T-Mobile ( NASDAQ: TMUS) delivered another headline-grabbing quarter today, beating Wall Street estimates and extending its streak of record postpaid growth. Yet despite the strong print, shares fell 4% as investors weighed the pace of broadband additions and the modest size of management's guidance raise. The carrier reported Q1 revenue of $20.89 billion, beating consensus by $270 million and growing 6.6% year-over-year. Earnings per share came in at $2.58, ahead of the $2.47 estimate. Net income surged 24.4% to $2.95 billion, while operating income climbed 20.1% to $4.80 billion, both expanding faster than revenue, signaling healthy leverage across the business.
T-Mobile has signed as the presenting sponsor of "Kittle Things," a new series from sports entertainment platform DAZN and Team Whistle, its social-first publishing arm, Marketing Dive can exclusively share. "Kittle Things" is hosted by San Francisco 49ers tight end George Kittle and his wife, Claire, an entrepreneur, as they share their hobbies and passions alongside guests. Brands including Little Caesars, Lysol and PrizePicks have also joined as segment sponsors for a series of episodes.
T-Mobile is the first to unlock L4S across a wireless environment at scale, and we're already seeing the difference it can make...the next chapter of 5G is unfolding and T-Mobile is writing the opening lines.
This week's letter described the results of that internal review. 'First, the handful of T-Mobile employees who focused on diversity and inclusion will be redirected within Human Resources to focus on employee culture and engagement,' Nelson wrote in the letter to Carr.
KeyBanc Capital Markets downgraded T-Mobile from sector weight to underweight, citing concerns about the carrier being 'fiber deficient in a converged/bundled world.' Their analysis indicated issues with T-Mobile’s fiber infrastructure and consumer value following recent pricing changes, raising concerns of customer churn. The downgrade was influenced by expectations that T-Mobile would benefit less than peers from potential tax changes due to the OBBB (Optimized Broadband Buildout Benefits). This change comes on the heels of T-Mobile’s launch of its Fiber Home Internet service, promising a five-year price guarantee.
Saving money in today's economy isn't just smart-it's essential. For families juggling phones, tablets, and streaming services, the monthly wireless bill can add up fast.