By George Glover

T-Mobile US stock was falling on Wednesday after the wireless carrier reported weaker-than-expected earnings, as fewer customers than expected signed up for its plans over the fourth quarter.

Shares dropped 3.6% to $192.30 ahead of the opening bell. Futures tracking the S&P 500 were 0.1% higher ahead of delayed January jobs data.

The selloff came after T-Mobile reported fourth-quarter earnings of $1.88 a share, as revenue climbed 11% from a year ago to $24.33 billion. Analysts were expecting earnings of $2.05 a share on revenue of $24.18 billion, according to a FactSet poll.

T-Mobile said severance and costs related to a workforce transformation and reinvestment initiative had hit its earnings for the quarter by 26 cents a share.

The company added 962,000 net phone postpaid subscribers over the period, a touch below the 981,300 net additions the Street was expecting.

For the current year, T-Mobile guided for adjusted earnings before interest, taxes, depreciation, and amortization, or Ebitda, of $37 billion to $37.5 billion. At the midpoint, that's higher than the $37.09 billion analysts had forecast.

T-Mobile also unveiled a new artificial-intelligence initiative on Wednesday. The company said it was integrating an agentic AI platform into its wireless network that would enable live translation for users having conversations on its 5G network.

The stock has dropped 22% over the past year, slumping as investors fret that the price war between T-Mobile and its rivals AT&T and Verizon Communications will weigh on the company's bottom line.

Write to George Glover at george.glover@dowjones.com

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February 11, 2026 08:20 ET (13:20 GMT)

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