T-Mobile reaps the benefits of the Un-carrier program, earnings shoot up
posted by Paul.K / Jul 31, 2014, 8:46 AM
It seems all of these strides are paying off, as T-Mo's Q2 2014 earnings report is impressive, to say the least. With more than a million new postpaid subscribers, 579,000 of which are phone contracts, the carrier finished the quarter with more than 50 million subscribers and $1.4 billion in earnings, which is a steady 14.7% incease over last year's Q2.
source: T-Mobile via Endgadget
Posts: 239; Member since: Jun 28, 2014
Wish they had service in central Wisconsin.
posted on Jul 31, 2014, 8:57 AM 0
Posts: 1918; Member since: Dec 07, 2011
If they keep it up then it would be wise for them to increase their coverage to pull people away from the larger carriers. Of course with increased coverage comes increased maintenance costs which may mean higher prices down the line. Still, I wouldn't hesitate to switch to them when they do expand.
posted on Jul 31, 2014, 3:59 PM 0
Posts: 10457; Member since: May 14, 2012
Everything I've been saying about T-Mobile has been coming true. They continue to keep growing and will eventually pass Sprint in subscriber base. :)
posted on Jul 31, 2014, 9:13 AM 5
Posts: 169; Member since: Jul 25, 2013
I can't wait to see T-Mobile surpass Sprint it will be great!
posted on Jul 31, 2014, 10:27 AM 2
Posts: 11; Member since: May 15, 2014
I am a little nervous about the projected deal with Sprint.
posted on Jul 31, 2014, 9:15 AM 0
Posts: 601; Member since: Jan 11, 2010
I believe tmobile will be the new vzw in 5 years minus the bs
posted on Jul 31, 2014, 9:24 AM 3
Posts: 111; Member since: Jan 02, 2012
whoa now!! im glad for t-mobiles growth, but they have WAAY more than 5 years to catch verizon, and AT&T for that matter, they are still gaining a lot of subscribers, even AT&T added more post paid cell phones than T-Mobile..lets say if it happened it will take a lot more than 5 years
posted on Jul 31, 2014, 11:31 AM 0
Posts: 1515; Member since: Jun 03, 2010
Earned? If a person earns $100,000 a year, it doesn't mean that person has all that money to play with. What about expenditures? These companies are great in skewing numbers for a positive view. According to my paycheck, I earned $------- last quarter. I would love to have kept all that money. Unfortunately I have car payments, two mortagaes, grocery bills, utility payments, etc. John B.
posted on Jul 31, 2014, 9:32 AM 0
Posts: 537; Member since: Feb 17, 2014
Don't be a moron, John fricking B. Look at their financial report if you have reservations. That 1.4 billion is in real earnings. Their total Revenue was $7.1 billion and they spent $940 million on network modernization and expansion. Their revenue grew 35% from Q1 2013. From last quarter, their profits grew almost 45%.http://investor.t-mobile.com/Cache/1001189348.PD
posted on Jul 31, 2014, 10:06 AM 4
Posts: 1043; Member since: Sep 28, 2013
Meanwhile, yesterday Sprint reported financial and customer losses...
posted on Jul 31, 2014, 10:13 AM 0
Posts: 67; Member since: May 30, 2014
Very conflicted on the possible Sprint/T-Mobile merger. If it doesn't go through, on the one hand T-Mobile gets a few more billion $ and increased spectrum to expand their network and they may very well be a true contender (though this reports suggest they are becoming that anyway on their own...). Sprint may die off if the deal does not go through, though they did have their "biggest earnings in 7 years." On the other hand, if it does go through Sprint could possibly jack things up for T-Mobile customers? Maybe not, who knows. They would certainly be a contender against VZ and AT&T if they merge... I just hate Sprint so much, it was like a dream come true leaving them. I like what T-Mobile is doing and hope they continue.
posted on Jul 31, 2014, 10:29 AM 0
Posts: 111; Member since: Jan 02, 2012
you have a point, but i guess im more of the glass is half full on that merger, dont look at sprint, they dont own sprint no more, you have to look at soft bank, they started a price war in japan and promise to do so here in the states, i think the merger will be great, and it was already said ledger would become the CEO of the acquisition, im sure his pay checks will be a lot more also
posted on Jul 31, 2014, 11:34 AM 0
Posts: 86; Member since: Feb 13, 2014
That's an interesting point. Everyone keeps talking about what T-Mo will do.The question should also be, what will happen to Sprint if this merger falls through? Will they just keep puttering along hemorrhaging customers and market share. Or will Softbank determine that it's just not worth the money propping up Sprint and just cut their losses and sell them? I would think Sprint's spectrum holdings would fetch a pretty penny on the open market.
posted on Jul 31, 2014, 1:22 PM 0
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