TMobile Raises Annual Cash Flow Forecast
TMobile raised its annual free cash flow forecast after reporting strong third quarter customer growth and revenue that beat estimates. The carrier added more postpaid accounts as subscribers opted for higher-priced plans.
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T-Mobile US raised its annual free cash flow forecast to $18.7B after posting third-quarter revenue that topped expectations. The wireless carrier added 274,000 postpaid net accounts during the period, driven by strong customer growth. The results highlight robust demand across the United States, where competition among telecom operators remains fierce.
