T-Mobile CEO Mike Sievert. Photo credit: T-Mobile

US telecoms giant T-Mobile has announced its financial results for the second quarter of this year, reporting revenues of $17.7 billion and net income of $110 million. During the quarter, T-Mobile notably added roughly 1.2 million customers to its network and finalized a merger with competitor Sprint to become an even bigger telecom provider. T-Mobile claims it’s now surpassed AT&T to become the second largest telecom provider in the US but such a claim seems controversial and not necessarily true. Altogether, T-Mobile reports having 98.3 million total customers in the US.

T-Mobile has been building out its 5G network in the US, now in more than 7,500 cities. Major locations where it’s set up 5G services include Los Angeles, New York City, Philadelphia, Chicago, Dallas, and Washington D.C. During the quarter, the company sold billions of dollars worth of additional bonds to finance its operations.