T-Mobile made $297 million in Q4 2015, adding 2.1 million customers over the holidays
T-Mobile has published the company's earnings report for Q4 2015. It was quite the profitable quarter for the U.S. carrier, netting $297 million in profit and adding a total of 2.1 million net new subscribers. The company has maintained a certain level of aggressiveness when it comes to marketing with more "Un-Carrier" moves being launched in attempt to transform the industry.
Of the 2.1 million total number of subscribers added in Q4, 1.3 million were branded postpaid net adds. While it's a slight dip compared to Q3, it's interesting to see just how T-Mobile will be able to maintain its current heading as we move further into 2016. In last year as a whole, T-Mobile managed to attract 8.3 million new subscribers to the network.
The company has a target this year of 2.4 to 3.4 million branded postpaid net customer additions, as well as $9.1 to $9.7 billion of Adjusted EBITDA.
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