T-Mobile Adds More Post-Paid Customers, Agrees on Tower Deal

T-Mobile Adds More Post-Paid Customers, Agrees on Tower Deal
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In its preliminary results for the final quarter of 2021, T-Mobile US said it expects to lead in post-paid customer net additions. The operator recorded post-paid net additions of 1.8 million new customers.

T-Mobile cited industry expectations as a confirmation it would best AT&T and Verizon for the metric. Contract phone users came in at 844,000 compared with 824,000 in the same period in 2020. The overall growth in the quarter was 5.9 percent year-on-year, while its full-year 2021 number of 5.8 million is 3 percent higher than 2020. Phone users grew 32 percent to 2.9 million. Neville Ray, president of technology at T-Mobile, stated it is determined to bring 5G to even more customers, despite already having the nation’s largest compatible network.

T-Mobile also announced a 12-year lease agreement with Crown Castle. The company said in a separate statement that it will help it extend its 5G network to more customers by accessing the infrastructure company’s small cells and towers.