T-Mobile USA reports that the number of its customers using 3G smartphones tripled since Q2 2009

3comments
T-Mobile USA reports that the number of its customers using 3G smartphones tripled since Q2 2009
T-Mobile USA released its second quarter financials and the picture is not pretty in terms of customer churn. The carrier lost a total of 93 000 customers in the April-June period, compared to a 325 000 net gain in Q2 2009. Nevertheless, net income was only slightly lower than the same period last year, due mainly to lower network expenditures after the 2009 HSPA+ expansion, and revenue increase from equipment sales such as smartphones.

The number of T-Mobile USA customers using 3G capable smartphones increased threefold from 2009, and with 25% from as recent as the first quarter. This is still just 19% of the carrier's customers, so there is a significant room for growth, especially if some rumored handsets materialize.

An interesting take from the press release is that the cost of acquiring a customer increased from $270 on average in Q2 last year to $330 this year, due to higher carrier subsidies of the more expensive 3G smartphones. This loss was offset by the decreased network costs since the HSPA+ network already covers about 208 million people, so the cash cost for serving a customer remained constant through all periods - $23 a month.

source: T-Mobile

Try Noble Mobile for only $10

Get unlimited talk, text, & data on the T-Mobile 5G Network plus earn cash back for data you don’t use.
Buy at Noble Moblie
Google News Follow
Follow us on Google News

Recommended For You

COMMENTS (3)
FCC OKs Cingular\'s purchase of AT&T Wireless