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T-Mobile US Inc. (NASDAQ: TMUS) has announced its financial results for the fourth quarter of 2022, reporting an increase in the number of subscribers and net income.
At the end of the quarter, T-Mobile had about 113.6 million subscribers, which is higher compared to the previous quarter and the fourth quarter of 2021. Total revenue, meanwhile, fell 3% year-on-year to $20.3 billion in the three-month period. .
Fourth quarter net income rose sharply to $1.48 billion or $1.18 per share from $422 million or $0.34 per share in the year-ago quarter. At $6.83 billion, adjusted EBITDA was up 8.3%
Check out this space to read management/analyst commentary on T-Mobile’s Q4 2022 earnings
“In true Un-carrier mode, we have no plans to slow down in 2023. Now that we are recognized as not only the 5G leader but the clear overall network leader in the US, our differentiated and sustainable growth strategy opens an even greater path to our future!,” said Mike Sievert, CEO of T-Mobile.
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