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T-Mobile Unveils Impressive Results in Q1 2018 Earnings Report

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Together with Sprint, T-Mobile has been in the spotlight over the past few days. The merger agreement that the two companies made has been the biggest news lately and it looks to be that way for the next few weeks. Yesterday, however, T-Mobile made more news with its Q1 2018 earnings report.

Throughout the first three months of the year, T-Mobile added a total of 1.4 million new customers. This marks the 20th straight quarter that the wireless carrier added over a million new subs.

The number is comprised of the following:

  • 617,000 postpaid phone adds (down from 798,000 Q1 2017)
  • 388,000 postpaid "other" adds (up from 116,000 Q1 2017)
  • 199,000 prepaid customers (down from 386,000 Q1 2017)
  • 229,000 wholesale customers (up from 158,000 customer loss Q1 2017)


These numbers show that T-Mobile had a 1.07 percent branded postpaid churn for the quarter, a number that went down from 1.10 percent in the previous year. As for the branded prepaid churn, T-Mobile increased in this slightly with 3.91 percent from Q1 2017 to 3.94 percent in the recent earnings report.

As a whole, a total of 74 million customers can be accounted for by T-Mobile.

In terms of its finances, T-Mobile's service revenues went up to $7.8 billion in Q1 2018 compared to $7.3 billion in the same quarter last year. The total revenue also grew to $10.5 billion. The net income of the wireless network for Q1 2018 was $671 million, a number that went down from Q1 2017's $698 million.

By the end of Q1 2018, T-Mobile's 4G LTE network covers up to 322 million people. They expect this number to grow to 325 million before the year ends.

With these numbers, T-Mo once again expressed its plans to roll out 5G technology in the future. The company is planning to build out 5G with the use of 600MHz and millimeter wave spectrum in 30 cities this year. When this happens, the network will be using 4G and 5G bandwidths together.

But even though this is on the horizon for T-Mo's plans, you'll still have to wait for a while before you can use 5G network. One reason for this is because 5G smartphones are not expected to be available until the first half of next year.


Source: Tmo News

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22 comments:

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  1. B71 phones aren't even ubiquitous yet, and 5G Motos probably won't available until 2020 at soonest.

    In other words, 5G won't matter for at least another 2 years.

    ReplyDelete
    Replies
    1. 5G phones will be available in the last quarter of this year. Not just expensive ones.

      Delete
    2. CTO Neville Ray says that deployments of T-Mobile’s 600 MHz continue “in earnest,” with 823 cities in 31 states now covered.
      He said that, between T-Mobile’s 600 MHz and 700 MHz spectrum, they “now cover 285M POPs with live low-band spectrum.”

      T-Mobile sells 5 B71-compatible phones. You can buy two other unlocked models that work on Band 71. The following have passed FCC cert and either are or should be on sale soon:

      LG Aristo 2 Plus LM-X212TA
      Moto Z3 Play XT1929-4 with 6.1" screen
      Moto E5 Play XT1921-3 with 5.2" screen and 2800 mAh battery
      Moto E5 Plus XT1924-7 with 5000 mAh battery
      Moto G6 Plus XT1926-1 with 3200 mAh battery
      Samsung J3 2018 SM-J337T
      LG Q7 LM-Q710TS
      LG G7 LM-G710TM

      Delete
    3. I guess the OP doesn't know that T-Mobile is deploying 5G on all their spectrum, including millimeter wave in urban areas.

      Delete
  2. Nice rigging before the FCC and DOJ presentation... :-)

    ReplyDelete
  3. Coverage needs to be talked in square miles too, to have a better picture.

    I move from T-Mobile to Verizon a year ago and I don't have the issues I was having before. With T-Mobile I had lost calls, not missed calls, lost calls, people used to tell that they called me, but I never receive them, not even saw them as missed; with Verizon seems like I get all calls. With Verizon my phone shows I have around 2 signal bars but I still have constant data speed, never slow; with T-Mobile I had 4 signal bars but data was very slow. Don't believe the hype.

    ReplyDelete
    Replies
    1. You are right. Verizon only covers 2.4M square miles out of 3.3M.
      They don't cover any more POPS than T-Mobile now.

      Delete
    2. Typo. 3.8M, not 3.3M.
      So Vzw leaves 37% of the USA land area uncovered!

      Delete
    3. You forgot to tell us how many square miles does T-Mobile cover. And if you want to, also tell us the percentage of uncovered land... by T-Mobile of course.

      Delete
  4. what is a "wholesale" customer?

    ReplyDelete
  5. Eee WestchesterMay 2, 2018 at 6:55 AM

    Be wary of the store managers at TMobile stores. They promise but actually lie.

    ReplyDelete
    Replies
    1. So...they're like every other salesperson that works for commissions.

      Delete
    2. A reflection of Legere possibly?

      Delete
    3. I worked hourly plus commission for over 40 years and I can assure that you have no idea by your comment "like every other salesperson." Must be nice making things up.

      Dale

      Delete
  6. So, are bands 66 & 71 interchangable for use on both 4GLTE & 5G? Or are all current bands for the cell companies going to be used on 5G, or are we getting more new bands in future for 5G?

    ReplyDelete
    Replies
    1. Each carrier has a different strategy. Tmo has said they will deploy on all their bands. As merger was announced they say they will use 600 MHz and Sprint’s 2.5 GHz, with millimeterwave in dense urban areas. Both Sprint and tmo say initial massive MIMO deployments will broadcast LTE, with 5g at the same time when software is updated. Sprint has five cities broadcasting 64x64 MIMO LTE now.

      Delete
    2. Re the last question, there will be new high and and midband FCC auctions. Comment period just began for high and. Highband will be used in cities for high capacity and speeds. And fixed 5g. Midband for wider transmission, with lower capacity. Lowband for rural and building penetration. Millimeter wave for fixed 5g, dense urban and back haul. Many $Billions must be spent on new midband, highband even with merger.

      Delete
  7. Tmo just announced that they will compete with fixed wireless ISPs after the merger.
    They will offer a competitive choice for millions of people, with 450 Mbps speeds.
    Bring it on!

    ReplyDelete
  8. T-Mobile is offering Sprint a 4-year LTE roaming agreement. It will stay in place even if the merger does not go through. This will boost Sprint's data coverage in quite a few areas. VOIP will work on Sprint phones in these areas, but not VoLTE.

    ReplyDelete
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