T-Mobile to launch 5G on 600 MHz in the second half of 2019
Linda Hardesty | April 26, 2019
T-Mobile said during its first quarter 2019 earnings report Thursday that it plans to launch 5G on 600 MHz as soon as it has compatible smart phones in the second half of 2019. The company also said it added 656,000 branded postpaid customers during its first quarter 2019 as part of total branded postpaid net additions over 1 million, which was also supported by strong growth in wearables. The company added 69,000 prepaid net customers during the quarter. And it reported record-low postpaid phone churn of 0.88%, down 19 basis points year-over-year. The carrier’s total revenues increased by 6% year-over-year to $11.1 billion, and it reported net income for the quarter of $908 million, up 35% year-over-year, resulting in earnings per share of $1.06, up 36%. T-Mobile’s CEO John Legere provided an update of the company’s network, saying it has 600 MHz and 700 MHz low-band spectrum deployed to 304 million people across the country. It’s also in the process of building out more 600 MHz LTE, which it expects to be ready next year as well as millimeter wave (mmWave). “Our 600 MHz LTE deployment is on equipment that’s 5G ready,” said Legere. “Almost 3,500 cities and towns in 44 states and Puerto Rico are alive with LTE on 600 MHz today, well ahead of expectations,” according to a Seeking Alpha transcript.