July 27 (Reuters) - T-Mobile US (TMUS.O) topped Wall Street expectations for quarterly wireless subscriber additions on Thursday, as cost-conscious customers flocked to its cheaper plans and superior 5G services in a highly competitive market.
The U.S. wireless carrier said it added 760,000 postpaid phone subscribers - its highest second-quarter additions in eight years.
The figure was also higher than additions posted by rivals AT&T and Verizon and beat expectations of 708,800, according to Visible Alpha.
Total revenue for the quarter fell 2.6% to $19.20 billion, missing analysts' estimate of $19.31 billion, according to Refinitiv data.
By contrast, Verizon reported a churn of 0.83% for monthly phone subscribers, while AT&T's came in at 0.79%.
Persons:
Samrhitha, Pooja Desai
Organizations:
Mobile, Sprint, AT, Verizon, Alpha, T's, Thomson
Locations:
U.S, Bengaluru