T-Mobile is targeting a Capex (capital expenditure) of $4.9 to $5.3 billion this year with a special focus on 5G networks.
AT&T and Verizon have already announced their 5G network plans for the current year by focusing on fixed wireless networks and mobile Internet.
T-Mobile US reported service revenue of $7.8 billion (+7.1 percent) in Q4 2017 and $30.2 billion (+8.3 percent) in 2017.
Total revenues of T-Mobile were $10.8 billion (+5.1 percent) in Q4 2017 and $40.6 billion (+8.3 percent) in 2017.
T-Mobile posted net income of $2.7 billion in Q4 2017 and $4.5 billion 2017.
Adjusted EBITDA of the telecom operator was $2.7 billion in Q4 2017 and $11.2 billion in 2017.
T-Mobile added 1.9 million new connections in Q4 2017 and 5.7 million in 2017, thanks to its cost effective data plans and marketing campaigns to beat Verizon, Sprint and AT&T in the US wireless market.
T-Mobile, which covered 322 million people with 4G LTE at the end of 2017, said it would be targeting 325 million people across 2.5 million square miles by the end of 2018.
The mobile service provider started the deployment of 600 MHz in 2017. It opened 2,800 new stores in 2017, including nearly 1,500 new T-Mobile and over 1,300 net new MetroPCS
T-Mobile aims to add post-paid customer base of 2 to 3 million in 2018.
Bellevue, Washington-based T-Mobile said its customer base has increased by more than 39 million in total – more than doubling in size over the past five years.
In 2017, T-Mobile completed its fourth year of growing service revenues, posting 8 percent growth in 2017 as rivals including Verizon, AT&T and Sprint showed declines in their annual revenues.
The increase in adjusted EBITDA to $2.7 billion in Q4 2017 and to $11.2 billion in 2017 was due to strong cost performance. T-Mobile reduced cost of services by 80 basis points as a percentage of service revenues and cut SG&A by 40 basis points as a percentage of service revenues (excluding the net impact of hurricanes) in 2017.
