T-Mobile US Inc's Turnaround is Happening
T-Mobile has reported earnings, and continues to make progress with shaking up the domestic wireless industry. The company's aggressive marketing and pricing are definitely paying off in a big way as the #4 U.S. carrier was able to add about 1 million branded subscribers this quarter, bringing the full year customer additions to a total of about 4.4 billion. However, expensive marketing and aggressive pricing are definitely weighing on the bottom line of the company. T-Mobile reported that its net loss did widen slightly this quarter to about $20 million, or $0.03 per share.
In this segment from Tuesday's Tech Teardown, Motley Fool tech and telecom bureau chief Evan Niu talks with host Erin Kennedy about the pros and cons of T-Mobile's customer growth strategy. He also takes a look at how the company's integration of MetroPCS and its spectrum are coming along, and how successfully the cost-saving synergies from that deal are playing out.
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The article T-Mobile US Inc's Turnaround is Happening originally appeared on Fool.com.Erin Kennedy has no position in any stocks mentioned. Evan Niu, CFA has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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