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Wireless

MetroPCS improves EBITDA, adds 108,700 new customers in Q1

Thursday 25 April 2013 | 08:53 CET | News
MetroPCS reported first-quarter revenues of USD 1.3 billion, up 1 percent from a year earlier as strong sales of LTE devices helped offset a 5 percent drop in service revenues. Adjusted EBITDA improved 11 percent to USD 291 million, and the margin rose 380 basis points from a year earlier to 26.4 percent. Net income fell 8 percent to USD 18 million or USD 0.05 per share, hurt by extra costs for the planned merger with T-Mobile USA. The mobile operator added a net 108,700 new customers in the quarter, for a total 8.995 million at the end of March. LTE customers grew by 1.2 million in the three

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Categories: Mobile & Wireless
Companies: MetroPCS / T-Mobile USA
Countries: United States
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