T-Mobile raises 2021 postpaid adds forecast on 5G strength

By Reuters7 days ago

Reuters. FILE PHOTO: A T-Mobile logo is seen on the storefront door of a store in Manhattan, New York, U.S., April 30, 2018. REUTERS/Shannon Stapleton

(Reuters) -T-Mobile US Inc raised its full-year postpaid subscriber net additions forecast after trouncing analysts' first-quarter estimates on Tuesday, boosted by robust demand for its 5G services from people working remotely.

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The wireless carrier has had a head start in the race to ramp up 5G services thanks to its purchase of smaller rival Sprint last year, helping tap into a surge in consumption of internet services during the COVID-19 pandemic.

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