T-Mobile exceeds forecast for new customers and increases free cash flow

2023-10-25 16:36:00

T-Mobile US is more optimistic for the year as a whole and wants to add 5.7 to 5.9 million users with fixed contracts, instead of the previously expected 5.6 to 5.9 million. Adjusted free cash flow is now expected to be between $13.4 billion and $13.6 billion, compared to the previous forecast of $13.2 billion to $13.6 billion. The shares of T-Mobile US, listed on the US technology exchange Nasdaq, were down around one percent at the opening of trading.