T-Mobile reports Q4 EPS $1.67, consensus $1.90

Reports Q4 revenue $20.48B, consensus $19.64B. Reports Q4: “Postpaid net account additions were 299 thousand in Q4 2023 and 1.3 million in 2023. Postpaid net customer additions were 1.6 million in Q4 2023 and 5.7 million in 2023. Postpaid phone net customer additions were 934 thousand in Q4 2023 and 3.1 million in 2023. Postpaid phone churn was 0.96% in Q4 2023 and 0.87% in 2023. Prepaid net customer additions were 53 thousand in Q4 2023 and 282 thousand in 2023. Prepaid churn was 2.86% in Q4 2023 and 2023 churn of 2.76% was the lowest in company history. High Speed Internet net customer additions were 541 thousand in Q4 2023 and 2.1 million in 2023, the highest in company history. T-Mobile ended the year with 4.8 million High Speed Internet customers. Total net customer additions were 1.6 million in Q4 2023 and 5.9 million in 2023. Total customer connections increased to a record high of 119.7 million.”