T-Mobile US Reports 13% Postpaid Service Revenue Growth and Raises Free Cash Flow Guidance

Earnings
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Summary · why it matters

T-Mobile US posted strong second-quarter results, with postpaid service revenue up 13% year-over-year and total service revenue up 9%. The company added 277,000 postpaid net accounts and reported a record high Net Promoter Score of 46. Full-year service revenue guidance is approximately $77 billion, representing 8% growth, while core adjusted EBITDA is expected between $37.1 billion and $37.5 billion. Adjusted free cash flow guidance was increased to between $18.4 billion and $18.8 billion, and the company repurchased 253 million shares, reducing total shares outstanding to 1.07 billion. T-Mobile also noted it anticipates a temporary elevated account churn profile in the third quarter due to rate plan modernization.

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T-Mobile reported strong Q2 results with 13% postpaid service revenue growth, raised free cash flow guidance, and repurchased shares.

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