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T-Mobile reiterates FY23 guidance

T-Mobile said in conjunction with announcing that it is planning to reduce the size of its workforce by just under 7% that the company “reiterates the fiscal year 2023 guidance it previously issued.” On July 27, T-Mobile previously raised its FY23 core adjusted EBITDA view to $28.9B-$29.2B from $28.8B-$29.2B and said adjusted Free Cash Flow, including payments for merger-related costs, is expected to be between $13.2B-$13.6B.

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