T-Mobile (TMUS.O) faced a slower-than-expected subscriber growth in the first quarter of 2025, adding 495,000 new monthly bill-paying customers, which fell short of the 506,400 expected by analysts, according to FactSet. While T-Mobile still managed to outperform its competitors, including AT&T (T.N), which added fewer subscribers, and Verizon (VZ.N), which lost customers during the same period, the company’s performance highlighted the growing competition in the increasingly saturated U.S. telecom market.

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