I look at your peers in competition who also seem to be doing well. So it raises the question, where are your gains coming from, from them? Or is that just like this new generation of customer that's appeared what we're seeing nice organic growth in the industry. So everybody did pretty well. Both of my principal competitors, I think, had net gains that were a little better than expected. But T Mobile took the prize. I mean, this was the biggest Q2 for postpaid net phone additions ever in our history. And we took the prize from who is what I'm trying. Well, we took more than AT&T and Verizon combined, so this is still a share taking story for us. And, you know, of course, the industry is growing. That's healthy, that's positive. But but T-Mobile's the disproportionate winner in the growth game. Our our postpaid service revenues up 7% year over year more than twice the the

pace of the principal competitors.
Mike, back in California, we're a T-Mobile household, and I use Verizon for my business line. But it's the technology story that I'm most interested in. You know, I think back to when the iPhone 15 Pro generation came out. I went there because of incentive credit back on the new handset, the incentive of having multiple lines on one account. And I always want to know how much of a factor that still is for you guys to kind of think, well, what can we do on the incentive side to either renew existing customers or bring in new ones?
Well, customers have always trusted T-Mobile to be the best value in the industry. That's our legacy. That's our heritage. And what's interesting is now that we're the best network in the industry, also, some would expect us to give up that value position, but we're not going to, you know, this. We have the best promotions

have the best overall value.
We give you more, we ask less of you, and we have the balance sheet and the
cost structure to defend that value position for the long haul.
It's great to have you on Bloomberg Technology here in New York.
And one of the technology stories with T-Mobile is Fiber KKR, Lumos.
I think you've talked about the importance of that in the ramp, but I
wondered if you just give me some specifics why and also how you grow your
investment and why you did it. Last week we announced our second
transaction in the space. The first one was Lumos.
A couple of months ago. Last week we announced that we are
combining collaborating with KKR to purchase Metronet, and Metronet is the
fastest growing pure play fiber company in America and arguably the most
important. And so it's really terrific to be
collaborating with KKR. Our joint business plan for this asset
and this team is to grow it past six and

a half million homes past within the
planning period now till 2030. And to do so without further capital
calls is the long-term opportunity for you bundling.
So you look at your subscriber customers, you look at what the
household does with you, you want them to do more.
Is that the idea? Well, it's the current opportunity.
Remember, T-Mobile is a major broadband provider today.
In fact, we have 5.6 million broadband customers through our fixed wireless
product. This quarter, Q2 t Mobile took our
highest percentage share of broadband net ads ever in our history, 75%. When
you add up all fiber, all cable, and all fixed wireless, one brand T-Mobile took
75% with over 400,000 net additions. And so our value proposition is
resonating with people, and part of it is sure, they trust our brand and they want
to buy wireless from us and broadband from us.
Stocks now up 4% in the session, up

about 14% year to date.
This is Bloomberg Technology. One of the companies that I cover is
SpaceX. I'm really interested in the StarLink
relationship, but when I flew here on a United Airlines flight, I was able to
access wi-fi in-flight because I'm a T-Mobile customer.
You've got different options there. What's the big picture strategy?
Well, first of all, I'm glad you acknowledged that benefit.
This is so exciting. We have partnerships with because United
doesn't have StarLink is my point and correct.
And we have partnerships with most of the major U.S.
airlines such that T-Mobile customers get free Wi-Fi on flights.
And it's so great. And we're doing that through satellite
connectivity with a number of partners. But what you're asking about is our
exclusive arrangement with SpaceX. We have a technology alliance, and we
intend to be the first ones to bring satellite connectivity to your day-to-
day usage of your mobile phone.

And the vision here, that's joint between us, is to eliminate dead zones. The idea is that if you can see the sky, you're connected, and you can message, text, and eventually make phone calls, and have some data to be connected to the people and the issues that you care about.

T-Mobile Continues to Add Customers, Shares Rise

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