Thursday, November 5, 2009

T-Mobile losses "even more" customers in Q3


Here at upnext wireless we love the underdog, so we are a little disappointed to have to tell you about the latest figures coming out of the T-Mobile camp. T-Mobile released their Q3 numbers today and suffered a net loss of 77,000 subscribers, with 140,000 customers packing up their number and shacking up with another carrier. Compare the loss with the 325,000 subscribers it gained in Q2 of this year or the 670,000 it gained in Q3 of last year, and, well ouch; it would appear as though T-Mo’s momentum might be slowing. The profits also shrunk a bit, in Q2 T-Mo posted a $425 million profit while in Q3 that number shrank to $417 million. So, will the new “Even More” plans, Android handsets, and new BlackBerry smartphones be enough to get T-Mobile back on track for Q4? Or will the comparatively meek holiday lineup make for a flat Q4? We’ll find out.

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