T-Mobile’s Q2 profit was little changed year-over-year at $207 million. The U.S.’s fourth-largest...
T-Mobile’s Q2 profit was little changed year-over-year at $207 million. The U.S.’s fourth-largest wireless carrier, a part of Deutsche Telekom, lost a net 205,000 subscribers total in Q2. T-Mobile also lost 557,000 contract-based subscribers during the quarter, a loss that…
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was up from the 536,000 contract subscriber loss during the same period last year. Unlike Verizon Wireless, AT&T and Sprint Nextel, T-Mobile’s revenue from monthly fees on contract subscriptions fell year-over-year during the quarter, dropping 9 percent. “Looking ahead, T-Mobile USA will continue to invest in a number of key areas including the modernization of our network as we pave the way for LTE service in 2013, retail expansion, as well as an increased investment in promoting our brand,” T-Mobile Interim CEO Jim Alling said in a news release (http://xrl.us/bnj37n).