T-Mobile Adds Mobile, Broadband Subscribers; Raises Guidance

(Bloomberg) — T-Mobile US Inc. reported more monthly mobile-phone and broadband subscribers that analysts expected, leading it to raise forecasts for new customers and earnings this year.

The Bellevue, Washington-based carrier reported a net 865,000 additional monthly phone subscribers, the company said in a statement Wednesday. Analysts had expected 732,900, according to data compiled by Bloomberg. T-Mobile added more new subscribers than either AT&T Inc. or Verizon Communications Inc. Revenue rose 4.7% to $20.16 billion, just ahead of analysts’ estimates of $20 billion.