Add to del.icio.us     Digg this

Aug. 10, 2007

Today, T-Mobile USA reported stable growth for its latest quarter, adding 857,000 new subscribers, totally 27 million customers.

Even though it grew slower than the top Tier 1 two carriers, its customer base still more than doubled those of the third largest U.S. carrier, Sprint Nextel.

T-Mobile also reported a lower contract churn rate than Sprint, at 1.8 percent, down from 2.2 percent the first quarter of 2007.

Average revenue per user also showed slower but steady growth, rising from $52 in 2006 to $53 for this current quarter.

Overall, T-Mobile USA posted revenues of $4.8 billion, up 13 percent from last year's $4.2 billion.

Robert Dotson, CEO and President of T-Mobile USA said in a company statement "in its latest quarter, T-Mobile continued to take bold steps to expand our user base and drive consumer-relevant innovation."

Dotson added "we continued to add high-quality customers. In the quarter, we also introduced HotSpot@Home, the first in a new line of breakthrough products and services that allow customers to make unlimited calls from home, while at the same time it helps provide the best in-home wireless coverage possible."

"With this introduction, the landline replacement revolution has begun in earnest," said Dotson.

Add to del.icio.us     Digg this

Source: Wireless Week