Press release
T-Mobile Delivers Industry-Leading Customer, Postpaid Service Revenue and Cash Flow Growth in 2022, Setting Up Strong 2023 Outlook
The Un-carrier’s Differentiated Growth Strategy Drives Industry-Best Growth of 6.4 Million Postpaid Customers and Establishes T-Mobile as America’s Fastest
About this update from T-mobile Us, Inc.
[{"type":"text","content":"\nThe Un-carrier’s Differentiated Growth Strategy Drives Industry-Best Growth of 6.4 Million Postpaid Customers and Establishes T-Mobile as America’s Fastest Growing Broadband Provider\n\n BELLEVUE, Wash.--(BUSINESS WIRE)--\nT-Mobile US, Inc. (NASDAQ: TMUS):\n\nIndustry-Leading and Record High Postpaid and Broadband Customer Growth in 2022\n\n\nPostpaid net account additions of 314 thousand in Q4 2022 — 1.4 million in 2022, record high(1)\n\n\nPostpaid net customer additions of 1.8 million in Q4 2022 — 6.4 million in 2022, exceeded guidance\n\n\nPostpaid phone net customer additions of 927 thousand in Q4 2022 — 3.1 million in 2022, only operator to grow year-over-year(1)\n\n\nPostpaid phone churn of 0.92% in Q4 2022 — 0.88% in 2022, record low, only operator to improve\n\n\nHigh Speed Internet net customer additions of 524 thousand in Q4 2022 — 2.0 million in 2022, industry-best\n\n\nDifferentiated Growth Model Unlocks Strong Financial Results and Accelerates Shareholder Returns in 2022\n\n\nService revenues of $15.5 billion in Q4 2022 — $61.3 billion in 2022, record high\n\n\nPostpaid service revenues of $11.7 billion in Q4 2022 — $45.9 billion in 2022, industry-leading growth of 8%\n\n\nNet income of $1.5 billion in Q4 2022 — $2.6 billion in 2022, which included merger-related costs, decreased 14%\n\n\nCore Adjusted EBITDA(2) of $6.6 billion in Q4 2022 — $26.4 billion in 2022, industry-leading growth of 12% and at high end of guidance\n\n\nNet cash provided by operating activities of $4.3 billion in Q4 2022 — $16.8 billion in 2022, industry-leading growth of 21%, exceeded guidance\n\n\nFree Cash Flow(2) of $2.2 billion in Q4 2022 — $7.7 billion in 2022, industry-leading growth of 36%, exceeded guidance\n\n\nRepurchased 21.4 million shares of common stock in 2022 for $3.0 billion\n\n\nIndependent Third Party Experts Crown T-Mobile the New Overall Network Leader While Extending 5G Lead\n\n\nT-Mobile’s overall network performance swept the competition for the first time according to Ookla\n\n\nDoing Good — The Un-carrier Way — Ranked Top 20 on America’s Most JUST Companies in 2023\n\n\nCommitted to net-zero target by 2040, first in US wireless industry, and signed The Climate Pledge\n\n\nProject 10Million connected more than 5.3 million students, more than halfway toward achieving its goal\n\n\nStrong 2023 Outlook Driven by Conti...