T-Mobile US added more than 450,000 branded postpaid subscribers during the first quarter, reported record-low churn and progress toward network integration and 5G deployment, and believes it is well-positioned to scoop up customers who may turn away from AT&T and Verizon in the coming months due to economic fallout from the ongoing pandemic.
Services revenues hit a record of $8.7 billion, up 5% year-over-year. Net income was at a record level as well, up 5% from the first quarter of 2019 to $951 million.
