T-Mobile (NASDAQ: TMUS) just put a cap on a very strong 2020. It closed its merger with Sprint and added 5.5 million postpaid subscribers, including 2.2 million postpaid phone subscribers.
While competitors AT&T (NYSE: T) and Verizon (NYSE: VZ) haven’t released their fourth-quarter results yet, it’s a pretty safe bet T-Mobile managed to add more subscribers than either competitor. Verizon lost postpaid subscribers through the first nine months of the year, and AT&T has added less than a million.
And investors have good reason to remain optimistic about T-Mobile’s chances of taking more market share in 2021. Here are three reasons why.