Thursday, January 7, 2016

T-Mobile Soars in 2015

Anytime reality beats upbeat expectations, things are better.  And so it was yesterday as T-Mobile reported that it had added even more postpaid subscribers in 2015  — 4.5 million by December 31 – than the 3.8-4.2 million the self-described un-carrier had predicted earlier. The No. 3 carrier enjoyed a gain of 8.3 million new customers over the full year.

“In 2015 we AGAIN saw 8.3 million customers come to T-Mobile, and 2.1 million in Q4 – marking 11 consecutive quarters of over 1 million net adds and 3 quarters in a row with more than 2 million total nets for the Un-carrier,” said John Legere, president and CEO of T-Mobile. “That means we added 23,000 customers per day, EVERY DAY for the last two years, so trust me when I say we have NO plans to stop disrupting the status quo in wireless!”  
T-Mobile said phone churn was 1.46% in the fourth quarter, down 27 basis points year-over-year, “marking the best churn improvement of the year.” Sequentially, churn was stable instead of the typical seasonal increase. Continue Reading

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