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I don’t think that number is correct. T-Mobile’s net income in 2021 was $3.024 billion. I think you might be confusing the first number on the page (postpaid revenue of $42.562 billion) for profit.

See page 45 of https://s29.q4cdn.com/310188824/files/doc_financials/2021/ar...

You point still stands, the $60 million fine is 2% of their net income.

You're right thanks!

What, is that really profit and not revenue?

Anyway, add the sum to calculated risk to do profits by reducing effort to do or use quality software and systems.

It is indeed profit. They have a ~50% profit margin.

Their 2023 annual report does report an “adjusted EBITDA margin” of 47% for 2023. But their net income margin is 13%. They are borrowing money to upgrade their network for each new technology, so I think it’s fair to include depreciation and interest when measuring the profitability of their business.

It is indeed not

Cost of doing business. I wonder if it’s tax-deductible.

$43bn profit lol! Come on

Indeed. Misread the doc, and I’d had two beers when I posted. Unfortunately I can’t edit it now.