T-Mobile US Inc. TMUS -1.78% added customers across its business in the latest quarter and raised its subscriber growth target for the year, showing how the company continues to boost revenue in a mature U.S. wireless market.

The results come days after the company struck a roughly $26 billion deal to buy fellow wireless phone operator Sprint Corp., a deal that, if completed, would reshape the U.S. wireless industry.

T-Mobile added 617,000 so-called postpaid phone subscribers, the company’s most profitable and reliable customers who pay for service on a monthly basis. That was below the 798,000 it added in the same quarter a year earlier but well ahead of competitors.

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AT&T Inc. lost 22,000 of those valuable customers in the March quarter, while Verizon Communications Inc. dropped 24,000 postpaid phone connections. Sprint is expected to report its quarterly results Wednesday.

“We are growing more than AT&T, Verizon, Sprint and Comcast together,” finance chief Braxton Carter said in a conference call Tuesday. “It’s a fact.”

Overall, the company added 1.2 million customers in the first quarter, excluding subscribers on other brands that ride atop T-Mobile’s network. The company ended the quarter with 59.9 million customers.

Overall, the company added 1.2 million customers in the first quarter, excluding subscribers on other brands that ride atop T-Mobile’s network. The company ended the quarter with 59.9 million customers.

Average revenue per branded postpaid phone user fell 1.8% to $46.66.

T-Mobile said Tuesday that it now expects to end the year with 2.6 million to 3.3 million more postpaid customers, compared with its earlier expectation of 2 million to 3 million net additions.

The postpaid phone churn rate came in at 1.07%, down from 1.18% for the comparable year-ago period.

In all, T-Mobile’s profit came in at $671 million, or 78 cents a share, compared with $698 million, or 80 cents a share, a year earlier.

Revenue rose 8.8% to $10.46 billion.

Shares rose 0.5% in post-market trading.

Write to Austen Hufford at austen.hufford@wsj.com and Drew FitzGerald at andrew.fitzgerald@wsj.com

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