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Author Topic: T-Mobile adds 2.1 million subscribers in Q2 2015  (Read 553 times)
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« on: July 09, 2015, 09:00:20 pm »

T-Mobile adds 2.1 million subscribers in Q2 2015

<div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even" property="content:encoded"><p><a href='http://www.imore.com/t-mobile-adds-21-million-subscribers-q2-2015' title="T-Mobile adds 2.1 million subscribers in Q2 2015"><img src='http://www.imore.com/sites/imore.com/files/styles/large_wm_brw/public/article_images/2015/01/T-Mobile-Signage-01.jpg?itok=XtWeDyWI' />[/url]</p> <p>T-Mobile has released a preliminary report, boasting 2.1 million total net customer additions for Q2 2015. This up 41% year-over-year and is 300,000 more subscribers than what the US mobile network achieved last quarter. This marks the 9th consecutive quarter T-Mobile has experienced growth with over a million net customer additions.</p> <!--break--> <p>More than 1 million branded postpaid net customers were added, up 11% year-over-year, maintaining considerable growth for the 4th consecutive quarter. Branded postpaid phone customer counters were also on the up, hitting 760,000 for Q2. Prepaid is where all the action is, however. T-Mobile achieved 178,000 prepaid net customer additions, up 75% year-over-year.</p> <p>The company shared a postpaid churn rate of just 1.3%. The Un-Carrier moves are certainly causing an effect, combined with CEO John Legere's approach to customer interaction. T-Mobile expects to release its financial results for Q2 2015 in full on July 30.</p> <div class="pressrelease"> <h2>T-Mobile Adds 2.1 Million Customers in the Second Quarter 2015</h2> <p>BELLEVUE, Wash. - July 9 - T-Mobile US, Inc. (NYSE: TMUS) today provided a preliminary view of key customer results for the second quarter of 2015, once again demonstrating continued strong momentum and positive customer response to its Un-carrier moves. The Company generated 2.1 million total net customer additions, including over 1.0 million branded postpaid net customer additions. This marks the ninth consecutive quarter that T-Mobile has delivered over 1 million total net customer additions and the fourth consecutive quarter with over 1 million branded postpaid net customer additions.</p> <p>"T-Mobile's momentum continued in full force for the second quarter, with 2.1 million customers voting in favor of the Un-carrier," said John Legere, President and CEO of T-Mobile. "Now we are doubling down again with Un-carrier Amped! Once again making it absolutely clear that....We Won't Stop!"</p> <h3>Preliminary Second Quarter 2015 Customer Results</h3> <p>In the second quarter of 2015, T-Mobile added 2.1 million customers, bringing its total customer base to 58.9 million across postpaid, prepaid and wholesale. Total net customer additions were up 41% year-over-year and 14% sequentially.</p> <p>T-Mobile reported continued strength in its branded postpaid customer segment in the second quarter of 2015. Total branded postpaid net customer additions were more than 1.0 million, up 11% compared to the prior year. Branded postpaid phone net customer additions were 760,000, up 31% compared to the prior year. Branded postpaid mobile broadband net customer additions were 248,000, down compared to last year, but up 85% sequentially.</p> <p>"T-Mobile continues to win with the industry's most valuable customer segment - postpaid phone customers," continued Legere. "We attract phone customers with signature moves that resonate and with the nation's fastest 4G LTE network."</p> <p>Branded prepaid net customer additions were 178,000 in the second quarter of 2015, which represents an improvement of 144% sequentially and 75% year-over-year. Branded prepaid to branded postpaid migrations of approximately 175,000 were down sequentially.</p> <p>Wholesale net customer additions in the second quarter of 2015 were 886,000, up 93% year-over-year and 43% sequentially.</p> <p>Branded postpaid phone churn of 1.3% in the second quarter of 2015 was down 16 basis points year-over-year, essentially flat from the record-low in the first quarter of 2015. The year-over-year decrease in churn reflects ongoing improvements in T-Mobile's network as well as the increased customer value provided through Un-carrier innovations.</p> <p>T-Mobile expects to report full financial results for the second quarter of 2015 on July 30, 2015.</p> </div> </div></div></div><br clear='all'/>

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