In Q3 T-Mobile added 2.0 million total net customers while delivering 13% year-over-year growth in service revenue, $366 million in Net Income, and $2.6 billion in Adjusted EBITDA.
“That’s 14 quarters in a row that T-Mobile has won share from the competition,” said John Legere, President and CEO of T-Mobile.
The total customer count of the operator is more than 69 million. This was the fourteenth consecutive quarter in which the Company has generated more than 1 million net customer additions.
The increase was primarily due to the introduction of the T-Mobile ONE plans, the launch of the iPhone 7 in the quarter and an increase in branded prepaid customer migrations to postpaid plans.
The Company continued to enhance the coverage breadth and depth of its 4G LTE network. These enhancements included expanding its 4G LTE network coverage to 312 million people, further deploying Wideband LTE to 231 million people, and leading the industry in technology advancements like VoLTE, Carrier Aggregation, 4×4 MIMO, and 256 QAM.
T-Mobile is also continuing to build out Extended Range LTE, which operates on the Company’s low-band 700 MHz A-Block spectrum, to enhance coverage and in-building performance. Extended Range LTE currently covers more than 225 million people in 366 market areas.