T-Mobile continues to grow in every which way possible. The US carrier recently announced its Q1 results during its quarterly earnings call. Things are looking up for the Magenta carrier.

T-Mobile is picking apart bits from other carriers in the US and continues to show new customer gains. During the first quarter, the nation’s third largest carrier added 798,000 postpaid phone subscribers. Total revenues increased by 11% up from the fourth quarter of 2016, to $9.6 billion. The carrier’s net income experienced a remarkable gain of about 46%. It now sits at $698 million strong.

T-Mobile likes to give credit where credit is due, and this quarter the carrier’s CEO praised MetroPCS for the success it experienced during the first accounting period of 2017. The MVNO claims that it saw a gain of 386,000 prepaid customers. This contributed largely to the rise in total revenues and net income that the carrier experienced during the same three months. For those who believe the days of prepaid are well behind us, understand that this is a 4% increase year-over-year. T-Mobile’s total net additions came out to be 1.1 million, which is the carrier’s sixteenth straight quarter of 1 million or more in gains. No carrier until now has ever been able to accomplished this.

T-Mobile’s fierce strategy and ‘Uncarrier‘ movement continues to draw success quarter after quarter and year after year. Just when we think progress and growth might begin to stall, T-Mobile wows us again. Though despite the positive results, T-Mobile’s stock price closed at just $65.32 on Monday, April 24th (the day of the earnings call), which was a 1% gain since the end of the prior business week. We’ll continue to keep an eye on this as well as new developments and financial results from the mobile industry.

You can find the full in-depth results at the source link, which is included below the embedded video.

SOURCE [T-Mobile]