T-Mobile recorded higher revenue growth as it continues to add customers.
Postpaid net customer additions surged by 2.3 million, and it also reported the highest amount of Q3 postpaid phone net customer additions in over a decade at 1 million.
This contributed to its 12% year-over-year postpaid service revenue growth of US$14.9 billion, marking the best in industry growth according to the company.
T-Mobile also said it achieved the best in industry growth for overall services revenues, with a rise of 9% to US$18.2 billion.
It also recorded a strong net income of US$2.7 billion and diluted earnings per share of US$2.41.
Core Adjusted EBITDA also rose to US$8.7 billion, marking a 6% growth from the same time last year.
The company was also recognised by Opensignal as the 5G Global Winner in 5G Coverage Experience and Global Leader in 5G reliability.
The new iPhone 17 is also the fastest on the T-Mobile network, with median overall download speeds nearly 90% faster than one benchmark competitor.
T-Mobile incoming CEO Srini Gopalan said this has helped drive customer growth.
“Q3 once again proves that our differentiated strategy is working — more and more consumers recognise our industry-leading network and elevated customer experiences through digital innovation,” Gopalan said.
We are even more convinced in our future than ever before, as we continue taking profitable share through wireless, through broadband, and smart adjacencies, investing to defend our network leadership, while further improving network perception, and effecting a digital transformation — all of which will allow the Un-carrier to widen our margin of differentiation.”
Srini is set to succeed the previous CEO, Mark Sievert, effective on 1 November.
Following positive Q3 earnings, T-Mobile has raised its outlook for 2025.
It is expecting postpaid net customer additions to reach 7.2 million to 7.4 million, up from prior guidance of 6.1 million and 6.4 million.
The company also expects Core Adjusted EBITDA to be between US$33.7 billion and US$33.9 billion, an increase from previous guidance of US$33.3 billion to US$33.7 billion.
