T-Mobile Continues to Rack Up Customers
upstart writes in with an IRC submission for Bytram:
Who would have thought that providing good service at a reasonable price could be good for business?
T-Mobile continues to rack up customers:
As T-Mobile waits to hear whether it'll be able to consummate its marriage with Sprint, the company is still racking up new customers. T-Mobile also beat analysts' expectations for revenue and profit when it reported quarterly earnings Thursday.
The third-largest U.S. wireless carrier by subscribers said it added 1 million new postpaid customers, or customers who pay their bills at the end of the month. Such customers are considered valuable in the wireless industry. The figure was in line with estimates from research firm FactSet.
[...] T-Mobile's strong growth is in stark contrast to that of Sprint, which has been limping along, losing customers and generating less revenue than analysts had expected. During the fourth quarter, Sprint reported it had [lost] 115,000 postpaid phone subscribers.
T-Mobile's subscriber growth in the fourth quarter is also outpacing that of rivals AT&T and Verizon. Last week, AT&T said it had added 229,000 postpaid mobile phone subscribers during the fourth quarter. Verizon added 790,000 new postpaid phone subscribers in the fourth quarter.
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