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T-Mobile Q4 2012 revenue drops 5.2 percent to $4.9 billion, customers and income also fall

2013-02-28 14:51:00 HotNews 47人瀏覽

Is it a good thing that T-Mobile's in the crosshairs of a MetroPCS merger? It might be, as the company again shed revenue, customers and profit in Q4 2012. Total revenue dropped during the quarter to $4.9 billion from $5.2 billion last year, while income was down a whopping 25.1 percent to $1.05 billion. Meanwhile the company lost 515,000 branded contract customers compared to 492,000 last quarter, representing a 'churn' rate of 2.5 percent in that category, a slight improvement over last year. All that culminated in a rather miserable year for the carrier, which earned $424 million less than in 2011 ($4.9 billion), while showing a total loss of $6.4 billion thanks to depreciation and impairment charges. Meanwhile, parent Deutsche Telecom said recently that MetroPCS would merge with T-Mobile as early as April -- which sounds like it can't come soon enough.

Filed under: Cellphones, Wireless, Mobile, T-Mobile


Source: T-Mobile