That’s up from a $94 million loss in the third quarter past year, but down from the $361 million or $0.42 EPS the company recorded in the previous quarter.
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Today at 2:00 p.m. Central, a team of T-Mobile skywriters will be flying 6,000 feet above AT&T’s Headquarters in Dallas, TX.
“Our momentum is strong and our incredible customer growth is translating directly into solid financial growth, which makes it crystal clear that putting customers first is just good business”, said T-Mobile CEO John Legere.
When John Legere’s Change.org petition – the one urging the other major USA carriers to drop overages – crossed its 250,000 signature goal earlier this year, T-Mobile’s CEO promised that he’d “send a message that they won’t be able to ignore”. “So, as of May 1, 2014, we’ve eliminated them”. And on top of all that, its network has grown considerably; you no longer have to wonder if you’re covered by T-Mobile’s network. CFO Braxton Carter reiterated the previous statements on spectrum, saying that the release of 600 MHz airwaves through the incentive auction might bring down the price of available 700 MHz spectrum on the open market.
T-Mobile guided higher for branded postpaid net adds to a range of 3.8 to 4.2 million.
Shares of T-Mobile US Inc (NYSE: TMUS) have gained more than 50 percent year-to-date.
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The Bellevue-based wireless carrier swung to a profit of $138 million on a 7 percent revenue gain to $7.85 billion, but its stock sagged as it missed analyst predictions.
