Overview
- T-Mobile, which reported results Tuesday, raised its 2026 goal for postpaid net account additions to 950,000 to 1.05 million.
- The carrier posted 217,000 postpaid net account additions in Q1 and reported $23.11 billion in total revenue, topping the $22.97 billion consensus.
- Reflecting a metric shift to relationships over lines, T-Mobile stopped reporting postpaid phone adds and emphasized account growth and average revenue per account.
- Two new fiber joint ventures will add coverage to more than 1 million homes, with about $2 billion for a 50% stake alongside Oak Hill’s GoNetspeed and Greenlight expected to close in H1 2027, and about $700 million for a 50% stake with Wren House’s i3 Broadband slated for H2 2026.
- Deutsche Telekom is exploring a possible full merger with T-Mobile in early-stage talks that would face review in both the United States and Germany, as rivals AT&T and Verizon set a tougher backdrop with better-than-expected Q1 results.