T-Mobile becomes the third-largest mobile carrier in the US
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T-Mobile has been growing at an impressive rate during the last few months, and the latest quarterly results show that the Un-carrier has finally managed to leave Sprint behind. According to the quarterly earnings reports by both T-Mobile and Sprint, T-Mobile is now the third-largest mobile carrier in the United States.
The quarterly report by T-Mobile looks solid - 2.1 million total net customer additions, a 41 percent increase year-over-year and the 9th consecutive quarter with more than one million new customers. At the same time, Sprint reported only 675,000 total net additions, but this is a major improvement compared to the 220,000 net losses recorded in the previous quarter.
At the end of this quarter, Sprint and T-Mobile are very close, with 56.8 million and 58.9 million subscribers. Remains to see if Sprint manages to counter T-Mobile's aggressive expansion or the gap will increase even more. For more details on the performance of both carriers, please check their quarterly reports available via the links below.