T-Mobile tops 50 million subscribers, swings to a profit in latest earnings
See the original posting on The Verge
T-Mobile’s reinvention has been underway for a few years now, driven by the larger-than-life CEO John Legere and his Uncarrier program. While the company had succeeded in stealing customers from its rivals, namely Sprint, it seemed that strategy was also driving it to heavy losses. That changed this morning, when the company reported its second quarter earnings, and a profit of $391 million that surprised Wall Street analysts.