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MetroPCS Posts Loss of 89,000 Customers in Q4 2012
Published on:
USA based MetroPCS has announced that it lost around 93,000 customers during the fourth-quarter of last year. The company ended 2012 with approximately 8.9 million subscribers.
The company is currently in the process of a merger with T-Mobile USA.
In the fourth quarter, MetroPCS reported gross additions of 866 thousand subscribers, which represented a 29% decrease over the fourth quarter of 2011.
The Company surpassed 2.2 million LTE subscribers, an increase of 117% from the third quarter of 2012. Churn for the fourth quarter of 2012 was 3.6% compared to 3.7% in the fourth quarter of 2011 and down from 3.7% in the third quarter of 2012. The decrease in churn was primarily driven by normal seasonal effects related to traditional retail selling periods, continued investments in the network and lower year-to-date subscriber growth.
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