Wireless Industry News

T-Mobile US reported adding another 1.6 million new customers in the fourth quarter of 2013, and used its end-of-2013 results to trumpet the progress of its "uncarrier" initiatives, which it launched at the beginning of last year. Specifically, T-Mobile said it was able to garner 2 million branded postpaid net adds in 2013, ahead of its guidance of 1.6 million to 1.8 million, and that it earned 2013 adjusted EBITDA of $5.3 billion, directly in line with its previous guidance range of $5.2 billion to $5.4 billion.

Importantly, T-Mobile predicted the good times will continue: For the full year 2014, T-Mobile said it expects to garner an additional 2 million to 3 million new customers and will grow its annual adjusted EBITDA to between $5.7 billion to $6 billion.

"2013 was a transformational year for us," CEO John Legere said, adding that the carrier was able to "deliver growth in a fiscally responsible way." Legere also said that "we expect that the pace of growth will continue even further in 2014." Read the full article