View source for T-Mobile Misses Quarterly Revenue Estimates

Feb 1 (Reuters) - Wireless carrier T-Mobile US Inc posted fourth-quarter revenue below Wall Street estimates on Wednesday, as competition heats up with rivals looking to add subscribers through more attractive promotional offers.<br> The company added thousands of wireless subscribers over the last few years, thanks to hefty discounts on smartphones,  [https://evigetir.com/evdeneve/evden-eve-google-montaj-fatura-abone.html eVdEN EvE NAkliyAT] industry-low plan prices and an edge in 5G.<br><br>But a slowdown in wireless growth and bigger promotions by rivals amid rising costs are hurting T-Mobile now.<br> The company said total revenue fell 2.5% to $20.27 billion in the quarter ended December, below Wall Street's estimate of $20.6 billion, according to Refinitiv data.<br><br>It added 927,000 monthly bill-paying phone subscribers in the quarter.<br> T-Mobile's net income rose to $1. If you liked this article and you also would like to obtain more info about [https://evigetir.com/evden-eve-nakliyat.html EvDen Eve nAKliyaT] generously visit our own web page. 48 billion, or $1.18 per share, from $422 million, or  [https://bartosha.com/forum/community/profile/marcosrockwell/ eVden eve nakliYaT] 34 cents per share, a year earlier.<br> In January,  [https://evigetir.com/anasayfa.html EvDEn eVE NaKLiyAt] the company said it was investigating a data breach that may have exposed 37 million postpaid and  [https://noboruart.com/2023/03/03/russians-mock-america-for-swapping-arms-dealer-for-brittney-griner-12/ EVden eve NAkLiyAt] prepaid accounts, and it may incur significant costs related to the [https://search.yahoo.com/search?p=incident incident].<br> T-Mobile expects to add between 5 million and 5.5 million net monthly-bill paying subscribers in 2023, compared with the 6.4 million additions it reported in 2022.<br><br>(Reporting by Eva Mathews in Bengaluru; Editing by Shinjini Ganguli)<br>