MetroPCS’s net income rose in Q2 to $149 million, up...
MetroPCS’s net income rose in Q2 to $149 million, up 77 percent year-over-year. The rise in profits came as the carrier’s customer base dropped by a net 186,000 subscribers. At the same time last year, the pay-as-you-go carrier added 199,000…
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subscribers. The company attributed its rise in net income to a decision to cut its promotional costs. (http://xrl.us/bnia2k)