T-Mobile (NASDAQ: TMUS) reported Q4 revenue for the quarter came in at $20.3 billion versus the consensus estimate of $19.93 billion.

Strong 2021 Outlook and Analyst Day Coming After Auction 107

• Expect growth in postpaid customers, Core Adjusted EBITDA(1), net cash provided by operating activities, and Free Cash Flow(1) in 2021
• Updated merger synergies, medium and long-term guidance, and a strategic overview of the business to be provided at Analyst Day following the expected end of the FCC quiet period for Auction 107

Strong 2021 Outlook and Analyst Day Coming After Auction 107

• Postpaid net customer additions are expected to be between 4.0 million and 4.7 million.
• Core Adjusted EBITDA, which is Adjusted EBITDA less lease revenues, is expected to be in the range of $22.6 billion to $23.1 billion, with Adjusted EBITDA of $26.5 billion to $27.0 billion and lease revenues of $3.8 billion to $4.0 billion.
• Cash purchases of property and equipment, including capitalized interest are expected to be between $11.7 billion and $12.0 billion.
• Merger-related costs are expected to be $2.5 billion to $3.0 billion before taxes. These costs are excluded from Core Adjusted EBITDA and Adjusted EBITDA but will impact Net income and cash flows.
• Net cash provided by operating activities, including payments for Merger-related costs, is expected to be in the range of $13.0 billion to $13.5 billion.
• Free Cash Flow, including payments for Merger-related costs, is expected to be in the range of $4.9 billion to $5.4 billion. Free Cash Flow guidance does not assume any material net cash inflows from securitization.

“These results show that we’re pulling way ahead of the pack on what matters - overall 5G network performance - and executing to stay ahead,” said Mike Sievert, CEO of T-Mobile. “And customers are noticing. 2020 was quite simply our best year yet, with our highest EVER total postpaid net additions of 5.5 million. Our team delivered – leading the industry on customer growth, while being the ONLY major player to grow profitability as well, with our synergy-backed business model. The best team, the best assets, the best 5G network. We’re positioned to create enormous value. I like the hand we’re holding!”

For earnings history and earnings-related data on T-Mobile (TMUS) click here.