T-Mobile US Reports Second Quarter Results

T-Mobile released their second quarter results today and The Wall Street Journal reported the 2013 Q2 Highlights as follows:

   -- Total customer net additions of 1.1 million, an improvement of 1.3

      million net additions year-over-year

   -- T-Mobile led the US wireless industry in the second quarter with 685,000

      branded postpaid phone net additions

          -- Branded postpaid net additions of 688,000, an improvement of more

             than 1.2 million year-over-year

          -- Total branded customer net additions of 678,000, the strongest

             growth in four years

   -- Record low branded postpaid churn of 1.58%, a decrease of approximately

      50 basis points year-over-year

   -- Adjusted EBITDA of $1.1 billion -- pro forma combined(1) adjusted EBITDA

      of $1.3 billion

   -- 4G LTE network rollout ahead of plan with 157 million people covered in

      116 metro areas

   -- Successful execution of major strategic initiatives including the launch

      of the iPhone, the launch of Simple Choice and JUMP!, and the pending

      spectrum acquisition from U.S. Cellular

   -- Rapid progress with the integration of MetroPCS -- expansion of MetroPCS

      brand into 15 new markets