Thursday, May 6, 2021

T-Mobile Keeps the Pedal to the Metal

 Year-over-year comparisons can be misleading. 1Q20 results were reported prior to the Sprint merger closure. Continue Reading

By John Celentano, Inside Towers Business Editor
T-Mobile (NASDAQ: TMUS) is not slowing down. With positive 1Q21 results, the company is “confident” about its performance for 2021 and over the next several years, as it continues its 5G network build and completes integration of the Sprint network.

Total 1Q21 postpaid and prepaid customers grew to 103.4 million compared to 102.1 million at year-end 2020. Service revenues for 1Q21 were $14.2 billion, essentially flat with $14.2 billion in 4Q20 and up 60 percent from $8.8 billion in 1Q20. TMUS’ capital expenditures for the quarter were $3.2 billion compared to $3.8 billion in 4Q20 and $1.8 billion in 1Q20.

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