for the second straight quarter, blowing past inflation-related setbacks that ensnared rivals AT&T Inc. and Verizon Communications Inc. 

T-Mobile now expects to add 6 million to 6.3 million new subscribers this year, up from a prior view of 5.3 million to 5.8 million. The company also led wireless competitors in second-quarter total customer growth, adding 1.7 million regular monthly subscribers, including 723,000 phone customers.