Communication Services
Telecom Services
$282.90B
67K
Key insights and themes extracted from this filing
Total service revenues increased by 4% year-over-year to $16.43 billion, driven by a 7% increase in postpaid revenues to $12.90 billion. This indicates a strong performance in attracting and retaining higher-value postpaid subscribers.
Net income increased by 32% year-over-year to $2.93 billion, driven by revenue growth and a decrease in total operating expenses. This reflects improved profitability and operational efficiency.
Equipment revenues decreased 2% year-over-year to $3.11 billion, indicating a potential shift in customer device purchasing patterns or increased promotional activity.