Mobile US (TMUS) Tops Q4 Earnings, Revenue Estimates

T-Mobile also said that, like Verizon, it would offer 10 gigabytes of high-speed data for a mobile hotspot, so that people can connect on laptops or tablets on the go. Like Verizon, you also have to sign-up for T-Mobile’s automatic payment feature to get on T-Mobile One.

Here’s what the OpenSignal survey found, and how the four major carriers fared regarding network performance. CFO Braxton Carter said on the operator’s fourth-quarter earnings call Tuesday that T-Mobile is expecting the capex spending to be “front-loaded” early in the year.

Carriers such as Verizon and AT&T had been moving away from unlimited data plans for years, arguing that consumers would be better served by buying smaller plans with data caps. The company on Monday started offering its customers the Verizon Unlimited plan, which is created to compete with similar offerings from each of Verizon’s three national competitors.

Also of note is that postpaid phone churn for Q4 2016 finished at 1.28 percent, down from 1.46 percent in Q4 2015, which means that fewer customers left T-Mobile in Q4 2016 than in Q4 2015. Service revenues rose 11 percent to Dollars 7.2 billion, and the company’s adjusted EBITDA improved 12 percent to USD 2.5 billion.

Revenue climbed 23% to $10.18 billion from $8.25 billion. Shares of T-Mobile US, Inc.’s (TMUS) are trading -4.37% downward from the 52-week high mark and 81.25% above from the fifty two-week low mark. That has become standard practice on all networks that offer unlimited data plans. The company had charged $70 for one line, $120 for two ($60 each), $140 for three ($46.67 each), and $160 for four ($40 each) which did not include the ability to use 4G mobile hotspots. Like Verizon, AT&T throttles customers speeds once they reach the data limit on their plans.

The new unlimited plan is geared primarily towards customers who consistently use over 8GB a month in data. According to a recent study by mobile analyst firm OpenSignal, T-Mobile has also caught up when it comes to fastest network speeds.

The companies mentioned in this article are subjects of research reports issued recently by investment firms.

And Legere tweeted a customary dig: “No shock that @verizon finally chose to show up”.

That superior network remains a competitive advantage for Verizon, even though competitors have closed the gap, said CFRA Research analyst Angelo Zino. Legere said those openings would be heavily loaded into the first half of the year. Next up, we’re going to force them to include monthly taxes and fees. The company competes with the likes of Verizon Communications Inc. Q4 marked the 15th consecutive quarter in which the company saw over 1 million total net customer additions.

Many analysts are providing their Estimated Earnings analysis for T-Mobile US, Inc. and for the current quarter 20 analysts have projected that the stock could give an Average Earnings estimate of $0.29/share. AMG National Trust Bank increased its position in T-Mobile US by 2.3% in the third quarter. “Verizon was forced to do it”.