5 Reasons T-Mobile Will Continue Outgrowing the Competition
T-Mobile (NASDAQ: TMUS) managed to outperform its rivals Verizon (NYSE: VZ) and AT&T (NYSE: T) in the third quarter despite a few headwinds in its business. The Un-carrier added 1.979 million postpaid subscribers in Q3, including 679,000 postpaid phone subscribers. Both numbers led the industry.
Despite T-Mobile's excellent results, it still has several opportunities to continue adding subscribers over the next few years. Here are five reasons why:
T-Mobile's postpaid phone churn rate in the third quarter was 0.9%. That's higher than AT&T (0.69%) and Verizon (0.63%) by a wide margin.
Source Fool.com