T-Mobile USA said it added a net 61,000 subscribers in...
T-Mobile USA said it added a net 61,000 subscribers in Q4, versus a net loss of 526,000 subscribers at the same time in 2011. The carrier’s earnings were reported as part of owner Deutsche Telekom’s quarterly earnings report. The gains…
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came because T-Mobile added a net 166,000 prepaid subscribers, while it lost a net 515,000 contract subscribers. The carrier said it had $4.9 billion total revenue -- the second consecutive quarter of sequential growth, but down 5.2 percent from the same period in 2011. The year-over-year decline was due mostly to a 14 percent drop in revenue from contract subscribers, T-Mobile said Thursday. The carrier said its “bring your own device” program has resulted in about 100,000 iPhone owners “making the switch to T-Mobile” each month, bringing the carrier’s total iPhone customers to more than 2 million. The carrier plans to begin selling the iPhone itself at some point this year. T-Mobile said it’s also preparing for its proposed merger with MetroPCS, and the deal is “on track” to close in the first half of the year, following a March 28 vote on the merger by MetroPCS shareholders. The merger “will substantially benefit the shareholders and customers of both companies by creating the leading wireless value carrier with expanded scale, spectrum and financial resources to compete across the entire U.S. market,” Deutsche Telekom CEO Rene Obermann said in a news release (http://bit.ly/13rmMnH).