Friday, 24 March, 2023

T-Mobile's 5G network hits 210M consumers, record Q4 revenue

<p>T-Mobile exceeded guidance to reach total Q4 2021 revenues of $20.78B, beating the previous year&#39;s fourth quarter take of $20.34B. Most of this growth showed in the company&#39;s postpaid services, which contributed revenues of $10.96B. Meanwhile, prepaid services grew more modestly to $2.47B and wholesale services reached $975M in 2020&#39;s fourth quarter. Net income for the final period reached $422M, a significant drop from $750M, in profits recorded for Q4 2020.</p>