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A fast-growing company. T-Mobile gained 760,000 new subscribers in Q2

Published on
4/9/2023
Amended on
28/3/2024
0
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Operator T-Mobile gains 760,000 subscribers in the USA in Q2 2023 thanks to its low-price plans and 5G services. With a churn rate of 0.77%, it outperforms AT&T and Verizon. Present in Vintage Altaroc Odyssey 2021, the company posts sales of $19.20 billion.
By
Damien Hélène
Damien Hélène
This article has been automatically translated. Please excuse any inaccuracies or translation errors.

Thanks to its low-price plans and superior 5G services, operator T-Mobile gained 760,000 subscribers in the USA in Q2 2023. This is a growth figure the company hasn't seen in 8 years, putting it ahead of rivals AT&T and Verizon.

With a churn rate of 0.77%, T-Mobile also outperformed its competitors over this period, with AT&T at 0.79% and Verizon at 0.83%.

Present in Vintage Altaroc Odyssey 2021, the company has 116.6 million customers. In the second quarter of 2023, it posted sales of $19.20 billion and net income of $2.22 billion.

" We've set bold goals and implemented a sustainable, differentiated plan that's working exactly as we planned. Today, with our unique growth opportunities, the momentum of our latest initiatives and an unquenchable desire to be the best at serving our customers, we are the company to watch - and we have no intention of slowing down ," explains Mike Sievert, the operator's CEO.

Last June, T-Mobile, in partnership with Valmont Industries, broke the record for the longest flight for a drone, with a distance of 120km thanks to 5G connectivity.

In March, the operator made headlines when it bought Mint Mobile, whose main shareholder is none other than actor Ryan Reynolds, for around $1.35 billion.

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