T-Mobile added 8.3 million net subscribers in 2014, 4.3 million postpaid
T-Mobile announced its fourth quarter and 2014 earnings today, and the numbers show that the innovative carrier is continuing to gain traction in the U.S. The carrier added 2.1 million net subscribers in the fourth quarter. For the year, 8.3 million net names were added to the operator's roll. T-Mobile added 1.3 million branded net postpaid subscribers (1 million from phones) in the last three months of the year. For all of 2014, that figure showed a gain of 4.3 million (4 million from phones). Amazingly, 80% of the industry's postpaid phone additions belonged to T-Mobile during the fourth quarter. Even more impressive, for the entire year almost 100% of the industry's postpaid phone additions belonged to T-Mobile.
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.
source: T-Mobile
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.
"2014 was the best year of growth in company history. Our Un-carrier moves helped us blow away the competition. The best is yet to come as the future looks bright in 2015."-John Legere, CEO, T-Mobile
source: T-Mobile
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