T-Mobile raises 2021 postpaid forecast on 5G strength

T-Mobile US has raised its full-year postpaid subscriber net additions forecast on Tuesday, boosted by demand for its 5G services from people working remotely.
T-Mobile retail network
The second largest wireless carrier has had a head start in the race to ramp up 5G services thanks to its purchase of smaller rival Sprint last year, helping tap into a surge in consumption of internet services during the COVID-19 pandemic.

The wireless carrier expects 2021 postpaid net customer additions between 4.4 million and 4.9 million, compared to prior forecast of 4.0 million to 4.7 million.

T-Mobile US added 773,000 postpaid phone subscribers in the quarter ended March 31.

Total revenue of T-Mobile US rose to $19.76 billion in Q1 2021 from $11.11 billion a year earlier.


More like this

What are spectrum sharing challenges and opportunities: 5G Americas

5G Americas, a prominent telecom industry association, has released...

Boost Mobile unveils 10 strategic initiatives to compete with wireless giants

Boost Mobile, the nationwide wireless carrier, has announced a...

America Movil reveals Capex and 5G growth in second-quarter

America Movil, which has a strong presence in the...

TRAI report highlights poor demand for 5G in India

The Telecom Regulatory Authority of India (TRAI) has released...