T-Mobile delivers record quarter with Sprint merger pending

Published October 30, 2018 8:36pm ET



T-Mobile garnered double-digit profit growth and record revenue in the third quarter as the telecommunications firm worked to win federal approval for its $26 billion merger with Sprint.

Net income jumped 45 percent in the three months through September to $795 million, or 93 cents per share, higher than analysts’ expectations. Revenue at the Bellevue, Wash.-based firm grew 8 percent to a record $10.8 billion.

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