August 23, 2014

T-Mobile boasts 2.4 million new subscribers in its best quarter ever

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T-Mobile’s aggressive tactics and Un-carrier initiative is paying off…well, kinda. The second quarter figures are in for the fourth largest U.S. wireless provider and it shows T-Mobile as having gained nearly 2.5 million customers over the three-month period. It’s the best ever for Legere and Co. and would be welcome at any carrier. Growth comes from 1.8 million post-paid customers, 465,000 pre-paid subscribers; the same period last year saw them losing nearly 200,000 post-paid customers.

A year ago I promised that we would bring change to what I called this arrogant US wireless industry. We are delivering on that promise and our results reflect the growing customer revolution that we’ve ignited. – John Legere, CEO

It’s not all roses for T-Mobile just yet as they do report a loss of $151 million for the quarter, a near 180-degree turn from the $106 million profit earned in Q1 2013.

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