The Telekom subsidiary T-Mobile US has again increased its growth forecast after a strong third quarter.
The Telekom subsidiary T-Mobile US has again increased its growth forecast after a strong third quarter.
The company now expects to close the fiscal year with 6.2 million to 6.4 million new contract customers. T-Mobile announced this on Thursday after the US stock market closed. Previously, the annual target was 6.0 million to 6.3 million new users.
In the past quarter, the US mobile operator gained 854,000 new contract customers – significantly more than assumed by analysts on Wall Street. Sales of $19.48 billion fell short of expectations. Bottom line, T-Mobile made $508 million. A year ago, the plus was $ 691 million. The stock rose about 3 percent in after-hours trading.
Source: Stern
Jane Stock is a technology author, who has written for 24 Hours World. She writes about the latest in technology news and trends, and is always on the lookout for new and innovative ways to improve his audience’s experience.
