T-Mobile shares are having their best day in three years
T-Mobile is soaring toward its best day in years, helping offset still wobbly knees in the tech sector in the aftermath of Monday’s DeepSeek drubbing.
The mobile service provider’s Q4 numbers, released before the start of trading, were a lot better than expected on both the top and bottom lines. It also offered strong full-year guidance for 2025, implying it will continue to take market share from rivals AT&T and Verizon.
The Wall Street Journal notes that:
“The Bellevue, Wash., company said it added 903,000 subscribers for postpaid phone, its most lucrative phone connection in which service is paid for each month on a contract.
The figure topped Wall Street expectations for 858,500 added postpaid connections and outpaced rivals Verizon Communications at 568,000 connections and AT&T at 482,000 connections in the last three months of 2024.”
“The Bellevue, Wash., company said it added 903,000 subscribers for postpaid phone, its most lucrative phone connection in which service is paid for each month on a contract.
The figure topped Wall Street expectations for 858,500 added postpaid connections and outpaced rivals Verizon Communications at 568,000 connections and AT&T at 482,000 connections in the last three months of 2024.”
