MetroPCS announces Q1 2012 results: total revenues up, new subscriber growth shrinks

Posted: April 27th, 2012, by nanoarrivo

MetroPCS announces Q1 2012 results: total revenues up, new subscriber growth shrinks

Regional network MetroPCS has announced total revenues of approximately $1.3 billion for Q1 2012, up from $1.2 bilion in the last quarter and up seven percent from the same period in 2011. Users on contract now total 9.5 million, with 16 percent of them making the move across to a smartphone. Net income has, however, dropped 63 percent since Q1 2011, with cost per user up 16 percent compared the same period last year. MetroPCS puts down to “retention expense” and the roll-out of its 4G network. The fifth biggest US carrier added over 131,000 new subscribers, but growth continues to slide — it’s down from 190,000 in Q4 2012. On the positive side, users are creeping onto the carrier’s 4G network, with 580,000 LTE subscribers nowmaking up six percent of its total subscription base — regardless of those creeping costs for unlimited data.

Continue reading MetroPCS announces Q1 2012 results: total revenues up, new subscriber growth shrinks

MetroPCS announces Q1 2012 results: total revenues up, new subscriber growth shrinks originally appeared on Engadget on Thu, 26 Apr 2012 07:34:00 EDT. Please see our terms for use of feeds.

Permalink   |  sourceBusinessWire  | Email this | Comments


katy perry divorce brock lesnar retires new years wake forest wake forest old dominion insync

epic reads

Jungle Baby Shower Invitation: Perfect for a Fun Party | soulofawm.com

There are many ways to make a baby shower more fun and animated. The secret to doing that is to first think of a great theme for the shower party. There are many choices of them to choose from. When it comes to baby showers though, one of the most popular are jungle baby shower [...]

Doomsday Believers Cope With An Intact World

Dino Vournas/AP Evangelist Harold Camping’s failed prediction that the world would end May 21 prompted humorous protests like this one Saturday outside the Oakland, Calif., offices of his Family Radio. But it’s too soon to tell how Camping’s followers will cope with the failed prophecy. As recently as two weeks ago, Gary Vollmer was absolutely [...]

Fan Wars: Former Google Biz Dev Head David Dowd Becomes VP Of Social Marketer FanBridge

Right now there’s a cutthroat battle between social marketing platforms to represent the world’s biggest brands. In hopes of seducing dollars from offline and clients from competitors, social marketing platform FanBridge has just hired away Buddy Media’s GM of lifestyle brands David Dowd. Previously the head of branded content biz dev for Google, his experience [...]

Nexus S hacked and tweaked to slaughter benchmarks, reality be damned

It’s always a good idea to take benchmarks with a grain of salt — their synthetic tests don’t always match up with real-world performance. But, we wouldn’t blame you if you wrote them off completely after spying these results from Android Community forum member Simms22. Simms took his Nexus S, blessed it with a little [...]

With iOS 5 Beta 3, The iPhone Finally Gets Custom Text Message Alert Sounds

It feels a bit strange to be writing about custom text messaging alerts as “news”. As a feature that found its way to run-of-the-mill “dumb” phones long ago, it’s one of those things that you just expect any smart phone to do right out of the box. And yet, it’s a feature that Apple has [...]

erudite cloud