MetroPCS released 3G numbers, launched service in Michigan
Net income for the company dropped to $45 million in the quarter, down from the $53 million from a year prior. MetroPCS reported consolidated total revenues of $687 million, an increase of 23% over the third quarter of 2007. The carrier’s average revenue per user totaled $40.42, a drop of $2.35 in comparison to 3Q 2007. According to it, the small drop was largely based on a result of customers moving to family plans, and the addition of once-separate features now being included in various plans.
Boston and New York will launch in 2009; MetroPCS hopes to have 40 million people covered by the end of 2010.
source: RCR Wireless