T-Mobile Tops Profit Estimates While Wireless Broadband Slowed
- T-Mobile has attracted customers with high-capacity airwaves
- Competitors AT&T and Verizon earlier offered mixed reports
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T-Mobile US Inc. beat predictions for profit while growth slowed in its wireless high-speed internet business.
The No. 2 US wireless carrier reported earnings per share of $2, compared with analysts’ average expectation of $1.89. Revenue of nearly $19.6 billion compared with a predicted $19.8 billion.