Feb 1 (Reuters) – Wireless carrier T-Mobile US Inc posted fourth-quarter revenue below Wall Street estimates on Wednesday, as competition heats up with rivals looking to add subscribers through more attractive promotional offers.<\/p>\n
The company added thousands of wireless subscribers over the last few years, thanks to hefty discounts on smartphones, industry-low plan prices and an edge in 5G.But a slowdown in wireless growth and bigger promotions by rivals amid rising costs are hurting T-Mobile now.<\/p>\n
The company said total revenue fell 2. If you have any issues pertaining to where by and how to use EVdEN Eve NAkLiYAt<\/a>, you can make contact with us at our own web page. 5% to $20.27 billion in the quarter ended December, below Wall Street’s estimate of $20.6 billion, evden EVe NAkLiyAT<\/a> according to Refinitiv data.It added 927,000 monthly bill-paying phone subscribers in the quarter.<\/p>\n T-Mobile’s net income rose to $1.48 billion, or $1.18 per share, from $422 million, or 34 cents per share, a year earlier.<\/p>\n In January, the company said it was investigating a data breach that may have exposed 37 million postpaid and prepaid accounts, EvdEN evE NAkLiyat<\/a> and it may incur significant costs related to the incident.<\/p>\n T-Mobile expects to add between 5 million and 5.5 million net monthly-bill paying subscribers in 2023, compared with the 6.4 million additions it reported in 2022.(Reporting by Eva Mathews in Bengaluru; Editing by Shinjini Ganguli)<\/p>\n<\/div>\n