T-Mobile US (NASDAQ:TMUS) reported an impressive quarterly earnings report on Thursday, revealing a huge surge in profit thanks to an ever-increasing customer base.
America’s third-largest wireless provider reported a net income of $297 million in the final quarter of 2015, up from just $101 million a year earlier. Operating activities brought in $2.2 billion across the quarter, service revenues were up 11.7% year-over-year and adjusted EBITDA shot up by 30.2% to $2.3 billion. Total revenue rose by over a point to $8.25 billion, just skating past the average analyst estimate of $8.2 billion.
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