T-Mobile US forecasts return to EBITDA growth in 2014

Tuesday 25 February 2014 | 13:38 CET | News
T-Mobile US reported a strong increase in customer numbers and smartphone sales for the fourth quarter, but underlying service revenues were still lower year-on-year due to its challenger pricing strategy. The mobile operator added a net 1.6 million new customers in the three months and 4.4 million over the full year 2013, taking its base to 46.7 million at year-end. Quarterly service revenues, pro forma for its takeover of MetroPCS, were down 1.1 percent from a year ago to USD 5.17 billion, but the annual dropped improved from a 4.6 percent fall in Q3. Adjusted EBITDA declined to USD 1.24

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