Thursday, April 4, 2013

T-Mobile USA Sees Growth Return in Q1

T-Mobile USA added 579,000 in the quarter to 34 million.  This compares to a net loss of 349,000 branded customers in the fourth quarter of 2012.

"These results display positive momentum and the first positive branded growth in four years," said John Legere, President & CEO of T-Mobile USA. “We have made material progress in stabilizing our branded business in Q1, which provides a solid foundation to build on with the new Un-carrier customer offers we launched last week across America.

Some other highlights:

  • Branded net customer additions were positive in the quarter, a significant improvement of 352,000 sequentially.
  • Branded postpaid net customer losses improved to a loss of 199,000, a 61% improvement from a fourth quarter 2012 loss of 515,000.
  • Branded postpaid churn declined to 1.9%, an improvement of 60 basis points sequentially and the best branded postpaid churn results in four years.

See also