T-Mobile reports revenues up 4%, earnings down 4% in the first quarter

T-Mobile reports revenues up 4%, earnings down 4% in the first quarter
T-Mobile, the nation's fourth largest cellular carrier, reported a drop of 4% year over year in first quarter operating income. At the same time, revenue increased 4% over the total from last year's first three months. The networker's President and CEO, Robert Dodson, blamed the economic softness in the U.S. for the results. Still, there were some bright spots in the report as revenue from data services increased 23% from last year.  While the company added a net total of 415,000 new subscribers in the period, that was lower than the 621,000 new accounts added during the 4th quarter of 2008 and down sharply from the 981,000 new customers added in the first quarter of last year. At the end of the first quarter this year, T-Mobile had 33.2 million customers, up from the 32.8 million the company had at the end of last year. 81% of the total number of customers are under contract to the carrier. In a sign that the weaker economy has people less likely to commit to two year offers, only 39% of T-Mobile's new customers came from those signing a contract compared to 75% during the same period last year.

source: T-Mobile

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7 Comments

1. vzw fanman

Posts: 1976; Member since: Dec 11, 2008

at least they're still taking in customers

2. Osukaru

Posts: 68; Member since: Jul 02, 2008

Agree, could be like sprint.......

3. Galen20K

Posts: 555; Member since: Dec 26, 2008

Things are looking up for T-Mobile, they're making a MAJOR effort now MOre than in Years and even if you don't like T-mobile you can't deny that things have been changing for them lately. I think they have a Very Interesting and Compelling Lineup of phones coming out this year and I don't think I've ever been more impressed by them than I have been this year. I guarantee that by next Quarter things will be looking different compared to this last quarter, More favorable I think.

4. YouLostTheGame

Posts: 441; Member since: Dec 11, 2008

Well so far the ONLY phone on their network that looks even remotely decent is their shot at the HTC Magic or G2 or whatever you want to call it. And as far as network goes, they're WAY behind in 3G coverage. I'm gonna hold you to that "guarantee" bro! ;)

5. Galen20K

Posts: 555; Member since: Dec 26, 2008

Excused me Mr You Lost the Game, you're forgetting the Touch PRo2 being Released FIRST for T-Mobile, the Huawei Android, the Sony Ericsson's coming out including the CS8 there are Lots of Phones that are Amazing coming out, and I didn't even HAVE HTC Magic in Mind you are just IGNORANT OBviously. They've spread their 3G service FASTEST from its Inception than either ATT or Verizon did back when they first introduced it and T-Mobile already has Plans for 4G LTE in Testing Phases, my 3G works at FULL bars Constantly where I am and the Only reason it took so long for their 3G to FIRST get Implemented is because Our Wonderful Government took its Sweet ass time evacuating the frequency Spectrum. Of course YOU"D know that since you Know Everything obviously, at least According to you. WHat I said IS STILL Guaranteed "bro" even if the Ill-Informed Moron's like you are Posting on here. ; D

7. idiotwind13

Posts: 80; Member since: Dec 29, 2008

Dude, why with all the capitalization? Proper nouns, titles, the first letter in a new sentence, these are the places we use capitalization. Granted the post is better than all caps, but still...

6. Astromanaught

Posts: 46; Member since: Mar 11, 2009

Is it just me or did the Title seem a bit confusing? also, I think now that T mobile bought out they're overly agressive (borderline crazy sales tactics) agent, i think they will have more of a positive look, although their network needs alot of work.

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