Home
Resources
Follow portfolio news
...

A fast-growing company. T-Mobile gained 760,000 new subscribers in Q2

Published on
4/9/2023
Amended on
7/5/2026
0
minute(s)
Odyssey 2021
Store entrance
Operator T-Mobile gains 760,000 subscribers in the USA in Q2 2023 thanks to its low-price plans and 5G services. With a churn rate of 0.77%, it outperforms AT&T and Verizon. Present in the Vintage Altaroc Odyssey 2021, the company posts sales of $19.20 billion.
By
Damien Hélène
Damien Hélène
A fast-growing company. T-Mobile gained 760,000 new subscribers in Q2
This article has been automatically translated. Please excuse any inaccuracies or translation errors.
Dieser Artikel wurde automatisch übersetzt. Bitte entschuldigen Sie etwaige Ungenauigkeiten oder Übersetzungsfehler.
This article has been automatically translated. We apologize per inaccuracies or translation errors.

Thanks to its low-price plans and superior 5G services, operator T-Mobile gained 760,000 subscribers in the USA in Q2 2023. This is a growth figure the company hasn't seen in 8 years, putting it ahead of rivals AT&T and Verizon.

With a churn rate of 0.77%, T-Mobile also outperformed its competitors over this period, with AT&T at 0.79% and Verizon at 0.83%.

Present in the Vintage Altaroc Odyssey 2021, the company has 116.6 million customers. It posted sales of $19.20 billion in the second quarter of 2023 and net income of $2.22 billion.

" We've set bold goals and implemented a sustainable, differentiated plan that's working exactly as we planned. Today, with our unique growth opportunities, the momentum of our latest initiatives and an unquenchable desire to be the best at serving our customers, we are the company to watch - and we have no intention of slowing down ," explains Mike Sievert, the operator's CEO.

Last June, T-Mobile, in partnership with Valmont Industries, broke the record for the longest flight for a drone, with a distance of 120km thanks to 5G connectivity.

In March, the operator made headlines when it bought Mint Mobile, whose main shareholder is none other than actor Ryan Reynolds, for around $1.35 billion.

Other episodes on this topic

Explore our content collections, which bring together different formats around a single subject/issue/theme.
No articles in this category yet.
Welcome to Altaroc
To provide you with a tailored experience, please complete your profile.
Please fill out your profile to access the site
country of tax residence
Select
choosenCountry
Preferred language
Select
choosenLang
YOUR INVESTOR PROFILE
Financial intermediary or professional investor
Financial advisors, wealth managers, private bankers, or any other investment service providers.
Qualified Investor or Altaroc Investor
Experienced investor or Altaroc investor
Private investors who have already invested with Altaroc or who have a minimum investment capacity of €100,000.
Private investors who have previously invested in Altaroc who have a minimum investment capacity of 200,000 euros.
Non-professional (retail) investor
Individual investors with an investment capacity below €100,000.
Retail investors with an investment capacity of less than 200,000 euros.
Institutional investor
Pension funds, retirement schemes, asset management companies, and single-family offices.
Select your language and investor profile to continue
Select your investor profile to continue
Scroll down to accept General Terms and Conditions
The webpage you are trying to access is not available in your country.