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05-01-2014, 06:21 PM
T-Mobile Takes Big Loss, But Subscriber Growth Impresses
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T-Mobile's dreams of changing the wireless industry don't come cheap.
The telecom company posted a $151 million first-quarter loss despite adding a net 2.4 million customers — its best quarter ever in terms of subscriber growth.
See also: Our Addiction to Phone Subsidies Keeps the Wireless Industry Broken (http://mashable.com/2014/01/25/phone-subsidies-wireless/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss)
T-Mobile's efforts to acquire new customers have proven expensive, particularly its willingness to cover the fees for new subscribers that break contracts with other companies. The investment has paid off, with T-Mobile's subscriber growth outpacing rivals AT&T and Verizon combined.
The new subscribers helped revenue jump 19%, which excludes the income from the recently acquired prepaid business MetroPCS. Overall, T-Mobile **w claims 49.1 million U.S. subscribers Read more... (http://mashable.com/2014/05/01/t-mobile-subscriber-growth/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss)
More about Sprint (http://mashable.com/category/sprint/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss), Wireless (http://mashable.com/category/wireless/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss), T Mobile (http://mashable.com/category/t-mobile/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss), Tech (http://mashable.com/tech/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss), and Mobile (http://mashable.com/mobile/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss)http://feeds.feedburner.com/~r/Mashable/~4/98F8PA-Ph_I
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T-Mobile's dreams of changing the wireless industry don't come cheap.
The telecom company posted a $151 million first-quarter loss despite adding a net 2.4 million customers — its best quarter ever in terms of subscriber growth.
See also: Our Addiction to Phone Subsidies Keeps the Wireless Industry Broken (http://mashable.com/2014/01/25/phone-subsidies-wireless/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss)
T-Mobile's efforts to acquire new customers have proven expensive, particularly its willingness to cover the fees for new subscribers that break contracts with other companies. The investment has paid off, with T-Mobile's subscriber growth outpacing rivals AT&T and Verizon combined.
The new subscribers helped revenue jump 19%, which excludes the income from the recently acquired prepaid business MetroPCS. Overall, T-Mobile **w claims 49.1 million U.S. subscribers Read more... (http://mashable.com/2014/05/01/t-mobile-subscriber-growth/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss)
More about Sprint (http://mashable.com/category/sprint/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss), Wireless (http://mashable.com/category/wireless/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss), T Mobile (http://mashable.com/category/t-mobile/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss), Tech (http://mashable.com/tech/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss), and Mobile (http://mashable.com/mobile/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss)http://feeds.feedburner.com/~r/Mashable/~4/98F8PA-Ph_I