CEO discusses results, enthusiasm about AI

T-Mobile (TMUS) reported second-quarter results that beat Wall Street estimates on both the top and bottom lines. The telecom giant also added more monthly subscribers than expected.

T-Mobile CEO Mike Sievert tells Yahoo Finance executive editor Brian Sozzi that the company has delivered "fantastic performance on all fronts." Despite growing concerns about a consumer market decline, Sievert notes that phones are "essential," and while customers aren't upgrading their phones as often as they used to, he notes that the company's "bad debt ratio" was just 1.4% in the quarter, and says that "T-Mobile customers are better payers than AT&T or ...