T-Mobile USA Q1 Finances Reveal Positive and Negative Results
T-Mobile USA
T-Mobile USA released its Q1 figures revealing some good and some bad results.
Following the extensive changes at T-Mobile USA, the carrier released its Q1 figures. The company has just launched its brand new UNcarrier model, merged with MetroPCS, and is now increasing its 4G LTE coverage. The financial results for the first quarter of the year show both bad and good figures.
The networks sold over half a million iPhone 5 mobile casino gambling units after their launch on April 12. The postpaid client base of the carrier has also grown by something around 3,000 subscribers, which doesn’t seem like a large figure, but it’s the first growth since 2009.
The number of clients who left the network fell to 1.9% – the lowest figure since 2008. All in all, T-Mobile has added 579,000 customers in Q1, but most of them came from MVNOs, and pre-paid models.
The negative results of the Q1, 2013, is the 7.5% revenue decreased compared to the same period last year. However, compared to the previous quarter, the revenues have grown by 12.4%. Net income has also decreased to $107 million, compared to $200 million in Q1, 2012.