Aug 1 (Reuters) - T-Mobile US Inc on Wednesday added more wireless subscribers than Wall Street had expected, as the third-largest U.S. wireless carrier gained customers, helped by its lower prices.
T-Mobile, which is trying to buy smaller rival Sprint Corp for $26 billion, added 686,000 wireless customers during the second quarter, compared to 786,000 added in the previous year. Analysts had expected T-Mobile to add 467,000 subscribers, according to research firm FactSet.
Net income rose 35 percent to $782 million, or 92 cents per share, up from $581 million, or 67 cents per share, in the prior-year quarter.
Reporting by Sheila Dang