Apr 24, 2017

T-Mobile adds 1 million subscribers in first quarter

Kim Hart

Courtesy of T-Mobile

T-Mobile had a strong first quarter: It added 1.1 million total subscribers (including 914,000 total postpaid subscribers) and also locked down a large swatch of wireless spectrum at an FCC auction that will boost its network across the country.

T-Mobile CEO John Legere took a shot at rival Verizon, which lost 300,000 subscribers in the first quarter, even after announcing it's unlimited calling plan. "That's gotta be embarrassing after all that mic-dropping...We forced everyone to follow our move to unlimited," Legere said on the company's earnings call.

The big question: Will T-Mobile resume merger talks with Sprint — or perhaps another partner — now that the spectrum auction is over?

What to watch: The auction quiet period that prevented companies from talking about potential deals lifts Thursday. Legere said T-Mobile is "interested in looking at some of the possibilities."

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Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 3 p.m. ET: 766,336 — Total deaths: 36,873 — Total recoveries: 160,001.
  2. U.S.: Leads the world in confirmed cases. Total confirmed cases as of 3 p.m. ET: 153,246 — Total deaths: 2,828 — Total recoveries: 5,545.
  3. Federal government latest: The White House will extend its social distancing guidelines until April 30 — Rep. Nydia Velázquez diagnosed with "presumed" coronavirus infection.
  4. State updates: Virginia and Maryland issued stay-at-home orders to residents, joining 28 other states — Florida megachurch pastor arrested for refusing to call off mass services.
  5. World updates: Spain's cases exceed China's — Italy reports 1,590 recoveries from the virus, its highest ever.
  6. In photos: Navy hospital ship arrives in Manhattan
  7. What should I do? Answers about the virus from Axios experts — What to know about social distancing — Q&A: Minimizing your coronavirus risk
  8. Other resources: CDC on how to avoid the virus, what to do if you get it.

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