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.)
"And boy have we patented it!" -- Steve Jobs, Macworld 2007
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
Retiree Sues Apple For $7,500 for Wiping Honeymoon Photos From His iPhone
November 30, 2015, 10:23 AM
iPhone 7 May Pack 3-4 GB Memory, More Storage; 4-Inch Comeback is Rumored
November 20, 2015, 10:12 PM
OnePlus One, OnePlus 2 Will Receive Android Marshmallow in Q1 2016
November 16, 2015, 9:58 AM
Lenovo Whoa: Motorola Droid MAXX 2 and Turbo 2 Break Cover in Leaks
October 26, 2015, 3:12 PM
Leak: Apple Preps for First Real Android App Foray With New Apple Music App
October 24, 2015, 1:59 PM
Pepsi Smartphone? Empty Calories Coming Soon to the Midrange
October 12, 2015, 11:41 PM
Latest Blog Posts
Sceptre Airs 27", 120 Hz. 1080p Monitor/HDTV w/ 5 ms Response Time for $220
Dec 3, 2014, 10:32 PM
Costco Gives Employees Thanksgiving Off; Wal-Mart Leads "Black Thursday" Charge
Oct 29, 2014, 9:57 PM
"Bear Selfies" Fad Could Turn Deadly, Warn Nevada Wildlife Officials
Oct 28, 2014, 12:00 PM
The Surface Mini That Was Never Released Gets "Hands On" Treatment
Sep 26, 2014, 8:22 AM
ISIS Imposes Ban on Teaching Evolution in Iraq
Sep 17, 2014, 5:22 PM
More Blog Posts
Copyright 2016 DailyTech LLC. -
Terms, Conditions & Privacy Information