Loading...
•
Dec 31, 2023
T-Mobile Q4 2023 Earnings Report
T-Mobile reported industry-leading growth in customers, service revenues, profitability, and cash flow.
Key Takeaways
T-Mobile reported Q4 2023 results, showcasing industry-leading growth in customers, service revenues, profitability and cash flow. Postpaid and high-speed internet customer additions were strong. The company effectively completed its historic merger integration and cemented itself as the nationwide overall network leader.
Postpaid net customer additions of 1.6 million in Q4 2023.
Postpaid phone net customer additions of 934 thousand in Q4 2023.
Postpaid phone churn of 0.96% in Q4 2023, the lowest in company history.
High Speed Internet net customer additions of 541 thousand in Q4 2023.
T-Mobile
T-Mobile
T-Mobile Revenue by Segment
Revenue by Segment
Postpaid Service Revenues Revenue
CapyFin.com Forward Guidance
T-Mobile provided a strong outlook for 2024.
Positive Outlook
- Postpaid net customer additions are expected to be between 5.0 million and 5.5 million.
- Core Adjusted EBITDA is expected to be between $31.3 billion and $31.9 billion, up 9% year-over-year at the midpoint.
- Net cash provided by operating activities is expected to be between $21.5 billion and $22.3 billion, up 18% at the mid-point.
- Adjusted Free Cash Flow is expected to be between $16.3 billion and $16.9 billion, up approximately 22% year-over-year at the mid-point.
- Cash purchases of property and equipment, including capitalized interest, are expected to be between $8.6 billion and $9.4 billion.