Preliminary Q3 results show T-Mobile taking 950K subscribers from its three major rivals

Preliminary Q3 results show T-Mobile taking 950K subscribers from its three major rivals
T-Mobile's third quarter ends at the end of this month. The nation's third largest carrier has done a pretty good job of playing musical chairs with its rivals' subscribers. So far during the quarter, T-Mobile says it has grabbed nearly 400,000 customers from AT&T, 300,000 from Sprint and 250,000 from Verizon. Not that this is unique; each of the four major carriers grabs business away from each other. It's just that with its innovative business plan and aggressive marketing, T-Mobile plays the game better than the others.

Add the number of new first time customers subscribing to T-Mobile, current subscribers adding new lines, and customers leaving other carriers besides the major three, and T-Mobile says it has added 753,000 net postpaid phone subscribers during the third quarter to date. It has also added 650,000 net prepaid phone subscribers for the quarter, which has a week and a half remaining.

T-Mobile CTO Neville Ray pointed out in the carrier's press release today, how the wireless operator has taken its 4G LTE coverage from 0 to nearly 312 million over just three years. That means that the carrier now  offers its 4G LTE signal to nearly the same number of Americans as Verizon does.


We should see T-Mobile announce its third quarter earnings sometime late next month.

source: T-Mobile

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19 Comments

1. Ultimodrew

Posts: 59; Member since: Aug 14, 2015

This company has come a long way in the last few years. I used to think T-Mobile was a joke of a carrier just 4 years ago.

3. bambamboogy02

Posts: 840; Member since: Jun 23, 2012

How many customer's did T-Mobile lose?

12. Acdc1a

Posts: 475; Member since: Jan 21, 2016

2009: T-Mobile had 33.8 million subs 2010: 33.7 (net loss 100,000) 2011: 33.2 (net loss 500,000) 2012: 33.4 (net gain 100,000) 2013: Including the integration of Metro PCS was 46.7 million Presently they have 67.4 which is a gain of 20.7 million subscribers over 3 years. They've lost no subscribers and their present churn rate is at a record low.

14. bambamboogy02

Posts: 840; Member since: Jun 23, 2012

Gross loss. Obviously people switch mobile companies. If they are gaining subscribers from other carriers, they will also be losing some as well. That's business. To better word my question: How many customer's did other carriers gain from one another?

16. Acdc1a

Posts: 475; Member since: Jan 21, 2016

Less than 1% or 670,000 will leave while 4 times that will come in. Clear enough?

17. bambamboogy02

Posts: 840; Member since: Jun 23, 2012

19. Acdc1a

Posts: 475; Member since: Jan 21, 2016

1.27% in the most recent quarter. You can't take 2010-2016 data and average it... especially since it was a different company for 2 of those years.

4. joevsyou

Posts: 1091; Member since: Feb 28, 2015

It was a joke 4 years ago until john came in and started to turn the company upright in 2012 which is 4 years ago. Best decision the shareholders ever made appointing him the ceo

6. libra89

Posts: 2299; Member since: Apr 15, 2016

I agree, coverage has improved nicely.

11. sgtdisturbed47

Posts: 969; Member since: Feb 02, 2012

Sort of. I now have T-Mobile coverage in my area but I only get 2 bars at best and the LTE service is slowe than Verizon's 3G. Not worth it where I'm at. I find it a joke that TMO thinks they've matched Verizon's coverage and speed.

13. benzb

Posts: 82; Member since: Jan 19, 2012

It's all relative. In your area, T-Mobile may be a joke. However, on a nationwide level, T-Mobile is kicking ass!

15. tedkord

Posts: 17417; Member since: Jun 17, 2009

Nothing is slower than Verizon's 3G. There are one or two places near me where I drop to Verizon 3G, and it's slower than the dialup I had a decade ago. My son has T-Mobile, and his LTE is fast, but his coverage isn't quite as good.

2. Unordinary unregistered

Verizon can kiss my hairy ass. Patiently and eagerly waiting for (good) coverage to hit where I am located to switch to TMo.

8. Ultimodrew

Posts: 59; Member since: Aug 14, 2015

I made the jump from Verizon back in 2014 and have been happy with that decision since. I noticed that on every Verizon phone I had, when it would hand off between 3G and LTE, it would take forever to finish it. Which would cause a massive battery drain on my phone. GSM and LTE do a much better job with this. Plus my current plan is ridiculous... 6 gigs of data (which I can never get through because of all the data saving Uncarrier initiatives. I am sitting pretty Data rich with my data stash), and can use my phone with no issues while on my yearly trip to Canada.

5. tonyv13

Posts: 121; Member since: Jun 07, 2015

Gotta love competition

7. monoke

Posts: 1175; Member since: Mar 14, 2015

Makes sense. If you're in a good coverage area, why pay more? Walmart pre-paid plan is cheap as it gets and works great for me.

9. Ultimodrew

Posts: 59; Member since: Aug 14, 2015

There is a article on Android Authority that says Comcast is looking to get into the wireless service game. Just think about that for a moment... Comcast... One of the most hated service providers, where people only put up with it, because they have a agreed upon Monopoly in certain areas with Time Warner, wants to possibly start selling cell phone service. They are either delusional or just have cash lying around they want to burn.

10. jeroome86

Posts: 2314; Member since: Apr 12, 2012

Keep up the good work. Verizon must go Bleep itself. Wished they took more from those crooked thieves.

18. bugsbunny00

Posts: 2266; Member since: Jun 07, 2013

Good job tmo, a few more years you'll be king uncarrier..

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