T-Mobile said it added 1.65 million net connections in the first quarter with 1.02 million branded postpaid additions as its results were better than expected.
The company reported first quarter revenue of $11.1 billion, up 6% from a year ago, with net income of $908 million and earnings per share of $1.06 a share.
Wall Street was expecting T-Mobile to report first quarter non-GAAP earnings of 91 cents a share on revenue of $11 billion.
Simply put, T-Mobile appears to be taking share and keeping its customers with a branded postpaid phone churn of 0.88%.
Verizon and AT&T added fewer phone net adds than T-Mobile, but have been adding extra lines for wearables.
On 5G, T-Mobile said it plans to have its standards based 5G network across the U.S. in 2020. In 2019, T-Mobile said it will launch its 5G network on 600 MHz in the second half of the year.
As for the outlook, T-Mobile said it expects to add 3.1 million to 3.7 million branded postpaid net additions. The company had projected 2.6 million to 3.6 million branded postpaid net adds. Adjusted EBITDA will be between $12.7 billion to $13.2 billion.
Among the key items in the quarter:
T-Mobile said that it is seeing strong demand from new rate plans on the consumer front as well as T-Mobile for Business.
At the end of the quarter, T-Mobile reported 81.3 million total customers.
Service revenue for the first quarter came in at $8.28 billion.
Average revenue per user fell 1.3% in the first quarter to $46.07.
2024 Genesis GV60 RWD Fixes The EV’s Biggest Problem
The 2024 Genesis GV60 Standard RWD trim has a starting MSRP of $52,000. The GV60 Advanced AWD and GV60 Performance AWD models start at $60,550 and $69,550, respectively. Another issue cited in SlashGear’s review of the 2023 Genesis GV60 was the vehicle’s limited availability in North America, a problem that hasn’t quite been solved. The GV60 Standard RWD and GV60 Advanced AWD are currently available at select retailers in 23 states, while the availability of the GV60 Performance AWD hasn’t yet been announced.
Despite limited availability, the 2024 Genesis GV60 shouldn’t be overlooked when considering a new EV, especially considering its increased range. Other standard features new to the Genesis GV60 include a Wi-Fi hotspot capability, Highway Driving Assist II, and Advanced Forward Collision Avoidance-Assist. Plus, Genesis added more airbags to the 2024 model, as well as a seat belt pretensioner, load limiter, and rear seat belt reminder.
The luxury EV also retains advanced features Genesis had implemented in previous models, including tech that allows drivers to operate their vehicle using fingerprint and/or facial recognition in lieu of a key. Additionally, it uses a glowing crystal ball as its drive shift, which may be the vehicle’s most unique and innovative feature. Anyone interested in purchasing a 2024 Genesis GV60 can visit a local Genesis retailer or the automaker’s website for more details.
The History Of Presidential Aircraft From Roosevelt To Biden
Just as the 20th century dawned, a new age of mankind was dawning. Near the end of 1903, Wilbur and Orville Wright accomplished a previously insurmountable task that would alter the course of humanity for the next century and beyond. On December 17, 1903, the Wright brothers took flight in their flying machine.
The dream to touch the sky was a dream no longer, and it was only a matter of time until the President of the United States grasped the import of the development. Nearly a decade after the Wright brothers took the first flight in human history, former President Theodore Roosevelt became the first President to ever fly.
At the time, Roosevelt had been out of office for over a year. At a county fair in St. Louis, Missouri in 1910, President Roosevelt was flown over the crowd. Although a rather inconspicuous occasion, this would be the historic first for presidential air travel. The brief trip was made in a Wright Flyer by Archibald Hoxsey, who himself worked for the Wright Brothers. The Wright Flyer is the comparatively primitive airplane the Wright Brothers designed to enable air travel. The first airplane was born of the Wright Brothers’ experimentation with gliders, which ultimately led them to attach a propulsion system.
After President Roosevelt’s flight, presidential aviation didn’t really pick up any momentum for over two decades. Although Theodore Roosevelt was the first president to ever take to the sky, it would be his distant cousin, Franklin Delano Roosevelt, who would be in office for the birth of presidential air travel as we know it today.
Nintendo Announces End Of Online Service For 3DS And Wii U Following eShop Shutdown
Nintendo 3DS and Wii U gamers will still be able to play offline games on their devices. Users will also be able to download update data and any software or DLC already purchased from the Nintendo eShop. However, it’s important to note that you cannot simply go and purchase the games you missed out on before the shutdown, as the online store ceased operations in March of this year.
A few services will remain functional after Nintendo completes its general online shutdown. StreetPass, the application that lets users communicate directly between devices, will remain available since it utilizes a local connection.
Additionally, the “Pokemon Bank” and “Poke Transporter” applications will retain their online functionalities. “Pokemon Bank,” made free earlier this year, allows users to store up to 3,000 Pokemon in an online bank. “Poke transporter” is a companion application to “Pokemon Bank” that allows users to transfer Pokemon from Gen 5 games and the Virtual Console versions of Gen 1 and 2 to their online inventory.
Although Nintendo is keeping these applications functional for now, it stated that they “may also end at some point in the future.” Many “Pokemon” fans are urging others to transfer their pocket monsters to the Switch’s “Pokemon Home” before it is too late.
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