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T-Mobile on Monday reported the addition of nearly 600,000 net phone subscribers in the third quarter of the year, along with earnings that significantly exceeded analyst expectations.
The mobile carrier, the nation's third-largest, reported net income of $550 million in the latest three-month period, which was down 5 percent from the second quarter but up 50 percent from the $366 million in the third quarter of 2016. Diluted earnings per share of $0.63 were well ahead of the $0.46 predicted by analysts, according to Thomson Reuters.
Revenue, meanwhile was roughly...