T-Mobile, which had previously indicated its results would be better-than-expected, reported net income of $2.7 billion, or $3.11 a share, on revenue of $10.8 billion, up 5.1 percent from a year ago. The net profit meanwhile advanced to Dollars 4.5 billion or USD 5.20, from 1.460 billion and 1.69 per share.
For 2017, T-Mobile reported net income of $4.5 billion on revenue of $40.6 billion.
T-Mobile was able to boost its quarterly revenues by 5 percent to more than $10.8 billion.
This was up from $390 million, or $0.45 per share, in last year's fourth quarter. The net cash from operating activities lifted nearly 30 percent to United States dollars 8.0 billion and the free cash flow by over 90 percent to USD 2.7 billion.
As a reminder, T-Mobile added 1.9 million new customers in Q4 2017, which makes that the 19th straight quarter that T-Mo added more than 1 million new subscribers. The T-Mobile 4G network does not cover every single customer as it stands, but the ones it does serve it serves well. The latter was off on the back of higher deactivations from a growing customer base, increased competition and the de-emphasis of the legacy T-Mobile prepaid brand. Branded postpaid net additions reached 1.072 million in the quarter.
-Revenue (Q4): $10.76 Bln vs. $10.23 Bln previous year.
Branded postpaid ARPU came to $46.38, down 4.1% Y/Y; branded prepaid ARPU was $38.63 (up 1.1%). Regarding 600 MHz, the company lit up the spectrum in 586 cities and towns in 28 states across the country, covering 300,000 square miles by the end of a year ago. Adjusted EBITDA target includes leasing revenues of $0.6 billion to $0.7 billion.
For the full calendar year, T-Mobile officials touted the addition of more than 5 million customers for the fourth consecutive year in 2017, including 3.6 million net postpaid customers. Legere said the build-out would accelerate in 2018 and that T-Mobile US expects to see more than dozen new smartphone models that support 600 MHz, in addition to the two that it now has. T-Mobile doesn't have to be the first to the 5G nationwide podium to continue this momentum, but it does need to keep up the strong network performance.