T-Mobile raises forecast for subscriber additions on demand for its discounted plans

T-Mobile raises forecast for subscriber additions on demand for its discounted plans

The Star Online - Tech·2024-04-26 08:00

(Reuters) - T-Mobile US on Thursday raised its annual forecast for monthly bill-paying phone subscriber growth, as more customers tap into its discounted plans and on expansion of 5G network coverage.

Although the overall market for postpaid phone additions is shrinking, T-Mobile is viewed as the top pick by analysts as it gains shares from underpenetrated smaller markets segments like rural and business.

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