T-Mobile's quarterly revenue rises 10 percent

Reuters News
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Posted: Jul 19, 2017 4:21 PM

(Reuters) - T-Mobile US Inc, the No. 3 U.S. wireless carrier, reported a 10 percent rise in quarterly revenue as its promotional offers helped win subscribers from larger rivals Verizon Communications Inc and AT&T Inc.

T-Mobile's net income rose to $581 million, or 67 cents per share, for the second quarter ended June 30 from $225 million, or 25 cents per share, a year earlier.

Total revenue rose to $10.21 billion from $9.29 billion.

(Reporting by Aishwarya Venugopal in Bengaluru; Editing by Anil D'Silva)