BUZZ-T-Mobile slips on fewer-than-expected Q1 wireless subscriber additions

Reuters
昨天
BUZZ-T-Mobile slips on fewer-than-expected Q1 wireless subscriber additions

** Shares of telecom operator T-Mobile TMUS.O fall 5.4% to $248 premarket

** Co added 495,000 monthly bill-paying wireless customers in Q1 vs FactSet estimates of 506,400 additions

** TMUS said in a post-earnings call that the final pricing for its satellite service would be $10/month

** Q1 revenue rose 6.6% to $20.89 bln vs estimates of $20.62 bln - LSEG data

** "In addition to having a strong runway for share gains driven by a capacity advantage, T-Mobile has more opportunity to drive EBITDA growth by matching AT&T and Verizon on price," New Street Research analysts said

** Up to last close, stock had risen 18.8% YTD

(Reporting by Harshita Mary Varghese in Bengaluru)

((HarshitaMary.Varghese@thomsonreuters.com))

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