T-Mobile USA Reports Q3 2012 Operating Results
November 8, 2012 10:22 AM
comment(s) - last by
T-Mobile is still losing post-paid customers
T-Mobile USA has announced its Q3 2012 operating results and the company racked up total revenues of $4.9 billion during the quarter, which is a decrease of 6.4% year-over-year. Total service revenues for the year were $4.3 million, a decrease of 8.7% year-over-year. T-Mobile did increase prepaid revenues to $450 million, for a 38% increase year-over-year.
T-Mobile now has 365,000 branded prepaid customers and reduced its branded contract churn rate. That branded contract churn rate is now 2.3% and T-Mobile says that is an improvement of 30 basis points year-over-year.
T-Mobile says that the rated branded net contract customer losses in Q3 improved slightly sequentially to 492,000 compared to 557,000 in Q2. However branded net contract customer losses did increase year-over-year compared to 389,000 customers lost in Q3 of 2011.
T-Mobile blames that loss on the
, which is available on AT&T, Verizon, and Sprint.
The $4 billion T-Mobile 4G network modernization plan is also underway. The mobile carrier launched its first HSPA+ networks on 1900 PCS spectrum in Q3 2012.
“We continue to make solid progress with our Challenger Strategy, as evidenced by our strong performance in prepaid services, the growing attractiveness of our Value and Unlimited plans, the execution of our network modernization program, and the expansion of our popular handset portfolio,” said John Legere, President and CEO of T-Mobile USA.
It was announced in early October that T-Mobile USA and MetroPCS would be
joining forces in the U.S. wireless market
. The proposed deal would result in the fourth largest U.S. carrier with just over 42 million customers.
This article is over a month old, voting and posting comments is disabled
Still the best deal
11/9/2012 8:29:07 AM
If you live where T-Mobile has coverage there isn't a better deal. I pay $87 a month for two phones, 2gb data at high speed and unlimited at 2G speeds, 1000 minutes, and unlimited messaging. Again, if they have poor service in your area that won’t do you any good.
"Death Is Very Likely The Single Best Invention Of Life" -- Steve Jobs
Deutsche Telecom to Partially Acquire, Merge MetroPCS w/ T-Mobile USA
October 3, 2012, 11:45 AM
Apple Announces 4", LTE Equipped iPhone 5; Pre-orders Begin Sept. 14
September 12, 2012, 1:00 PM
Google's Proposals for Search Antitrust Settlement Shot Down by European Commission
December 20, 2013, 8:52 PM
E-Cigarettes Included in NYC's Smoking Ban
December 20, 2013, 4:00 PM
BlackBerry Partners with Foxconn for BB10 Devices
December 20, 2013, 10:43 AM
3D Systems Acquires Xerox’s Solid Ink Teams in Oregon
December 18, 2013, 7:54 PM
While FCC Debates Allowing In-flight Voice Calls, Delta is Already Saying “Nope”
December 18, 2013, 12:11 PM
New Mac Pro Launches Tomorrow, Starts at $2,999
December 18, 2013, 10:56 AM
Most Popular Articles
Dogecoins and Its IBM Developer Ride Meme to $130M+ Fortune
December 18, 2013, 4:21 PM
China's Moon Rover Lands Safe and Sound, Starts Snapping Pics
December 16, 2013, 1:22 PM
Top Microsoft Graphics Genius Defects to Google
December 17, 2013, 4:27 PM
Harvard Undergrad Busted by Wi-Fi after Making Bomb Threat to Avoid Finals
December 18, 2013, 10:37 AM
NSA Debates Granting Snowden Amnesty if He Keeps His Mouth Shut
December 16, 2013, 1:17 PM
Latest Blog Posts
Justice Leaks Details of Next HTC One Two Flagship Phone
Dec 5, 2013, 4:04 PM
Global Cyber Espionage Concerns Reveal Growing Cyber Armies
Nov 29, 2013, 11:04 AM
Is The Period Becoming an Expression of Anger?
Nov 26, 2013, 2:02 PM
NSA and Congress -- You Will Never Kill the Constitution, It's an Idea
Nov 10, 2013, 2:00 PM
AT&T Explores $100B+ USD Deal to Acquire Vodafone's European Operations
Nov 4, 2013, 7:34 AM
More Blog Posts
Copyright 2013 DailyTech LLC. -
Terms, Conditions & Privacy Information