T-Mobile revenue surges in Q2 2015 as more customers join team magenta

T-Mobile today released the company's full report for Q2 2015, announcing increased revenue of 14 percent year-on-year. As previously covered, the company also managed to add a total of 2.1 million new customers to the network during the quarter.

With more than 2.1 million customers signing up to T-Mobile, the company experienced the ninth consecutive quarter with over a million new additions. Branded postpaid phone churn rate finished at a low 1.3 percent, and the company has performed well overall. $6.1 billion in services revenue, up 12 percent year-on-year, was joined by $8.2 billion in total revenue.

What's rather interesting about this quarter is the turnaround for T-Mobile, which managed to hit $361 million net income from sinking in a loss of $63 million in Q1 2015. So while the US carrier continues to aggressively tackle the industry, finances are also starting to look more positive.

Source: T-Mobile

Rich Edmonds