Adjusted EBITDA of the telecom operator was $2.7 billion in Q4 2017 and $11.2 billion in 2017. The company said changes in tax law resulted in a net tax benefit of $2.18 billion in 2017. More will be incurred looking forward, mainly related to operations in Puerto Rico.The net profit increased to 2.7 million or Dollars 3.11 per share, from a profit the year earlier of 390 million or 0.45. Over the course of the fourth quarter, the team saw 1.9 million total net additions and 891,000 branded postpaid phone net additions.
Meanwhile, postpaid branded churn fell 10 basis points year-over-year to finish at 1.18 percent and branded prepaid churn finished at 4.00 percent, up 6 basis points year-over-year.
This number might sound familiar, but that is because T-Mobile US made a decision to purposely leak the gains a couple of weeks ago, but now it is official as the company reports its quarterly earnings. The net profit meanwhile advanced to Dollars 4.5 billion or USD 5.20, from 1.460 billion and 1.69 per share. That is the success of the T-Mobile charge over the last couple of years, hopefully this lesson will be carried into 5G and executives don't simply focus on the holy grail of nationwide coverage. The total base reached 72.585 million customers.
Branded postpaid ARPU came to $46.38, down 4.1% Y/Y; branded prepaid ARPU was $38.63 (up 1.1%).
T-Mobile today also gave us an update on its network. Two 600 MHz compatible devices were available for the 2017 holiday season; a dozen compatible smartphones will be rolled out this year.
For the full calendar year, T-Mobile officials touted the addition of more than 5 million customers for the fourth consecutive year in 2017, including 3.6 million net postpaid customers.
The mobile service provider started the deployment of 600 MHz in 2017. The company is guiding for adjusted EBITDA at United States dollars 11.3-11.7 billion. Adjusted EBITDA target includes leasing revenues of $0.6 billion to $0.7 billion.