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Brad Ward
Guest
T-Mobile has some great news today with its third quarter results for 2015. In releasing its financial results, T-Mobile also added a whopping 2.3 million new customers this time around.
Finances were just as impressive, with revenue up by 7 percent from the same quarter last year. T-Mobile also recorded a net income of $138 million for this quarter, compared to a loss of $94 million during the same period last year.
As far as sales go, T-Mobile sold 8.9 million devices, 8.1 million of which were smartphones. From T-Mobile CEO John Legere:
“We’ve had 10 quarters in a row with over 1 million net new customers, 5 with over a million branded postpaid customers and a total of 2.3 million new customers this quarter alone, our momentum is strong and our incredible customer growth is translating directly into solid financial growth which makes it crystal clear that putting customers first is just good business.”
As you can see, these results are nothing close to giants’ results in the market like AT&T and Verizon. However, expect some good things from T-Mobile going forward, as the carrier is truly shaking up the business with competitive programs and pricing. T-Mobile has given consumers all the right reasons to jump ship and join the Un-carrier, but its coverage remains a problem for many.
The carrier has good coverage, but only in some markets. Not nearly as many as AT&T or even Verizon. T-Mobile realizes this, planning to take part in the upcoming FCC auction and the company even plans on rolling out Extended Range LTE in 350 markets or more by the end of the year.
source: T-Mobile
Come comment on this article: T-Mobile posts its third quarter earnings, adds 2.3 million customers in Q3 2015
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