T-Mobile has just posted its Q4 2012 operating results, with $4.9 billion in revenue, net customer additions of 61,000 and contract customer churn of 2.5-percent. Overall, it seems to have been a positive quarter for the carrier. Here are a few of the highlights:
- $4.9 billion in revenue for the quarter, down 5.2-percent year-over-year
- 61,000 net customer additions for the quarter, up from 512,000 lost in Q4 2011
- Net income of just $24 million, mostly due to high marketing and capital expenditures
- Branded contract churn of 2.5-percent, down 50 basis points y-o-y
- Branded prepaid revenue of $474 million, up 35-percent y-o-y
The results were again a bit of a mixed bag for T-Mobile as the nation's 4th place carrier pushes with its strategy to stop contract subsidies and launch an LTE network. Branded contract ARPU (Average Revenue Per User) fell 4.7-percent y-o-y to $55.47, mostly due to high adoption of Value Plans which have lower service revenues. T-Mobile claims a full 30-percent of its customers are now on subsidy-free Value Plans, up 1.6 million in the quarter.
Olivia Wilde
Megan Fox
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