T-Mobile US reported strong financial results for Q3 2024, with total revenues increasing 5% year-over-year to $20.2 billion. Net income surged 43% to $3.1 billion, while operating income rose 33% to $4.8 billion. Service revenues grew 5% to $16.7 billion, driven by an 8% increase in postpaid revenues to $13.3 billion and a 10% rise in prepaid revenues to $2.7 billion.The company demonstrated robust operational performance, adding 1.6 million net customers in Q3, including 865,000 postpaid phone customers and 710,000 postpaid other customers. Total customer count reached 127.5 million, up 8% year-over-year. Postpaid phone churn improved slightly to 0.86%, while Core Adjusted EBITDA increased 9% to $8.2 billion with a margin of 49%.Looking ahead, T-Mobile announced several strategic initiatives, including joint ventures with Lumos and Metronet for fiber-to-home expansion, and the acquisition of UScellular's wireless operations for $4.4 billion. The company maintained strong liquidity with $9.8 billion in cash and cash equivalents, while continuing its stockholder return program with $7.3 billion remaining for share repurchases and dividends through 2024.

T-Mobile US reported strong financial results for Q3 2024, with total revenues increasing 5% year-over-year to $20.2 billion. Net income surged 43% to $3.1 billion, while operating income rose 33% to $4.8 billion. Service revenues grew 5% to $16.7 billion, driven by an 8% increase in postpaid revenues to $13.3 billion and a 10% rise in prepaid revenues to $2.7 billion.The company demonstrated robust operational performance, adding 1.6 million net customers in Q3, including 865,000 postpaid phone customers and 710,000 postpaid other customers. Total customer count reached 127.5 million, up 8% year-over-year. Postpaid phone churn improved slightly to 0.86%, while Core Adjusted EBITDA increased 9% to $8.2 billion with a margin of 49%.Looking ahead, T-Mobile announced several strategic initiatives, including joint ventures with Lumos and Metronet for fiber-to-home expansion, and the acquisition of UScellular's wireless operations for $4.4 billion. The company maintained strong liquidity with $9.8 billion in cash and cash equivalents, while continuing its stockholder return program with $7.3 billion remaining for share repurchases and dividends through 2024.