Yahoo Finance·2025-10-24 15:22Core Insights - T-Mobile and AT&T are engaged in a competitive pricing dispute, with T-Mobile's incoming CEO Srini Gopalan suggesting AT&T's criticisms stem from pressure they are experiencing [1] - T-Mobile's Q3 revenue increased by 8.9% year-over-year to $21.96 billion, surpassing estimates, while adjusted earnings per share fell by 7.7% to $2.41, slightly exceeding expectations [2] - T-Mobile raised its full-year outlook for postpaid net customer additions to 7.2 million to 7.4 million, although this is below Wall Street's estimate of approximately 7.5 million [3] Financial Performance - The company reported 3.3 million postpaid phone additions and 130,000 fiber additions, both exceeding previous guidance but falling short of consensus estimates [4] - T-Mobile increased its core adjusted EBITDA guidance to $33.7 billion to $33.9 billion, which is still below the $34 billion expected by analysts [4] - Capital spending forecast was raised to $10 billion, which analysts believe could pressure cash flow [5] Market Position - T-Mobile's stock has remained flat year-to-date and declined by 3% on Thursday, reflecting investor concerns about rising costs and profit trends [2] - In contrast, AT&T's stock has risen by 8% in 2025, while the S&P 500 has gained 15% [5] - T-Mobile emphasized its role as an industry disruptor, focusing on transparency and customer satisfaction rather than engaging in rivalry [5] Customer Growth - T-Mobile achieved 1 million postpaid phone net customer additions in Q3, marking its best performance in over a decade [6] - AT&T reported a mixed Q3, missing earnings and revenue estimates but adding 405,000 new mobile phone customers [6]