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T-Mobile lifts free cash flow forecast as profit, subscriber additions beat estimates

Wireless carriers have been vying for customers who have been tightening their purse strings, including delaying phone upgrades that have hit purchases of bundled plans, amid mounting concerns about an economic slowdown. Fewer customers switching operators and solid promotional activity along with migration to higher-tiered unlimited plans also helped T-Mobile drive subscriber growth. T-Mobile now expects adjusted free cash flow for the year to be between $13.4 billion and $13.6 billion, compa...
United States Vinay Dwivedi Samrhitha Arunasalam Wall Street Free Cash Flow T Mobile
Source: yahoo.com

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