![]() ![]() In its second quarter earnings report, T-Mobile recorded a net increase of 723,000 in postpaid phone customers during the period, a figure that's ahead of most Wall Street expectations. "T-Mobile delivered a very strong second quarter, with results ahead of our forecasts across the board, and a boost in guidance that implies upside to our 2022 financial and operational forecasts," wrote the financial analysts at Evercore. "They did it again," argued the financial analysts at Raymond James in their own report, noting that T-Mobile again raised its overall financial guidance for 2022 on Wednesday after doing so in April. "These trends reflect a very different organic growth picture than peers." "T-Mobile increased full-year guidance for all metrics, in contrast to lowered guidance at peers," wrote the financial analysts at New Street Research in a report to investors after the release of T-Mobile's second quarter results. Nonetheless, financial analysts generally cheered T-Mobile's overall progress against its rivals. And, according to The T-Mo Report, the operator is also increasing its late fees by several dollars. For example, the operator recently increased its "assisted support charge" and "upgrade support charge," for customers who add new lines or upgrade phones, by around $5. However, it's worth noting that T-Mobile has raised prices on some one-time fees. T-Mobile hasn't engaged in those kinds of pricing increases. ![]() In recent months both AT&T and Verizon have raised prices on either new or old plans, efforts designed to eke out billions of extra dollars from their existing customers. ![]() Perhaps most notably, T-Mobile has not increased its service fees in the same way that AT&T and Verizon have. In comparison, shares in both AT&T and Verizon fell last week after they reported their second quarter finances and updated their 2022 guidance. T-Mobile's stock rose by almost 5% on the news, to around $140 per share. ![]()
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