T-Mobile USA posts pedestrian Q1 report card

General

T-Mobile USA has just posted its first-quarter 2011 earnings report, and the results aren’t all that hot. While the nation’s fourth largest carrier did increase contract APRU to $52 — up $1 year-over-year — it posted a decline in virtually all other business vitals. T-Mobile posted 99,000 net customer losses — 471,000 contract net customer losses paired with 372,000 prepaid additions. T-Mobile’s 33.63 million customers generated $5.16 billion in revenue and $135 million in net income — down from $5.28 billion and $362 million respectively year-over-year. A link to the full report is after the break.

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26 Comments
  • http://twitter.com/n8d n8d

    AT&T is salivating at this.
    $5.16billion now = $10billion once AT&T get their hands on the subscribers.

  • Anonymous

    Ouch, net income cut by two-thirds? Not a good sign. I hope the AT&T merger isn’t successful so that T-Mobile can try and right the ship. I like the competition!

  • http://www.facebook.com/matt.mingkee Matt Tsui

    We will see the REAL damage caused by the merger in the following quarters.

    5-6 million (up to 12 million) customer loss each quarter is possible.

    • Blog Retards For Life

      HAHAHA 5 million per quarter huh? You is really bright.

  • http://twitter.com/Ether813_IX Ian Ximinies

    I just hope i am in a market that will get Divested when this merger finally happens…

  • Wut The Eff

    People already hate the idea of the merger and are jumping ship early.

    • http://pulse.yahoo.com/_G6BFJUYFA4GQQXAWTZTF3ASQPQ Tito

      Oh please, they were losing customers BEFORE the buyout proposal.

  • Johnny Wishbone

    This is more reason why the merger WILL get approved. T-Mobile losing way too much money and customers

  • Anonymous

    ARPU not APRU (sorry, but it was bugging me)

  • http://twitter.com/matokira Mato Kira

    This is what AT&T wanted: announce the worst take-over ever so that the customers leave
    en masse
    to avoid it. Now it looks like they need even more help. I plan to go down with the ship, and then switch to Sprint.

  • Youdontknowme

    Another reason why At&t should just buy these dudes out. Who cares if I will get a bunch of dislikes, I love and cant wait for it to happen.

    • Mikej35

      You’ll cry a different story once AT&T bends you over.

  • http://twitter.com/mikehill33 mikehill33

    as a T-mo customer, I am going to Sprint once this gig ends. Not giving ATT a nickel of my cash.

    • Justin Mentor

      bye

  • Anonymous

    Good, AT&T will have all of TMo’s current 42+MB HSDPA+ technology and will roll out LTE wile current TMo customers jump ship to Sprint.

    AT&T gets more technology and spectrum while not being overloaded because people left. Its a win/win for current AT&T customers.

    • Dako1405

      42+ speeds? Let me know where and when that was reported? These speeds are tethorical and they haven’t acheived them. I work for a company that test networks in NYC every other month and the fastest speed has come out of Verizon at 18 Mbps up and 8 Mbps Down AVG. Tmobile came up at 2.6 Up and 1.3 Down

      • Deval

        It’s too bad the sheep don’t see that. Theory is just that…not actual

      • Anonymous

        Telestra launched the first 42Mbit/s HSPA+ network in Australia over a year ago in February 2010. This was followed by Orange in Austria, Telus in Canada, Etisalat in Egypt and others. HSPA+ has been demonstrated to run at 84Mbit/s down and 22Mbit/s up. If you want to talk theory 3GPP Release 11 of hspa+ is proposed to bring 672 Mbit/s using newer antenna designs.

        You do realize that actual throughput and your connection speed are not going to be the same due to overhead and just because you can connect to a tower at that speed doesn’t mean the fiber backhaul to the internet is up to allowing everyone to do it at the same time. Also you are correcting someone (who was not wrong in the first place as T-mobile has announced plans to upgrade to 42Mbit/s soon) based on your breadth of knowledge about the cellular industry from working for a company that is testing a few networks in one city that happens to have an extreme population density. Come on man really!?

  • 1T2dirtnap

    If and only if a merger happens, you can bet AT&T will not get all of T-Mo’s assists. A divestiture will be issued.

  • http://twitter.com/matokira Mato Kira

    AT&T doesn’t want the customers. AT&T wants the infrastructure. If the remaining post-paid subscribers stay and pay $20+ more for the same or worse service, that’s the icing. AT&T doesn’t afraid of anything!

    • Anonymous

      You nailed it!

  • http://www.facebook.com/kirkwlange Kirk Lange

    Hey, my family is 4 of those cusomer losses! :-)

    We jumped ship early and moved over to Sprint. Couldn’t be happier.

  • Anonymous

    So they’re burning money on those commercials without really picking up customers for it.

    • Mikej35

      100% correct. As usual, T Mobile is late to the game. The ship was already sinking. They didn’t have the balls to advertise aggressively when it was needed years ago. They are trying to keep the numbers good until the merger goes through.

  • Anonymous

    Feel so bad for tmobile. I think it is because of the At&T buyout. I work at radioshack and lots of people came in cancelling tmobile for that reason, so honestly it could be an option to consider

  • Anonymous

    I keep hearing how happy some of you T-Mobile users are that once the merger goes through you can have an iPhone. If you think that AT&T will let you have an iPhone on your cheap T-Mobile plan then I have a bridge in Brooklyn that I would like to sell you.

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