T-Mobile raises annual forecast for subscriber additions on premium bundled plans demand

T-Mobile US raised its full-year forecast for monthly bill-paying phone subscriber additions after adding more customers than expected in the second quarter on strong demand for its discounted unlimited plans that include streaming perks.

The company’s shares rose 2.9% to $180.44 in premarket trading on Wednesday.

As competition builds in the telecom sector, carriers in the United States have turned to bundling streaming services with high-speed internet plans to bring in more customers who are looking to get the best deals.