T-Mobile beats quarterly phone subscriber estimates

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T-Mobile beats quarterly phone subscriber estimates
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T-Mobile US Inc on Monday beat analysts' third-quarter estimates for net ne...

) on Monday beat analysts’ third-quarter estimates for net new phone subscribers who pay a monthly bill, boosted by competitive wireless plans aimed at fending off its bigger rivals.

The third-largest U.S. wireless carrier by subscribers has been locked in a lengthy battle to close its merger with smaller carrier Sprint Corp . It faces a state attorneys general lawsuit, led by New York and California and set to go to trial on Dec. 9, that alleges the merger would be harmful to consumers.

Though Legere provided few details, he said in response to an analyst question that he expected the announcement would answer some of the questions from the states in the merger lawsuit. Bellevue, Washington-based T-Mobile said it expects pre-close merger-related costs to be $125 million to $150 million before taxes in the fourth quarter.

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