T-Mobile continues to gain share as the big three carriers in the US battle for subscribers with phone promotions. T-Mobile added 627,000 postpaid phone net additions and postpaid accounts of 349,000.
In addition, T-Mobile said that its integration of Sprint if fueling results. About 80% of Sprint traffic is now carried on the T-Mobile network and a third of the customers have been moved over. T-Mobile also raised its 2021 merger synergies outlook.
Mike Sievert, CEO of T-Mobile, said it is benefiting from its 5G network and unlimited plans. T-Mobile ended the quarter with 104.8 million subscribers. On a conference call with analysts, Sievert took a few jabs at Verizon and AT&T and said that its 5G reach is extending into enterprises.
Our 5G network creates a platform for growth beyond core wireless, and we are focused on helping customers realize value from emerging technologies such as private networks and mobile edge compute, which are exciting potential upsides to our plan. We're already in trial programs with major enterprises in these areas, including 12 of the Fortune 50, even though we don't issue empty press releases about it every week.