Today T-Mobile announced that it has added 524 thousand 5G home internet customers in the 4th quarter of 2022. T-Mobile added 2 million home internet customers in 2022 and now has 2.6 million 5G, high-speed internet customers.
“With record postpaid account and customer net adds that translated into industry-leading postpaid service revenue and cash flow growth, T-Mobile absolutely smashed 2022 by once again focusing on putting customers first,” said Mike Sievert, CEO of T-Mobile. “In true Un-carrier fashion, we have no plans to slow down in 2023. Now that we are being recognized as not only the 5G leader but the clear overall network leader in the U.S., our differentiated and sustainable growth strategy is opening up even bigger pathways for our future!”
T-Mobile’s internet service includes average speeds of 100 Mbps, skips equipment rentals, and is available for $50/month with no contracts.
This comes as millions of Americans are looking for new internet options as they look to break free from the high cost of cable TV.
T-Mobile’s total net customer additions were 1.8 million in Q4 2022 and reached a record 6.8 million for 2022. The total customer count increased to a record high of 113.6 million.
Total service revenues increased 4% year-over-year to $15.5 billion in Q4 2022 and 5% year-over-year to $61.3 billion in 2022.