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On Monday, T-Mobile, the Un-Carrier, announced their third quarter results. In a nutshell, they were better than anyone could have reasonably predicted. The company added well over 2 million new customers:

T-Mobile reported 2.3 million total net customer additions with 1.8 million total branded net customer additions for the quarter, including branded postpaid net additions of 1.4 million and branded prepaid net additions of 411,000. The strong branded postpaid net addition performance resulted from continued momentum in phone gross additions, which were up 46% year-over-year.1

There were some pretty remarkable highlights in T-Mobile’s best quarter ever:

Biggest growth quarter in T-Mobile’s history:

  • Best quarter ever of branded postpaid net adds – 1.4 million
  • Branded postpaid phone net adds more than doubled quarter-over-quarter to 1.2 million
  • Branded prepaid net adds up more than four times quarter-over-quarter to 411,000
  • 10 million total customers added over the last 6 quarters – 2.3 million in the third quarter alone
  • Service revenues grew 10.6% year-over-year to $5.7 billion
  • Best ever Average Billings Per User (ABPU) of $61.59, up 4.2% year-over-year
  • Adjusted EBITDA of $1.35 billion, flat year-over-year, impacted by record customer growth2

John Legere – T-Mobile CEO – clearly has his sights on bigger and better things, namely Sprint though not in so many words. Legere took a shot at the industry as a whole in a statement included in the Q3 results: “Despite our competitors’ best efforts, the Un-carrier revolution made huge advances in the third quarter with record net new customers…More proof of the resurgent strength of our brand and the massive momentum behind the Un-carrier consumer movement.”3

  1. T-Mobile Press Room, “T-Mobile US Reports Third Quarter 2014 Results,” 27 October 2014  
  2. T-Mobile Press Room, “T-Mobile US Reports Third Quarter 2014 Results,” 27 October 2014  
  3. T-Mobile Press Room, “T-Mobile US Reports Third Quarter 2014 Results,” 27 October 2014