T-Mobile releases 2013 financial report – 4.4 million new subscribers, $26.1 billion revenue

T-Mobile today released its annual report for 2013. Apart from disclosing financial results, the fourth largest mobile carrier in the US also released information about its overall customer base. Some 4.4 million new subscribers came to T-Mo last year. It seems that the company's Un-carrier strategy, which rolled out back in March 2013, proved to be successful, as 2.4 million of the new customers migrated from another carrier. 

T-Mobile also revealed that it has earned a total revenue of $26.1 billion in 2013 as a whole, a 5.3% increase in comparison with 2012. T-Mobile's report also states that the company has earned as much as $5.3 billion in adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization), a 16.9% decline compared with 2012. T-Mobile's operating margin, which measures the profitability of a given company, declined from 29% in 2012 to 26% in 2013, as it was "reflecting the very significant customer growth the company experienced in 2013". The modernization of the carrier's network also led to an overall expense growth by 13.2% to $4.2 billion.

T-Mo's annual report also states that the company had roughly 46.7 million subscribers in the end of 2013, 938,000 of which were added during the last trimester of the year. Additionally, the company's revenue in Q4 2012 grew by 39.1%, mostly due to to inclusion of MetroPCS' financial results.

Apparently, T-Mobile sold 6.2 million smartphones in the last quarter of 2013 alone, a whopping 91% of all smartphones it sold last year.

It was also revealed that T-Mobile will purchase "certain 700MHz A-Block spectrum licenses" from Verizon for $2.4 billion. Thanks to this, more than 158 million people will benefit from improved low-band spectrum, the carrier states. The acquisiton is expected to conclude by the end of Q2 2014.

source: T-Mobile

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6 Comments

1. youlookfoolish

Posts: 193; Member since: Dec 14, 2012

T-Mobile lost $20 million last quarter. I'm sorry, this site is becoming way too slanted. Other blogs report more balanced and accurate numbers. T-Mobile is not a profitable company but this click bait style of writing will get fanboys thumping their chest. I stopped reading BGR because of iPhone bias and I'm getting closer to dropping Phone Arena because of how it portrays T-Mobile. Engadget and Android Central only perhaps.

3. DAMONORIBELLO

Posts: 109; Member since: Mar 18, 2012

I also stopped reading BGR. I told them I wasn't coming back and I haven't been there since. It's funny how these sites sway back and forth. I almost want to create my own site so I can get paid big bucks just to report BS. Imagine being paid well for lying. That would be pretty awesome.

4. PeterK.

Posts: 314; Member since: Nov 13, 2013

The information in this article is taken directly from T-Mobile's report. You can check the information by simply clicking the source link. Whatever T-Mobile posted, we reported.

5. youlookfoolish

Posts: 193; Member since: Dec 14, 2012

So let me get this straight. Other sites have gone as far as posting the fact that T-Mobile ended up losing money in the title of their earning reports article suggest they have access to a different report? Effectively every site but this site mentioned the $20 million loss for T-Mobile. In addition, the Sprint version of this article mentioned Sprint having an operating loss. Not feeling your comment.

6. g2a5b0e unregistered

Yet this guy claims he's not troll. What a joke. It takes money to make money & T-Mobile is in the middle of some serious network upgrades. It's no surprise that they lost money in the fourth quarter. They went from 0 LTE markets in January to over 250 in December. That pace is much faster than even Verizon rolled out their LTE network. Apparently you think that type of work is free.

2. Kishin

Posts: 706; Member since: May 30, 2013

T-mobile needs to be 100% T-mobile..

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