August was T-Mobile’s biggest month ever with 2.7 million gross adds

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Right at the beginning of last night’s Uncarrier event T-Mobile’s enthusiastic CEO, John Legere gave a sneak peak at the 3rd quarter’s financial performance. And the figures he revealed make for very, very exciting reading.

T-Mobile added 2.75  million gross subscribers during August alone. Just one single month. In what is normally a quiet period, T-Mo had its biggest month ever. It’s also the biggest postpaid adds month in the history of the company, with 1 million subscribers added to its postpaid ranks.

Now these figures didn’t include customers leaving, so we didn’t get any “net adds” figures. But, as a comparison, T-Mobile added under 700,000 net postpaid customers in the entire 2nd quarter (April-June). It’s biggest quarter ever was the first quarter of this year, in which T-Mo added 2.4 million net subscribers. So I think it’s fair to assume the company’s going to announce figures for its best ever quarter when earnings for Q3 are made public. If it doesn’t, it’ll be mighty close.

As for where they’re coming from, it’s “those other guys”. Four times as many customers left Sprint for T-Mobile than went the other way, and twice as many customers left Verizon for T-Mo than went the other way. Clearly, what T-Mobile’s doing is working.

Source: IBD

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  • Brian

    Let’s keep T-Mobile moving forward and gaining customers. A lot of exciting new things are always coming along. Next stop, #2 since we already know we’re just about in the #3 spot already.

  • Guest2

    Well Legere clearly said “We WILL be the 3rd carrier THIS year” don’t exactly remember his words but you get the point..

  • SEBA

    I would love to see Tmobile overtake Att. Greedy bastards.

    • Bryan Pizzuti

      A long way to go before that happens.

    • TBN27

      I second your thoughts. Long way but let’s see what happens when they can gain access into states that don’t exist as well as hopefully keep costs low years later to do so.

    • KingCobra

      Without buying another carrier this won’t happen for at least 5 years at the soonest. Maybe never.

  • Mirad77

    It’d be good to be number three for a change.

    • J-Hop2o6

      Can’t wait when this news breaks by the end of Q3.

  • boehmer365247

    For what it’s worth, T-Mobile has had gross losses of about 1M a quarter for the past year to year and a half.

    • guitarthrower

      ? Gross losses, while having net adds? how does that work?

      • boehmer365247

        Example: You have 1M gross losses and 3M gross adds = 2M net adds.

        • guitarthrower

          Ah, gotcha. I’m a little slow on this almost Friday. :)

        • boehmer365247

          No worries. Your question made me think I phrased it wrong at first. Time for happy hour.

        • who cares Gain………… #TeamFoMerlot

    • xmiro

      1.5% churn is around 700k.

  • Jay Holm

    Can’t be much longer til T-Mobile takes the #3 spot!

    • bob90210

      Yeah! When that happens we all get ponies! It’s uncarrier 8.0!

  • What’s with these big ads taking over the screen? This is why I install ad blockers.

    • Adrayven

      don’t have any ads.. oh .. wait.. ad blocker is on…

      you know.. if they just did banners.. normal.. banners.. I wouldn’t need one.. but these VERY LOUD, VIDEO and screen hogging ads.. nope.

      I’m not putting up with it.

    • bob90210

      It’s a typo in the headline. It should say “2.7 million gross ads” so the ads you see are part of the total.

  • J-Hop2o6

    Simply amazing. Glad I stuck around since 2005.

  • vrm

    net adds estimate-

    worst case scenario- 1/2 of them left, leaving 1.35 million NET adds in 1 month. That is assuming porting ratio entirely with at&t/vz which is very conservative.

  • Jay J. Blanco

    I did a little crunching of my numbers and all tmobile needs is about 1,000,000 more customers to kick Sprint to #4. By these numbers that’ll be accomplished by 3Q earning reports.
    Sprint 54 Million
    Tmobile 53.2 Million
    my numbers may be off alittle. Lol

    • boehmer365247

      How did you get those numbers? At the end of the second quarter it was Sprint: 54.3 and T-Mobile: 50.5.

      • Jay J. Blanco

        Engadget, guess those numbers were off lol

        • boehmer365247

          Maybe. I’m going off second quarter earnings reports. Those might be their estimates for the end of this quarter.

        • Jay J. Blanco

          On March 31 Sprint said they had about 54 Million lol

        • John

          http://www.fiercewireless.com/special-reports/grading-top-us-wireless-carriers-second-quarter-2014

          Top 8 wireless carriers subscriber numbers as of the end of Q2 2014 provided in the link.

          So if you click on the link it shows the top 8 wireless subscribers as of the end of Q2 2014.

          Verizon 123.5 million
          At&t. 116.6 million
          Sprint. 54.5 million
          T-mobile. 50.5 million

        • Jay J. Blanco

          I’m getting my numbers from Sprint website. And tmobiles.

        • John

          So are you saying fierce wireless is wrong?

          http://investor.t-mobile.com/Cache/1001189347.PDF
          T-Mobile investors relations report page 3 states what fierce wireless states 50.5 million subscribers at the end of Q2 2014

        • John

          Can you see my post I just made with a link to T-mobile’s Q2 2014 investor relations report?

        • Jay J. Blanco

          No but I also added the 2.7 million to tmobile subscriber numbers.

        • John

          Well the fierce wireless report is the total subscribers for each carrier as of the end of Q2 2014. This is not in any way, shape, or form accounting for anything that has happened in Q3. As Q3 will not end until the end of Sept.

          But if you want to add 2.7 million to the total to give an estimate to how the numbers may look at the end of Q3 then go ahead. The main problem with that is, we don’t know how many were added in July or September and we don’t know how many were lost in the entire Q3.

        • dannd

          And that’s all that you have to do? Great life. Pathetic.

      • sushimane

        I thought sprint had a little over 53 million from their 2nd quarter earnings.

      • Jay J. Blanco

        I got them from Sprint investors website. I Qoute them on that.

  • UMA_Fan

    Wow they really can do it and pass Sprint this year.

  • Ben

    23.3 million postpaidsubs at the end of Q2 with a 1.5% monthly churn would mean ~350,000 postpaid left T-Mo in August, making over 650,000 net postpaid adds. They don’t give numbers for MVNO/M2M churn AFAICT, so that would be harder to predict.

    • Stefan Naumowicz

      August is a very busy time for phone purchases, so churn is likely much higher than the average

      • Ben

        Even going with a 2% churn in August (Q3 last year was 1.7%, so 2% is high to me), they still added over 530,000 net postpaid subs in the month.

        • Stefan Naumowicz

          Q3 was a 3 month period, and that alone reflected a .2% increase in monthly churn. If you narrow that down to the month of the highest churn (August) 2% is a reasonable estimate, and might even be a little conservative

  • John

    Remeber people these numbers are for the month of August alone. These figures don’t include the additions for July or Sept. Q3 2014 will be for Jul, Aug, and Sept. I wouldn’t be shocked if T-mobile reports 4 million net adds for the entire Q3 2014. Q3 2014 won’t be finished though till the end of September.

    • KingCobra

      Have to account for the losses too. I’m think closer to 3 million. At any rate it looks like Sprint will be loosing that #3 spot sooner rather than later.

  • Victor

    Make sure your billing and shipping address is correct. I just had to change mines because I had 2 different addresses

  • Stefan Naumowicz

    T-Mobile added 2.75 million gross subscribers during August alone. Just one single month. In what is normally a quiet period

    Back to school season is one of the busiest times of the year for phone purchases.

    • xmiro

      actually Legere said that, the summer months are very slow for wireless

      • markw

        Oh crap!! If the asshole Legere said it I’m sure that its absolutely true!

      • Stefan Naumowicz

        Again, august is an extremely busy time. A lot of times its the busiest of the year, even more so than November or December.

        • xmiro

          August seasonal low. From chat Legere was having at the Goldman conference today

    • Daniel

      Maybe in phone sales, but not necessarily in additions. Sprint sells a lot of phones, but that’s to people who already have service since they are losing customers. It was busy for T-Mobile not only in sales, but in switching people to their network.

      • Stefan Naumowicz

        And what’s your point? During a peak time all customer types will impact their carrier more than the average; new customers, upgrading customers, and churning customers. Sprint still had poor performance because their already poor churn rate was inflated during this time.

  • Bklynman

    I think if we past Stink, I mean Sprint, that anyone who want to buy Tmo,going have to pay lot more than before we become number 3. Go Tmobile,Go! Bring back Carly!

  • harry

    I was one of those people that left verizon for tmobile last month could not be happier what to do with the 200.00 dollars a month I’m saving 4 Lines for a hundred wow love it

    • Jared Wolfe

      Welcome to T-Mobile community. My parents are on Verizon and won’t switch. Glad you see the light!!!

    • Aaron C

      Welcome! I brought the whole family over to T-Mo from Verizon last year after Uncarrier 1.0. We had been with Big Red 12 years. The whole family has been very happy with T-Mobile, and I have been ecstatic (with actually having faster speeds and saving $1200 a year AND adding two more lines — the in-laws). Hope all your lines love T-Mo as much as we’ve come to love them! Welcome!

  • Paul Garrison

    Here’s looking at you Son/Sprint. This is how you add customers and provide TRUE competition all while improving your network.

  • Mobileguy

    I really think that T-Mobile is doing a tremendous job being competitive. All the network improvements are great. I really think what they need to do now is look at buying another company like they did with MetroPCS. I would love to see T-Mobile pickup US Cellular; they really have a lot of gaps where USC has good coverage.

    • Kidney_Thief

      I don’t think we’ll see a lot more acquisitions until the second half of last year. They don’t want to clean out their cash reserves on the eve of two very important auctions.

  • Jiggalo Joe

    Putting work in!

  • Chad Dalton

    so what is gross adds, compared to net adds? Which number matters in becoming #3?

    • Medion

      Gross adds is the number of new customers. Net adds are the number of new customers minus the number of lost customers. The net adds determine the total number of existing subscribers. That’s the number that determines who is #3.

      Think of it as gross pay versus your take home after taxes.

      • Chad Dalton

        oh okk, thank you for your fine explanation!

  • Rick

    Really too bad Tmo didn’t snap up Leap/Cricket, it would have been the perfect complement spectrum-wise ti PCS.

  • Fritz

    So is it safe to assume that the Q3 results will be Tmobile adding 3Million subs even after customer losses? In Q2 Sprint had 54Mill Subs and TMO 50Mill right? so this would put tmo and sprint neck to neck even in a worse case scenario. But i gatta wonder if Sprints new CEO has managed to slow the bleeding.

  • gadget_hero

    T-Mobile really needs to snap up US Cellular before Sprint does, that will be the final piece that T-Mobile needs to 1) become the 3rd largest carrier 2) bring the fight to $T and $VZW 3) More spectrum (ASW,PCS,A Block 700MHz)