Mobile US continues march with another 891k postpaid phone subs

T-Mobile 5G

LTE is the network technology for now but T Mobile considers itself well positioned for 5G due to its spectrum holdings

T-Mobile US reported service revenue of $7.8 billion (+7.1 percent) in Q4 2017 and $30.2 billion (+8.3 percent) in 2017. Churn for postpaid phones came in at 1.18 percent in the fourth quarter.

Adjusted earnings of $2.7 billion, however, beat analysts' forecasts as the carrier reported that tax reform legislation impacted its net income and earnings levels by $2.2 billion.

T-Mobile was able to boost its quarterly revenues by 5 percent to more than $10.8 billion. Adjusted EBITDA target includes leasing revenues of $0.6 billion to $0.7 billion.

On the subscriber front, T-Mobile added 1.9 million net customer additions in the fourth quarter and 5.7 million for the year.

Bellevue, Washington-based T-Mobile said its customer base has increased by more than 39 million in total - more than doubling in size over the past five years. Net cash from operating activities increased 28.5 percent to 2.1 billion, with free cash flow going 53 percent higher to United States dollars 1.1 billion. A couple of weeks ago, Opensignal released its "State of Mobile Networks: USA" report for January with T-Mobile nearly taking a clean sweep of the awards for network performance. T-Mo's 4G LTE network covered 322 million people at the end of 2017, and it's estimated that that number will reach 325 million by the end of 2018.

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For fiscal 2018, the company expects postpaid net customer additions between 2.0 and 3.0 million.

T-Mobile did well for itself on the financial side of things, too.

AT&T and Verizon have already announced their 5G network plans for the current year by focusing on fixed wireless networks and mobile Internet.

T-Mobile US had previously released preliminary customer numbers for the quarter and released its full results for the quarter and year today. Legere said the build-out would accelerate in 2018 and that T-Mobile US expects to see more than dozen new smartphone models that support 600 MHz, in addition to the two that it now has.

T-Mobile delivered another strong quarter as it continued to gobble up customers, but the outlook may indicate that its Un-carrier momentum can't last forever.

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