T-Mobile's second quarter earnings indicate that the company continues to lead the industry in wireless subscriber additions, and continues to lure valuable postpaid subscribers from AT&T, Verizon and Sprint. According to T-Mobile, the company added an industry-leading 1.9 million subscribers last quarter, 890,000 of which were highly-valued branded postpaid net adds. 646,000 of those were branded postpaid phone net adds, T-Mobile noting it has lead the industry in adding these subscribers for ten consecutive quarters.

But T-Mobile also lead the industry with 476,000 prepaid net additions last quarter, compared to 462,000 net additions for AT&T (thanks in large part to Cricket), a 30,000 prepaid subscriber net loss for Verizon, and a 331,000 net loss for Sprint.

"We outperformed the competition again on every key metric, while delivering the best postpaid phone churn numbers in our history!" crowed T-Mobile CEO John Legere. "Quarter after quarter this team continues to deliver results that are the best in the business despite the competition's best efforts to compete."

Thanks in part to network upgrades, T-Mobile's Net income dropped to $225 million, down from $479 million in the first quarter of 2016 and down from $361 million in the second quarter of 2015. Still, T-Mobile's promotions, Binge On effort, and recent "T-Mobile Tuesdays" promotion all appear to be working to continue the uncarrer's efforts to disrupt incumbent providers, these new subscribers contributing to a 12% year-over-year bump in service revenues.