Samsung, SK Hynix to Unveil Record AI and Semiconductor Investment Plans Worth Over $646 Billion 
Republican Lawmaker Introduces AI Incident Reporting Bill to Strengthen U.S. AI Safety 
Samsung, SK Hynix to Unveil $1.3 Trillion AI and Semiconductor Investment Plan 
Australia Sues Amazon Over Prime Video Ads and Subscription Terms 
SpaceX Eyes Starlink Mobile Phone Service to Challenge Verizon, AT&T, and T-Mobile 
Apple Supplier Stocks Slide as Samsung, SK Hynix Lead Selloff After Apple Price Hikes 
Baidu Shares Rally as Kunlunxin Eyes $50 Billion Hong Kong IPO 
Lenovo Shares Slide as AI-Driven Memory Demand Signals Higher DRAM and NAND Prices 
Apple Challenges India Antitrust Probe, Says CCI Copied Rivals’ Claims in App Store Case 
Super Micro Shares Slide After Taiwan Raids Over Alleged Nvidia AI Chip Smuggling Probe 
OpenAI IPO Delay Weighs on SoftBank Shares as AI Valuation Concerns Grow 
Italy Investigates Microsoft Over Microsoft 365 AI Subscription Price Hike 
US Egg Producers Settle Price Manipulation Probe, Agree to Pay $3.3 Million and Donate 53 Million Eggs 
Buffett Delays Gates Foundation Donation Pending Epstein Ties Review 
Firmus Partners With Nvidia to Deliver 170,000 AI GPUs in $30 Billion Cloud Infrastructure Deal 
China Expands Export Controls, Adds 20 Japanese Companies to Restricted List 
T-Mobile US Inc. (NASDAQ: TMUS) delivered a strong first-quarter performance, surpassing analyst expectations thanks to robust postpaid subscriber growth and rising service revenues. The wireless carrier reported adjusted earnings per share of $2.27, beating the consensus estimate of $2.05. Total revenue reached $23.11 billion, slightly above forecasts of $22.97 billion and representing an 11% year-over-year increase.
A key driver of this growth was T-Mobile’s postpaid segment. The company added 217,000 postpaid net accounts during the quarter, outperforming the Visible Alpha estimate of 193,000 additions and marking a 6% annual increase. Service revenue climbed 11% year-over-year to $18.8 billion, while postpaid service revenue surged 15% to $15.6 billion. Postpaid average revenue per account (ARPA) also improved, rising 3.9% to $151.93, highlighting stronger customer engagement and monetization.
Despite these gains, net income fell 15% year-over-year to $2.5 billion, largely due to costs associated with the UScellular merger. These included accelerated depreciation expenses totaling $476 million after tax. However, profitability metrics remained solid, with core adjusted EBITDA increasing 12% to $9.2 billion. Adjusted free cash flow also grew 5% to $4.6 billion, reflecting healthy operational performance.
CEO Srini Gopalan emphasized the company’s ability to attract new customers while deepening relationships with existing users, which continues to fuel growth in both accounts and revenue.
Looking ahead, T-Mobile raised its full-year 2026 guidance. The company now expects postpaid net account additions between 950,000 and 1.05 million, an increase from its previous forecast. Core adjusted EBITDA is projected in the range of $37.1 billion to $37.5 billion, while adjusted free cash flow is expected to reach between $18.1 billion and $18.7 billion.
Following the earnings release, TMUS stock saw a modest uptick in after-hours trading, reflecting investor confidence in the company’s growth trajectory and improved outlook.
