T-Mobile continues red hot, adds 1.65 million subscribers in fourth quarter
T-Mobile added 869,000 postpaid customers in the quarter, up from the 648,000 reported in the third quarter and a vast improvement from the 515,000 customers it lost in that category a year earlier. There are now 46.7 million subscribers using T-Mobile. 800,000 of the postpaid additions were for customers using a phone, while the remaining 69,000 were mostly tablet users. T-Mobile recently started a new plan that gives those with a tablet 200MB of free data a month.
For the entire year, the carrier added 2 million new subscribers, above estimates of between 1.6 million and 1.8 million. Fourth quarter postpaid churn was 1.7%, down from the 2.5% reported the previous year. Prepaid churn rose to 5.1% from 5% sequentially and 4.9% year-over-year.