T-Mobile topped 1 million new customers for the 13th quarter in a row

T-Mobile Binge On
Nick Mokey/Digital Trends
T-Mobile, the self-proclaimed Un-carrier, reported financials worth boasting about on Tuesday.

During the carrier’s quarterly review of the fiscal period between April and June of 2016, it recorded $9.2 billion in revenue — up from $8.2 billion, or 12.8 percent, year over year, and better than Wall Street’s expected $9.02 billion. Second quarter income was on shakier ground — T-Mobile only managed to rake in $225 million, a dip from $361 million in Q2 2015 — but it beat forecasts and managed to sustain astounding subscriber growth. T-Mobile added 1.9 million customers last quarter — the 13th quarter in a row it’s managed to clear the 1 million mark.

“We outperformed the competition again on every key metric, while delivering the best postpaid phone churn numbers in our history,” said T-Mobile chief John Legere in a press release. “Quarter after quarter this team continues to deliver results that are the best in the business despite the competition’s best efforts to compete.”

All the more impressive, a majority of T-Mobile’s new customers are postpaid, meaning they signed onto subscription plans rather than opting for the carrier’s cheaper, prepaid alternatives. In total, 890,000 customers signed up for long-term tiers — down slightly the quarter slightly from the quarter prior, which T-Mobile attributed to the “absence of iconic device launches in the period.” And on the prepaid side of things, 476,000 climbed aboard Team Magenta — up 167 percent year over year, driven in large part by MetroPCS and the carrier’s other sub-brands. In total, T-Mobile closed out the second quarter with 67.4 million customers, a climb from 58.9 million a year earlier.

T-Mobile blamed the slight dip in EPS on $1.3 billion in capital expenditures, lower-than-expected income in the year’s second quarter, and “after-tax impacts” related to new spectrum it acquired in Q1. But those investments are paying off, apparently. T-Mobile’s 4G LTE now covers 311 million people, up from 308 million in the first quarter of this year and 290 million year over year.

T-Mobile’s Wideband LTE, meanwhile, a flavor of coverage less susceptible to wireless interference, now covers 224 million people, while its long-range 700MHz A-Block spectrum reaches “more than 200 million people in 350 markets.” T-Mobile said it’s inked agreements with “multiple parties” to continue the rollout of 700MHz spectrum in the second half of 2016.

In other miscellany, T-Mobile said VoLTE calls were becoming increasingly popular — they represented 57 percent of total voice call minutes on the carrier’s network, up 16 percent from the same period a year ago. Device sales and leases totaled 8.9 million, 8.1 million of which were smartphones. And the carrier’s T-Mobile Tuesdays app has been downloaded nearly 5 million times.

T-Mobile’s Q2 2016 pleased investors, seemingly. The company’s stock saw a more than 4 percent pop in pre-market trading Wednesday.


Arizona city slammed with $10M lawsuit over fatal Uber autonomous car accident

The family of Elaine Herzberg, the woman struck and killed by one of Uber's self-driving prototypes, has filed a $10 million lawsuit against the city of Tempe, Arizona. They claim Herzberg jaywalked because she was confused by a brick…
Emerging Tech

NASA’s space observatory will map the sky with unprecedented detail

NASA is preparing to launch a cutting-edge space observatory to create the most detailed map ever produced of the sky. Doing so will involve surveying hundreds of millions of galaxies. Here's how it plans to do it.

Are you one of the billions who have watched these super-popular YouTube videos?

Viral videos can quickly garner millions upon millions of views, but even they fall well behind the view counts on the most watched YouTube videos ever. Those have been watched billions of times.

Apple loses battle to use Intel modems in Germany in latest clash with Qualcomm

Apple is following the Federal Trade Commission's lead and has sued Qualcomm for a massive $1 billion in the U.S., $145 million in China, and also in the U.K., claiming the company charged onerous royalties for its patented tech.

Samsung Galaxy S10 vs. S10 Plus vs. S10e vs. S10 5G: Which should you buy?

With four stunning Galaxy S10 phones to choose from, Samsung is bombarding us with choice, but which one should you buy? We compare the S10, S10 Plus, S10e, and S10 5G in various categories to find out exactly how they differ.

Samsung's new Galaxy Watch Active can track your blood pressure

Looking for a new fitness buddy? Samsung just launched the Galaxy Watch Active and the Galaxy Fit, two new wearables with a raft of fitness-focused features that'll keep you moving and get you down the gym.

Adobe Premiere Rush CC is coming to the Samsung Galaxy S10 this year

The Samsung Galaxy S10 boasts a number of hardware improvements over previous Samsung phones, but it also offers a few software improvements too. Adobe Premiere Rush CC, for example, is coming to the Samsung Galaxy S10 later this year.

Samsung Galaxy S10 optimizations make it great for Fortnite

Samsung's new line of Galaxy S10 devices have been optimized for gaming. All three offer improved support for the Unity engine and the S10 Plus also offers vapor chamber cooling, similar to the Xbox One X.

From folding phones to 5G -- here's everything we saw at Galaxy Unpacked

Samsung's Galaxy Unpacked event treated us to a real parade of technological excellence, from folding phones to new fitness wearables. Here's everything we saw at Galaxy Unpacked on February 20.

Google’s radical Gmail redesign is finally rolling out on Android

Google is slowly but surely giving its apps a refresh, modernizing them and ensuring that they're easy to use. The latest app to get a redesign is the Gmail app for Android, which has been redesigned with a few tweaks.

The best Samsung Galaxy S10 Plus cases to protect your $1,000 phone

Can't get enough of big phones? The Samsung Galaxy S10 Plus is absolutely up your alley. But it's still fragile, and damage is easily gathered through normal life. Protect it with the best Galaxy S10 Plus cases.

Samsung Galaxy S10 vs. Galaxy S9: How much better is Samsung’s new flagship?

You'd naturally expect the Samsung Galaxy S10 to be better than last year's S9, but just how do the two phones differ? We break down the specs and compare Samsung's flagships in various categories to pick a winner.
Product Review

The Galaxy Watch Active is the right size for you, no matter how big or small your wrist is

Launched among a massive array of other new products, the Samsung Galaxy Watch Active could easily have been missed at Galaxy Unpacked 2019 -- which would be unfortunate. This is a sensibly designed, correctly sized smartwatch suitable for…

Protect and style your Samsung Galaxy S10 with the best cases and covers

If you've splashed the cash for a shiny new Samsung Galaxy S10, then you'll want to take steps to protect your investment. With a metal frame and glass curves, the S10 needs some cover. Check out the best Samsung Galaxy S10 cases.