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
Best prepaid plans
11/9/2012 9:20:03 AM
T-Mobile has the best prepaid plans. I suspect AT&T and Verizon make their prepaid plans unattractive so as to push customers to post-paid plans.
Plus, as someone already noted, dealing with T-Mobile is easy. It takes all of five minutes to get a phone AND a number. By comparison, it took my daughter an hour at AT&T to simply upgrade to the Galaxy III (from her broken iPhone 4.)
"Let's face it, we're not changing the world. We're building a product that helps people buy more crap - and watch porn." -- Seagate CEO Bill Watkins
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
New Qi Version 1.2 Allows Wireless Charging From 2 Inches Away
July 31, 2014, 3:53 PM
HTC J Butterfly Announced by Japan's KDDI, Packs LTE-A Carrier Aggregation
July 31, 2014, 2:34 PM
T-Mobile Subscriber Numbers Surpass 50 Million, Sees Q2 Profit of $391M
July 31, 2014, 12:24 PM
Verizon Wireless Launches 5.7", 960x540 LG G Vista Smartphone for $400 Off Contract
July 31, 2014, 11:02 AM
Mini-Me: Xperia Z3's Petite Companion, Xperia Z3 Mini Leaks
July 31, 2014, 9:40 AM
Samsung Reports Lower Smartphone Sales, Operating Profit Falls 25% YoY
July 31, 2014, 8:55 AM
Most Popular Articles
Facebook Will Force Android, iOS Users to Use Messenger App This Week
July 29, 2014, 11:26 AM
Sony's Xperia Z3 Gets Detailed in Leaked Photos
July 25, 2014, 2:30 PM
Ford's Extensive Use of Aluminum in '15 F-150 Results in $395 Increase for Base Models
July 28, 2014, 3:02 PM
Pentagon's Priciest Project, F-35, Misses International Debut
July 25, 2014, 10:18 AM
T-Mobile CEO John Legere is on the Warpath Again; Introduces $100, 10GB Family Plan
July 28, 2014, 10:12 AM
Latest Blog Posts
Space Terrorism is a Looming Threat For the United States
Apr 23, 2014, 7:47 PM
Facebook Aims to Provide Internet to "Every Person in the World" with Drones, Satellites
Apr 1, 2014, 10:20 AM
Retail Mobile Sites Experience Outages in Light of Simplexity's Bankruptcy
Mar 14, 2014, 8:48 AM
Tesla vs. BMW: Who Has the Safer EV?
Feb 1, 2014, 2:56 PM
Justice Leaks Details of Next HTC One Two Flagship Phone
Dec 5, 2013, 4:04 PM
More Blog Posts
Copyright 2014 DailyTech LLC. -
Terms, Conditions & Privacy Information