T-Mobile Increases Annual Forecast After Surprising Subscriber Growth

Reported about 8 hours ago

T-Mobile exceeded expectations by adding over 1 million new monthly bill-paying subscribers in the third quarter, prompting the company to raise its annual forecast. This growth is attributed to a significant influx of customers switching from competitors during the latest iPhone release period. Despite the positive subscriber news, T-Mobile's shares dipped slightly after the company raised its capital expense forecast.

Source: YAHOO

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