Jan 29 (Reuters) - T-Mobile forecast annual
wireless subscriber growth above Wall Street estimates on
Wednesday, after holiday-quarter promotions and deals boosted
demand for its affordable premium 5G plans with streaming
bundles.
The company expects postpaid net customer additions to be
between 5.5 million and 6 million in full-year 2025, compared
with Wall Street's expectation of 2.7 million, according to
FactSet.
T-Mobile's Go5G Next and Go5G Plus have resonated with
customers as they bundle high-speed internet with popular
services such as Netflix ( NFLX ) and Apple TV+.
This led to industry-leading postpaid phone net additions of
903,000 in the fourth quarter, beating a FactSet estimate of
858,500 additions.
Black Friday deals and the launch of the AI-powered iPhone
series further boosted demand for American wireless carriers,
driving increased customer activity in the last three months of
2024.
The company has expanded its customer base by improving
coverage and targeting smaller markets and rural areas. T-Mobile
is offering fixed wireless access as an alternative internet
solution in regions where fiber optic infrastructure is either
sparse or unavailable.
T-Mobile's total revenue for the three months to December
stood at $21.87 billion, above analysts' estimate of $21.31
billion, according to data compiled by LSEG.