((Machine translation from Reuters, please see disclaimer https://bit.ly/rtrsauto))
T-Mobile US TMUS.O beat Wall Street expectations for quarterly wireless subscriber additions on Wednesday as more customers opted for its discounted plans that bundle streaming services like Netflix.
The US telecom giant has revised its forecast for net additions of postpaid customers, which is expected to range between 5.6 million and 5.8 million, compared to a previous forecast of 5.4 million to 5.7 million.
The company's strong performance in customer growth is largely due to its high-speed 5G plans, which are often more affordable than those offered by AT&T and Verizon.
T-Mobile, one of the Big Three carriers in the US, has seen an increase in adoption of its premium plans, such as Go5G Next and Go5G Plus, which include streaming services.
The company announced last month that it plans to launch a new AI decision-making platform called IntentCX, in partnership with OpenAI, to deliver more personalized solutions to customers.
The company added 865,000 postpaid customers in the third quarter, beating FactSet estimates of 727,500 additions.
