Thursday, August 8, 2013

T-Mobile keeps improving with 1.1 million new customers, increased revenues

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T-Mobile has just released its financial results for Q2 and it looks like the new "Uncarrier" strategy is paying off. The fourth-place mobile operator scooped up 1.1 million net new customers, more than half of which signed up for T-Mobile's own postpaid phone service. T-Mobile says it’s the strongest growth it’s had in four years, representing a big turnaround from its net customer loss of 205,000 a year ago.


Naturally, revenue is up as well — 27.5 percent year-over-year, primarily thanks to the addition of MetroPCS, T-Mobile says. And as you might guess from its marketing, average revenue per user (ARPU) for T-Mobile’s own branded postpaid service is down, sinking 6.5 percent year-over-year to $53.60. That’s what happens...


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via The Verge - All Posts http://www.theverge.com/2013/8/8/4600974/t-mobile-q2-2013-earnings-million-new-customers-revenue-up

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