T-Mobile USA loses 318,000 postpaid customers in Q4

Friday 25 February 2011 | 10:43 CET | News
T-Mobile USA lost another 38,000 customers in the fourth quarter, to finish the year at a total 33.73 million, down from 33.79 million in 2009. The mobile operator increased quarterly service revenues by 0.9 percent year-on-year to USD 4.69 billion, thanks to growing demand for data services and insurance sales. OIBDA was still down to USD 1.34 billion from USD 1.38 billion a year ago, and net profit dropped to USD 268 million from USD 306 million. T-Mobile said it was struggling particularly in the postpaid market, where a change in credit standards and tough competition led to the loss of

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