The following is excerpted from the question-and-answer section of the transcript.
(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)
Question: Amy Yong - Macquarie Research - Analyst
: Maybe 2 questions, if I could. First on service revenue, which grew nicely this quarter. How do we think about that trend going
forward? I think industry-wide, it seems like that number is decelerating throughout the year. And my second question is back on
the bundle. Can you talk about TVision Home and your eventual plans for it? I think the price points that came out were a little bit
high versus the comments that you just made.
Braxton Carter - EVP, CFO
On the service revenue, Amy, again, it's a testament to the fantastic momentum this business has from a growth standpoint. Be it
any seasonal quarter, be it an intensely competitive quarter, be it a quarter where certain people aren't quite as intense, we day in
and day out deliver significant growth in service revenue, which is one of the key foundational principles of the strategy that we're
driving. And that's in the context of the ARPU guidance that we've given, generally stable at plus or minus 1%. And that trend will
absolutely continue in all expectations. And you also have to remember that when you're looking as a percentage increase, we're
not comping periods where you had significant decreases. It's an ever-growing, ever-increasing amount of service revenue that we
continue to lead the industry in quarter after quarter for many, many years in revenue growth. That's one of the real differentiated
things about T-Mobile. And with the strategies that are being deployed with the growth adjacencies, T-Mobile for Business, we're
just hitting it on all cylinders and when you -- yes, that's before we get to the promise of 5G and IoT and the amazing things that are
going to come on that. So yes, our expectations are significant, sustained long-term service revenue growth.
John Legere - CEO
I was just intrigued by the part of the question that was about industry decline in revenue -- service revenue growth when the
industry outside of T-Mobile has been declining for 3 or 4 years, so they probably have 1 quarter of something positive. But there is
no other player that has sustained revenue growth outside of T-Mobile. Was there a second?
Michael Sievert - President & COO
Yes, you were asking about TVision. We're really happy to get this journey started last month, and we are now in 8 of the biggest
cities across the country, San Francisco, Philadelphia, New York, LA, Chicago, Dallas, et cetera, with a full cable replacement product.
It's sort of where we're starting the journey. And that's 275 channels of high-def cable and 4K content and on-demand content,
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