There are no active ads.

Advertisement

T-Mobile added a big batch of customers to the magenta network in 2017

by Justin Herrick | January 11, 2018January 11, 2018 12:00 pm PST

Its earnings report for Q4 2017 won’t be available for a few more weeks, but T-Mobile has gone ahead to share a preliminary view. And that’s no surprise. The carrier would like to get investors excited as another record-breaking quarter likely marks an end to a record-breaking year. If you’re familiar with the magenta-loving brand, you know it never misses an opportunity to pat itself on the back.

T-Mobile isn’t going into revenue and expenses here. So we’re only getting a look at how many customers T-Mobile was able to add as the year came to an end.

Just as the calendar was starting to change to a new year, T-Mobile added 1.9 million customers. It was enough to give the carrier 5.7 million customers who joined in 2017 alone. According to T-Mobile, these figures mean T-Mobile has around 72.6 million customers as of the end of 2017. The entire customer base is believed to have nearly doubled over the last five years largely due to T-Mobile’s investment in infrastructure. Its network is now the fastest (or at least near the top) among the big four U.S. carriers in various markets nationwide.

Both the postpaid and prepaid arms of the carrier’s business were able to grow throughout the year. Aside from its own prepaid offering, T-Mobile operates MetroPCS with notable success after acquiring the brand in 2013.

The full, official results from T-Mobile’s final quarter of 2017 and the entire year will be announced on Wednesday, February 14. While it’s unsurprising to see T-Mobile experience growth for yet another quarter, it’ll be interesting to see where the carrier’s money went as building a bigger, better network continues being a priority.

T-Mobile

Justin Herrick

Justin is easily attracted to power buttons. His interest in technology started as a child in the 1990s with the original PlayStation, and two...

Advertisement

Advertisement

Advertisement