WarnerMedia revenue declined 4.4 %, reflecting a weaker movie slate than a year ago, soft advertisement sales, and lower licensing income. T-Mobile included 754,000 postpaid wireless phone customers throughout the 3rd quarter, likely equivalent to about half of the industry overall. Net postpaid phone client losses amounted to 91,000, Sprint’s 5th consecutive quarter of net losses as client defections stayed stubbornly high.
WarnerMedia income decreased 4.4 %, showing a weaker motion picture slate than a year earlier, soft advertisement sales, and lower licensing profits. Wireless client growth has steadily accelerated during 2019 following a weak start to the year. The cordless EBITDA margin dropped about 1 portion point versus a year ago to 46.8%, though Verizon claims the margin would have been flat missing accounting changes. T-Mobile added 754,000 postpaid wireless phone clients throughout the third quarter, most likely equivalent to about half of the market total. Net postpaid phone customer losses totaled 91,000, Sprint’s fifth consecutive quarter of net losses as consumer defections stayed stubbornly high.