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T-Mobile USA Reverses Customer Loses

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USA based T Mobile has reported that it added 61,000 new customers in the fourth quarter of last year turning around the net loss of nearly half a million customers that the company suffered the year before.

Revenues however fell by 5.2% to USD4.9 billion.

Adjusted OIBDA of $1 billion decreased 25% year-on-year largely due to higher planned quarterly advertising expenses, promotional programs and retention efforts

T-Mobile also announced that it has completed upgrades in several new metro areas, and that its HSPA+ network currently serves 225 million people nationwide, with 142 million people covered by the service on 1900 MHz spectrum.

T-Mobile is also accelerating the launch of its LTE service and will now reach 100 million people with LTE by mid-2013 and more than 200 million people with LTE by the end of the year. LTE networks have been completed in Las Vegas and Kansas City.

Approximately 100,000 iPhone customers every month are making the switch to T-Mobile under the BYOD plans, bringing the total number of iPhone users currently on the T-Mobile network to more than 2 million.

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Tags: t-mobile usa  USA