T-Mobile US Inc first-quarter revenue and profit jumped from a year earlier, bea...
- T-Mobile US Inc first-quarter revenue and profit jumped from a year earlier, beating Wall Street’s estimates, as competitive pricing lured new subscribers to its monthly cellphone plans.
That was due to T-Mobile’s lower prices compared to its competitors, as well as an expansion into more rural areas of the United States, the company said. T-Mobile US Chief Executive John Legere said during a post-earnings call with analysts that he remained “optimistic and confident” that U.S. regulators would recognize the merger as good for consumers, and said he still expects deal approval in the first half of this year.
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