T-Mobile CEO Mike Sievert on Record Customer Growth and 5G Network Strategy

Record Customer Growth in Q1

• 🏆 T-Mobile achieved a record 1.3 million postpaid net additions in Q1, an all-time high for the first quarter.
• 🎯 The company reaffirmed its full-year guidance, even boosting its Adjusted EBITDA outlook, despite macroeconomic uncertainty.
• 📈 Customer revenue growth and revenues per customer at both account and line levels outpaced expectations, leading to increased full-year guidance for these metrics.

Differentiated Value Proposition

• 💰 T-Mobile's strategy focuses on offering customers significant savings alongside the world's best 5G network, attracting customers concerned about the economy.
• 📊 Revenues per account are projected to increase by 3.5% year-over-year, with overall service revenues expected to grow by approximately 6%.

Broadband Industry Leadership

• 🚀 T-Mobile has led the entire broadband industry in customer growth for 13 consecutive quarters, including its fixed wireless offering.
• 🎯 The company is on track to serve 12 million broadband customers by 2028, driven by high customer satisfaction and value.
• 💡 The success of T-Mobile's broadband service highlights the power of 5G and its transformative potential.

Evolving Portfolio and Connectivity

• 🤝 T-Mobile is expanding its portfolio through acquisitions like Mint and US Cellular, and strategic partnerships, including its Starlink service.
• 🛰️ The company's T-Mobile Satellite offering aims to ensure customers are always connected, even outside terrestrial network coverage, with a growing constellation of satellites.
• 🌐 This satellite connectivity is being opened to AT&T and Verizon customers as well, underscoring its unique value proposition.
• 🌐 The CEO emphasized that T-Mobile is more differentiated than ever with its 5G network, new rate plans, and satellite capabilities.