T-Mobile quarterly report to show growing contract subscribers, despite the death of contracts
T-Mobile has been trying to remake its image with its new UNcarrier plans, which have simplified the pricing structure for service and supposedly killing off contracts. And, the switch may be working, because Bloomberg is saying that T-Mobile's upcoming quarterly report could show that the carrier has growing contract subscriber numbers.
As of the end of March, the carrier had about 20.1 million contract subscribers and 6 million pay-as-you-go users, and those close to the subject are saying that the numbers are on the rise, which would be a big change for T-Mobile. The carrier had been consistently losing subscribers since mid-2010.
The T-Mobile press event is just getting started, so we could hear more. But, if the news is true, this would put T-Mobile well ahead of plans, which didn't expect subscriber growth for another 6 months or so. The official quarterly report is planned for August 8th.