 | August 15, 2020 |
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| T-Mobile and Sprint's blended network ops have helped suppress churn |
T-Mobile announced in its Q2 2020 earnings last week that it ended June with 98.3 million US subscribers, surpassing AT&T to become the second-largest US carrier by subscribers.
Mike Sievert, T-Mobile president and CEO, said in the earnings call that "we're staring down Verizon and our sight [is] set on the number one spot."
T-Mobile's subscriber accrual is helped by the low churn it maintained, which was likely aided by migrating Sprint customers onto its better network. T-Mobile reported a postpaid phone churn of 0.82% in Q2 2020 — for context, in their Q2 earnings, Verizon reported a wireless retail postpaid churn of 0.69% and AT&T reported a postpaid phone churn of 0.84%.
Business Insider Intelligence's Hirsh Chitkara has the full story. |
 | BRIEFING HIGHLIGHTS |
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