T-Mobile added 8.3 million net subscribers in 2014, 4.3 million postpaid
By the end of the year, the carrier's 4G LTE signal covered 265 million Americans. The operator should hit the targeted 300 million mark by the end of the year. 121 markets are covered by T-Mobile's Wideband LTE service.
Smartphones accounted for 93% of all phones sold in the fourth quarter, and T-Mobile sold a company record 8 million smartphones during the period. Average Billings Per User hit a record $61.80 for the quarter, up 5.1% year-over-year. Average Revenue Per User was $48.26 in Q4, down 3.2% sequentially due to promotions like the "4 for $100" plan.
For the fourth quarter, T-Mobile said that revenue increased 19.4% year-over-year. For the year, revenue rose 13.1% over the prior year. Operating cash flow for the last quarter of the year hit $1.8 billion for a 41.3% year-over-year gain. For the entire year, operating cash flow rose 6% from 2013's total, to $5.6 billion.