T-Mobile bleeds nearly half a million post-paid subscribers, profits drop
The average revenue per user (ARPU) consequently fell to $42.78, down 7.4% on the year. If you still doubt that T-Mobile is the most affordable carrier this is the number to look at. In stark contrast, the average customer pays around $20 more each month on AT&T and Sprint.
Overall, T-Mobile’s profit stood at $1.2 billion, down 15.2% consecutively. That number, of course, is before depreciation and the $8.1 billion the carrier will spend on acquiring Metro PCS in one of the biggest mergers in the industry.
T-Mobile is hopeful, though, that its $4 billion investment in 4G will pay out in the future and the launch of T-Mo LTE is still on track for 2013.