T-Mobile revenue jumps 10.6 percent

26 Apr, 2016 2:33 pm

NEW YORK – T-Mobile US Inc reported a 10.6 percent rise in quarterly revenue as heavy discounts helped the No.3 wireless carrier attract more customers.

The company reported net income of $479 million, or 56 cents per share, for the first quarter ended March 31, compared with a loss of $63 million, or 9 cents per share, a year earlier.

Revenue jumped to $8.6 billion from $7.78 billion. -Reuters

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