T-Mobile, the little magenta phone company that could, isn’t so little any more.
In the same quarter last year, T-Mobile added 646,000, meaning it increased customer growth by over 30,000 customers per month year-on-year.
Even better, the “churn” in customers was 1.1%, a record low for T-Mobile and a massive result considering the current state of the wireless industry.
In the face of all that, T-Mobile’s net income rose to $581 million from $225 million a year earlier.
On the earnings call, T-Mobile CEO John Legere acknowledged the merger talk, but suggested that growth could come from within the company, rather than from a merger.