*By Jeffrey Marcus* T-Mobile announced Wednesday it had its best second quarter ever, booking earnings of $0.92 per share on $10.6 billion in total revenueーincluding a record $7.9 billion from services. The wireless provider also added 1.6 million new customers, the 21st consecutive quarter in which subscribers grew by more than 1 million, the company said. T-Mobile also increased its target for branded postpaid customers to 3.6 million by the end of the year. T-Mobile U.S. president and COO Mike Sievert said Wednesday in an interview with Cheddar that the company's growth would strengthen its hand in a proposed merger with rival Sprint. After several failed attempts which spanned a couple years, the companies announced an agreement to merge in April and have been working to earn government approval on the promise of increased competition from fewer, stronger rivals. "The capacity of this network will create competition," Sievert said. "When we get this network built, it is going to have seven times the capacity of today's Sprint and T-Mobile combined. That's going to create a level of competition that AT&T, Verizon, and Comcast have never seen." For more on this story, [click here](https://cheddar.com/videos/t-mobile-president-reacts-to-q2-earnings-and-merger-with-sprint).

Share:
More In Business
Daytime Talk Shows to Resume Production
Daytime talk television shows such as The Drew Barrymore Show and The Kelly Clarkson Show are resuming production after the writers' strike was resolved recently.
National Taco Day Deals
On National Taco Day, Cheddar News breaks down which eateries are currently offering big deals to mark the day.
Using AI To Land a Job
Finding a job and securing an interview is a stressful process. Cheddar News explains how artificial intelligence can help you prepare for that interview.
Load More