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− | Feb 1 (Reuters) [https://www. | + | Feb 1 (Reuters) - Wireless carrier T-Mobile US Inc posted fourth-quarter [https://www.cbsnews.com/news/foot-locker-store-closings-power-store/ revenue] below Wall Street estimates on Wednesday, as competition heats up with rivals looking to add subscribers through more attractive promotional offers.<br> The company added thousands of wireless subscribers over the last few years, thanks to hefty discounts on smartphones, [https://evigetir.com/evdeneve/hakkimizda.html dE] industry-low plan prices and an edge in 5G.<br><br>But a slowdown in wireless growth and bigger promotions by rivals amid rising costs are hurting T-Mobile now.<br> The company said total revenue fell 2.5% to $20.27 billion in the quarter ended December, below Wall Street's estimate of $20.6 billion, according to Refinitiv data.<br><br>It added 927,000 monthly bill-paying phone subscribers in the quarter.<br> T-Mobile's net income rose to $1.48 billion, or $1.18 per share, from $422 million, or 34 cents per share, a year earlier.<br> In January, [https://wiki.beta-campus.at/wiki/Benutzer:Maybelle0799 e}V] the company said it was investigating a data breach that may have exposed 37 million postpaid and [http://www.yellowpages.com/atlanta-ga/prepaid-legal-services prepaid] accounts, and it may incur significant costs related to the incident.<br> T-Mobile expects to add between 5 million and 5. If you loved this posting and you would like to acquire additional facts relating to [https://evigetir.com/evdeneve/evden-eve-google-tasinma.html e}V] kindly visit our web site. 5 million net monthly-bill paying subscribers in 2023, compared with the 6.4 million additions it reported in 2022.<br><br>(Reporting by Eva Mathews in Bengaluru; Editing by Shinjini Ganguli)<br> |