T-Mobile Boosts Parts of Guidance

By Allison Prang

T-Mobile US Inc. increased aspects of its outlook.

The company said it expects merger synergies for this year to be between $2.9 billion and $3.2 billion. It was expecting a range $100 million less.

The telecom company is guiding for postpaid net customer additions to be between 5 million and 5.3 million. It was expecting those to be between 4.4 million and 4.9 million.

The company expects core adjusted earnings before interest, taxes, depreciation and amortization to be between $23 billion and $23.3 billion, it said. It was guiding for those to be between $22.8 billion and $23.2 billion.

The company expects between $5.2 billion and $5.5 billion in free cash flow, including payments for merger-related costs. The lower end of that guidance used to be $5.1 billion.

Write to Allison Prang at allison.prang@wsj.com

(END) Dow Jones Newswires

July 29, 2021 16:30 ET (20:30 GMT)

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