T-Mobile adds 1 million new subscribers in 2009, income and revenue decline

By on February 25, 2010 at 1:07 PM.

T-Mobile adds 1 million new subscribers in 2009, income and revenue decline

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T-Mobile held its position as the #4 carrier in the U.S. by adding one million new subscribers to its coffers in 2009 and ending 2009 with a total of 33.8 million customers. Catherine Zeta Jones’ favorite network gained a total of 371,000 new subscribers in Q4 2009, a number that was achieved by the addition of 488,000 pre-paid subscribers and the loss of 117,000 net contract subscribers. Despite the yearly and quarterly growth in its subscriber base, yearly revenue declined to $21.5 billion, a 1.6% year over year drop and quarterly revenue dropped to $5.41 billion from $5.72 billion in Q4 2008. T-Mobile’s net income also took a hit, dropping from $483 million at the end of 2008 to $306 million in 2009. Though overall revenue and income declined, T-Mobile’s mobile data business was lucrative as total data revenue reached $598 million in Q4 2009 and $2.2 billion for the full year, a 35% and 37% year over year increase. Additionally, the Magenta network’s infrastructure was also on the rise; its entire 3G network has been upgraded to 7.2 Mbps HSPA, select markets are being upgraded to 21Mbps HSPA+, and its 3G coverage now reaches 205 million people nationwide. More →

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T-Mobile offering BOGO on all smartphones until December 20

By on December 17, 2009 at 4:01 PM.

T-Mobile offering BOGO on all smartphones until December 20

T-Mobile definitely has some tricks up its sleeve this holiday season as we just received word that retail stores are offering a buy-one-get-one free special for any smartphone. You heard us correctly: any smartphone. All you have to do is activate two new lines to qualify for the promotion. This means you can pick up a BlackBerry 9700 and get a myTouch 3G for free, or buy a Touch Pro 2 and get a BlackBerry 8520. Or buy a Sidekick… just kidding. But you get the idea. Before you send us a flood of hate mail, this offer does vary region by region. For example, T-Mobile retail stores in NYC are definitely offering this promotion, but stores in L.A. are not. However, some retail stores said they’re always willing to price match competitors and other T-Mobile locations. All you need is proof that other retail stores are offering this promotion because some stores haven’t heard of this, and that shouldn’t be too difficult. Let us know how it goes for you!

Thanks, Dominico!

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