T-Mobile US: Rises after raising 2021 postpaid adds forecast

Chunghwa Telecom Co

04/05/2021 21:48

** Shares of telecom co  TMUS.O  rise 2.6% to $131.88 in
extended trading 
    ** Raises full-year postpaid subscriber net additions
forecast 
    ** Also beats Q1 results and postpaid phone subscriber adds,
boosted by robust demand for 5G services  urn:newsml:reuters.com:*:nL4N2MR3B4
    ** Expects 2021 postpaid net customer additions between 4.4
mln and 4.9 mln, compared with prior forecast of 4.0 mln to 4.7
mln
    ** Q1 revenue of $19.76 bln and EPS of 74 cents vs.
analysts' estimates of $18.90 bln and 57 cents, respectively -
Refinitiv data
    ** Up to Tuesday's close, stock down 2.5% this year

 (Reporting by Chavi Mehta in Bengaluru)
 ((Chavi.Mehta@thomsonreuters.com;))