Analyst: T-Mobile remains the fastest growing mobile carrier in the U.S.
You can't expect T-Mobile to continue showing strong subscriber growth. After all, led by its Un-carrier initiatives, it added 1.32 million post-paid new subscribers in the first quarter. It was the best quarter ever for the carrier. AT&T was next with 625,000 post-paid additions during Q1. In April, T-Mobile revised its full-year estimate of new post-paid subscribers to a range of 2.8 million to 3.3 million, from a previous estimate of 2 million to 3 million.
While T-Mobile will be releasing its second quarter numbers at the end of this month, Verizon and AT&T have already announced their second quarter post-paid figures. Big Red added 1.4 million new subscribers, up from the 941,000 it brought aboard last year. AT&T added 800,000, up from last year's 551,000.
The wild card here is Sprint's rumored acquisition of T-Mobile. German telecom Deutsche Telekom owns 67% of T-Mobile, and SoftBank is looking to purchase more than 50% of the carrier's shares. Everyone involved in the deal says that having Sprint buy T-Mobile is the only way to prevent Verizon and AT&T from growing too big without competition. Even though T-Mobile's CEO John Legere is expected to run the combined company, he might not have the autonomy from a combined board that he is allowed at T-Mobile. That could slow down the pro-consumer changes that have been at the core of T-Mobile's growth.
source: IBD via TmoNews