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T-Mobile Sheds 492,000 Postpaid Customers In Q3

Thursday, November 8, 2012 12:30
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(Before It's News)


While we learned of Sprint’s new purchase yesterday, involving a large chunk of U.S. Cellular’s soon-to-be-Sprint midwest network, it is T-Mobile stealing headlines today. But it’s not exactly for the best reasons.

Like U.S. Cellular, T-Mobile’s 3rd quarter was rough. Even with the addition of ~160,000 new customers, T-Mobile’s postpaid customer base (the customers who make the carrier all the money) fell by roughly 492,000. Ouch!

Outside of the lowered customer draw (and revenue) T-Mobile reiterated that their HSPA+ refarming efforts (putting their HSPA+ on the better performing 1900 MHz band) are going well and they are still on track to begin deploying LTE next year.

For the sake of T-Mobile customers, we surely hope T-Mobile can do something to turn their fortunes around. They’ve long been one of the fairest, most consumer-friendly carriers whom also happened to offer some of the best prices on the market. Multiple quarters of bleeding customers (postpaid ones no less) won’t help anyone here. T-Mobile will get less money to improve their network and already too massive carriers such as Verizon and AT&T continue to get larger.

Source: T-Mobile (1, 2) | Via: The Verge



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