The company said postpaid phone net customer additions for Q1 2024 were 532 thousand, with postpaid phone churn at 0.86%. High Speed Internet net customer additions were 405 thousand, and year-end customers totaled 5.2 million.

1. 01

   The company said postpaid phone net customer additions for Q1 2024 were 532 thousand, with postpaid phone churn at 0.86%. High Speed Internet net customer additions were 405 thousand, and year-end customers totaled 5.2 million.

2. 02

   T-Mobile said total service revenues for Q1 2024 were $16.1 billion, up 3.5% from a year earlier, and net income was $2.4 billion, up 22.4%. It said Core Adjusted EBITDA was $7.6 billion, up 8.0%.

3. 03

   The company said net cash provided by operating activities for Q1 2024 was $5.1 billion, up 25.5%, and Adjusted Free Cash Flow was $3.3 billion, up 39.4%. Both figures include cash payments for Merger-related costs of $293 million, and cash spending on property and equipment was $2.6 billion, down 12.5%.

4. 04

   The company said it raised its full-year Core Adjusted EBITDA outlook to $31.4 billion to $31.9 billion from the prior range of $31.3 billion to $31.9 billion. For Q1 2024, it returned a total of $4.3 billion to shareholders, including share repurchases of $3.6 billion.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.