Markets
S

T-Mobile US Inc Shares Rise on Big Earnings

Source: T-Mobile.

The MetroPCS network, acquired in 2013, saw a continued flow of customers converting to prepaid services under the T-Mobile brand. This trend is turning into a forced march, as T-Mobile hopes to close down the last of its MetroPCS CDMA networks in the second half of 2015. Doing so will allow the company to reassign MetroPCS bandwidth to support T-Mobile's core 4G LTE network instead.

This conversion is actually running ahead of schedule. T-Mobile originally expected MetroPCS synergies to deliver between $6 billion and $7 billion in total net value, but it has now raised that range to top out at $10 billion.

Average revenues per branded postpaid user declined 5.6% year over year. This apparent weakness was countered by a 20% surge in billings under equipment installment plans, where users pay down their handsets and other equipment via two years of interest-free installments. Taken together, average monthly billings per customer rose by 5.1%.

Never afraid to gloat a little, T-Mobile also provided this concise overview of revenue growth trends across the industry:

Source: T-Mobile.

"Our Un-carrier moves helped us blow away the competition," added T-Mobile US CEO John Legere in a prepared statement. "The best is yet to come as the future looks bright in 2015."

Wall Street hacks Apple's gadgets! (Investors, prepare to profit.)

Apple forgot to show you something at its recent event, but a few Wall Street analysts and the Fool didn't miss a beat: There's a small company that's powering Apple's brand-new gadgets. And its stock price has nearly unlimited room to run for early, in-the-know investors. To be one of them, just click here !

The article T-Mobile US Inc Shares Rise on Big Earnings originally appeared on Fool.com.

Anders Bylund has no position in any stocks mentioned. The Motley Fool recommends Apple and Verizon Communications. The Motley Fool owns shares of Apple. Try any of our Foolish newsletter services free for 30 days .We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy .

Copyright © 1995 - 2015 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy .

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

In This Story

S TMUS AAPL T VZ

Other Topics

Stocks

Latest Markets Videos

The Motley Fool

Founded in 1993 in Alexandria, VA., by brothers David and Tom Gardner, The Motley Fool is a multimedia financial-services company dedicated to building the world's greatest investment community. Reaching millions of people each month through its website, books, newspaper column, radio show, television appearances, and subscription newsletter services, The Motley Fool champions shareholder values and advocates tirelessly for the individual investor. The company's name was taken from Shakespeare, whose wise fools both instructed and amused, and could speak the truth to the king -- without getting their heads lopped off.

Learn More