T-Mobile US reported second-quarter earnings that exceeded analysts’ projections and lifted its full-year guidance on the strength of record subscriber growth. Net income reached $3.22 billion, a 10% increase from a year earlier, while earnings per share rose to $2.84, ahead of the $2.67 consensus. Revenue climbed to $21.13 billion, narrowly topping forecasts, and adjusted EBITDA came in at $8.55 billion versus the $8.41 billion estimate. The carrier added 830,000 postpaid phone customers in the quarter, surpassing expectations of about 700,000, and said service revenue grew 6% to $17.4 billion. Management now projects 6.1 million to 6.4 million postpaid net additions for 2025, up from prior guidance of roughly 5.9 million. T-Mobile also raised its outlook for adjusted free cash flow to a range of $17.6 billion to $18 billion and sees core adjusted EBITDA between $33.3 billion and $33.7 billion. Earlier in the day, AT&T also reported quarterly earnings and revenue that exceeded Wall Street estimates, yet its shares fell after a recent rally. Detailed figures were not immediately released, but the results underscore heightened competition among the largest U.S. wireless providers as they seek to lock in high-value postpaid customers.