Thursday, 8 February 2018 ()
Telecoms giant T-Mobile US Inc (NASDAQ:TMUS) sent mixed messages with its fourth-quarter trading statement, with earnings above expectations and revenues below. Underlying earnings per share clocked in at 48 cents, which was 11 cents above the consensus forecast. Revenue of US$10.76bn, however, fell short of the US$10.89bn expected by analysts. The company added 1.9mln new customers (net) in the fourth quarter, bringing the number of new additions for the full-year to 5.7mln. It was the fourth year in a row that the up-and-coming carrier had added more than five million people to its customer list. "We made incredible progress in 2017 building out our network and retail footprint to set ourselves up for future growth. Our business is clearly firing on all cylinders and our strong guidance for 2018 shows that we have no plans of letting up," said John Legere, the president and chief executive officer of T-Mobile. T-Mobile’s shares were down 0.2% at US$61.95 in pre-market trading.
