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T-Mobile loses more than half a million post-paid subscribers in Q2 2012

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T-Mobile loses more than half a million post-paid subscribers in Q2 2012
T-Mobile USA just posted its numbers for the second quarter of the year and while net income dropped only slightly by 2.4%, the carrier lost a hefty 205,000 subscribers. T-Mobile lost 557,000 subscribers on post-paid plans, a huge loss covered only partly with 227,000 new pre-paid additions.

That shift to more pre-paid customers meant that T-Mobile had less total average revenue per user (ARPU). The ARPU grew slightly when looked in isolation at pre-paid and post-padi, but when you combine the two numbers, the lower revenue from pre-paid users starts to weigh more as they increase and the total drops.

T-Mobile said it’s investing strategically in the development of a 4G LTE network to help change that negative momentum. Earlier, the carrier said it’d spend nearly $4 billion on deploying an LTE network, $1.4 of them in the next two years.

source: T-Mobile

+- Press Release

T-Mobile loses more than half a million post-paid subscribers in Q2 2012

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