AT&T and T-Mobile will soon release important info about their phone subscribers

Two heavyweight carriers want you to circle these dates in your calendar.

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Iconic T-Mobile "T" in magenta appears to float in space at a conference.
It's that time again when AT&T, T-Mobile, and Verizon polish up their most recent quarterly earnings figures and make them public. They do this because they are all public companies and are mandated to release these figures every three months. The announcements also allow investors to make buy/sell decisions based on the recent performance of the companies. If their fourth quarter results are anything like the last few years of quarterly numbers, it gives T-Mobile an opportunity to show how consumers are continuing to flock to the Un-carrier in droves.

T-Mobile expects to report that 2025 was another great year for the nation's largest carrier


T-Mobile recently announced that it will hold its quarterly fourth quarter and full year 2025 earnings call on February 4th, 2026, at 4:30 pm ET after the close of regular stock market trading for the day. Investors and traders will still be able to trade on the news through the after-hours trading session. Those who pre-register for the call will be able to dial-in
to hear it live. A webcast link will also be available from the carrier's Investor Relations website at https://investor.t-mobile.com.

Before the earnings call, the actual Q4 and full year 2025 numbers will be released at 4:05 pm ET on the same day, just a few minutes after the 4 pm market close. Consensus forecasts call for T-Mobile to report fourth quarter earnings of $2.19 per share on revenue of $23.66 billion. For the full-year, expectations are that the company will earn $10.23 per share on revenue of $87.33 billion.

This figure is the most important one to be released by the carriers


The most important result for a Big-3 carrier is the number of net postpaid phone additions. That's because the customers adding these lines are the most profitable, most stable, customers with the highest value. T-Mobile often leads Verizon and AT&T in this metric. For the fourth quarter, analysts see T-Mobile announcing the net addition of 980,000 to 1.15 million postpaid phone lines. For all of 2025, T-Mobile itself has raised its forecast of net new phone additions to 3.3 million lines.

Churn is the rate at which existing subscribers stop doing business with a carrier. The lower the number, the better. T-Mobile's postpaid phone churn was .89% during Q3 and is expected to rise to .90% - .92% for Q4. For all of 2024, T-Mobile's postpaid phone churn was a historically low .86%. For 2025, the number is estimated to rise to .87% - .89%.

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Even before T-Mobile makes its report public, AT&T will announce its fourth quarter and full year 2025 numbers on Wednesday, January 28th. AT&T will release its results before the market opens that day. At 8:30 am ET, the carrier will host a conference call that you'll be able to view through a webcast via AT&T's Investor Relations page. Following the call, you'll be able to access replays and see a transcript from the same website.


Analysts expect AT&T to report earnings of 49 cents a share for Q4 on revenue of $32.29 billion. For all of 2025, the company is forecast to report earnings of $2.05 a share on revenue of $125.04 billion. The company itself expects 2025 earnings to come in between $1.97 and $2.07 a share.

AT&T could report a small rise in its Churn rate


After reporting 405,000 net postpaid phone adds for the third quarter, AT&T is expected to report 466,000 net postpaid phone adds for Q4. For the full year, analysts expect AT&T to show a 1.7 million to 1.8 million increase in net postpaid phone adds. While that is considerably lower than the forecast 3.3 million that T-Mobile is believed to announce, it blows away the paltry estimate of 100,000 to 200,000 net new postpaid phone adds that analysts expect Verizon to reveal for all of 2025.

Which carrier will report higher postpaid phone net adds?
T-Mobile, as usual.
65.71%
In a major upset, AT&T will.
34.29%
35 Votes

AT&T should report a drop in its postpaid phone churn rate from the .92% it announced for Q3 to .86 - .88% for Q4. For all of 2024, the churn rate was an impressive .76% which analysts believe will rise to .80% - .82% for 2025.

T-Mobile's shares are down over $5 just before the close to $204.30. The 52-week high is $276.49 and the 52-week low is $199.41. For AT&T, just before the close Monday, the stock was trading off 48 cents at $24.80. The 52-week high is $29.79, and the 52-week low is $21.38.

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