May 8, 2021
Business News

T-Mobile Raises 2021 Guidance as Network Leadership Fuels Industry-Leading Growth with Strong First Quarter 2021 Results

BELLEVUE, Wash.–()–T-Mobile US, Inc. (NASDAQ: TMUS):

Industry-Leading Customer Growth

  • Total net additions of 1.4 million, best in industry
  • Postpaid net additions of 1.2 million, best in industry and raising 2021 guidance
  • Postpaid phone net additions of 773 thousand, best in industry

Strong Financial Results Drive Guidance Raise

  • Total revenues of $19.8 billion and service revenues of $14.2 billion
  • Net income of $933 million, diluted earnings per share (“EPS”) of $0.74 and Adjusted EBITDA(1) of $6.9 billion
  • Core Adjusted EBITDA(1) of $5.9 billion, raising 2021 guidance
  • Net cash provided by operating activities of $3.7 billion and Free Cash Flow(1) of $1.3 billion, raising 2021 guidance

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