T-Mobile Q1 2015 results are in – 1.8 million total net adds, 1.3% postpaid churn

T-Mobile

T-Mobile has just published its results for the 1st quarter of 2015 and – as it has done for the past few quarters – it’s looking very good for our favorite magenta-colored carrier. Among the highlights for the first three months of this year were record postpaid churn, strong postpaid subscriber growth and service revenue growth.

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Subscribers

There are number of key highlights when looking at the subscriber additions for the first quarter. Firstly, T-Mobile added 1.8 million total net additions to its ranks between January and March. That’s the 8th consecutive quarter over 1 million. And, it should see T-Mobile finally overtake Sprint as the number 3 carrier in the U.S. More impressively, it’s the third quarter in succession that T-Mobile has added more than 1 million branded postpaid customers, with a total of 1.1 million branded postpaid net adds. 1.0 million of those postpaid net adds were phone customers.

A big focus on the earnings call is set to be on postpaid phone churn. Churn is the rate by which customers leave the carrier. For example, if 1 out of every 20 left the company, the churn rate would be 5%. In the past, T-Mobile’s has been fairly consistently around the 1.4-1.5 percent mark. In Q1, it dropped to its lowest ever percentage rate of 1.3%. This is pretty big news. It means fewer of T-Mobile customers are leaving than they ever have in the past. Mostly thanks – I assume – to the ever-improving network quality.

“We’ve had eight consecutive quarters with more than one million total net customer additions proving that customers want value,” said John Legere, President and CEO of T-Mobile. “We expect to once again capture all of the industry’s postpaid phone growth in Q1 and we’ve done it while delivering an all-time record low 1.3% churn. #WeWon’tStop.”

T-Mobile now has a total of 56.8 million customers after another strong quarter. Along with the strong subscriber growth, T-Mo sold 8.8 million devices. 8.0 million of those were smartphones.

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Financials

T-Mobile expects, again, to report the fastest year-over-year revenue growth for both service revenue and total revenues. YoY growth for service revenue was 9.0%, this is primarily down to the expanding subscriber base. Total revenues were $7.8 billion for the quarter, which is a 13.1% increase on the same quarter in 2014. Quarter-on-quarter revenues declined by 0.9% due to the impact of Data Stash.

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Network

As of the end of Q1 2015, T-Mobile’s LTE network now covers 275 million people, and the company is still targeting 300 million by the end of 2015. The carrier is also still “rapidly” rolling out both Wideband LTE and LTE in both 700MHz and 1900MHz frequencies. Wideband LTE is now available in 157 markets, with a target of reaching more than 200 market areas by the end of the year.

The 700MHz network is now officially live in 55 market areas, with major launches recently in Houston, Dallas, Philadelphia, Tampa, San Antonio and Detroit.

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Sum-Up

T-Mobile’s UN-Carrier moves are still clearly working. T-Mobile’s subscriber base keeps on growing, as does its revenue. Sprint is yet to report its figures for the same period, but Verizon lost 138,000 postpaid subscribers, AT&T lost 300,00 and T-Mobile gained 1.1 million. Assuming Sprint’s subscriber base is still under 56 million, T-Mobile’s 56.8 million reported should mean that we can finally celebrate the carrier being in 3rd place, officially.

As always, we’ll be following up the quarterly earnings call with coverage later on today.

Source: T-Mobile

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  • mingkee

    300k more than I anticipated.

  • sushimane

    Great Job tmobile!!!!

  • taron19119

    700MHz in philadelphia is a joke

    • jay_max

      How so?

      • taron19119

        Because they are saying band 12 700MHz is live in philadelphia but its just in 3 location and i have my note 4 useing band 12 700MHz LTE exclusive to test it out for 3 days now

        • jay_max

          Well, TMO is at the early stages of rolling out 700 MHz, so it would probably be wise to reserve judgment until all sites in the Philly area that are slated for 700 MHz actually get it.

        • Fabian Cortez

          IIRC, he is locking his phone to band 12.

        • jay_max

          Wouldn’t that cause serious connectivity problems? I understand there’s no aggregation with 700 MHz yet with 1900 or AWS.

        • Fabian Cortez

          It would, especially since they’re not deploying band 12 on every cell site.

    • Paul

      Do you have a phone that’s compatible?
      Which model? Not all of the phones for sale can use it.

      • taron19119

        I know that i have a note 4 s6 and s6 edge my note 4 is useing band 12 700MHz exclusively so i can test it

  • Hector Arteaga

    Excellent!

  • Luis Espinal

    I’m assuming that now Sprint is going to retain subscriber counts for MVNOs to the 9-12 month range LOL! So they’ll be counting inactive subs from a year ago now! It’s sad how Marcelo said that it doesn’t matter if Tmobile is 3rd…but why don’t they follow everyone else’s 3 month timeframe for inactive subscribers on an MVNO? I mean I have friends who switch every couple of months on GSM MVNOs with their unlocked phones, because it’s getting crazy competitive with rates right now! Kinda makes me wish I was doing the same! I wonder if it’s just as easy to switch MVNO on those that use Sprint’s network? Well nothing about Sprint is easy, just getting a preapproved Sprint phone from Freedompop can be a super hassle…and now Sprint has even more stipulations about letting MVNOs use prepaid phones…Sprint is the land of endless rules and crappy service! I love messing with my coworker on the train ride home from Manhattan, since he lives close-by; endless stops and buffering on YouTube, but yet his phone says SPARKY SPRINT lol, and mine goes from LTE to just 4G and Im still fine!

    • KingCobra

      At 1.8M adds it doesn’t really matter. Short of gaining 1 million subscribers, Sprint will likely fall to 4th.

    • TK – Indy

      This is a fallacy. On T-mobile prepaid – if you stop paying, you are converted to paygo after three months. The account stays active another 3 months after that. That is 6 months inactive for T-mobile.

    • MKashi

      How can they follow 3 months inactive policy on 6 and 12 month validity recharges? These users don’t necessarily spend money on their line every 3 months, and many have it as emergency lines and occasional data use devices.

  • IceMan

    Wow, 1.1million postpaid adds. I’m impressed. Sprint’s quarterly results can’t be too good with the amount T-Mobile gained. We’ll see next Tuesday, though.

    • Fabian Cortez

      Were you seriously expecting a miracle in terms of Sprint’s upcoming results?

      A full 180° from Sprint seems unlikely in the near term. Especially the way T-Mobile is adding subscribers.

      I give Sprint a good year or two before any of that happens. And that’s if they’re still around as we know it.

      • IceMan

        True. Their network is getting up to par in many markets. The next thing Sprint needs to seriously fix is their customer service. I’m sure there’s a lot of people that will never return to Sprint due to bad experiences. I, myself as a Sprint customer, dread the thought of going into a Corporate Store. It’s not good for Sprint to have that reputation, especially with its own customers.

        • Fabian Cortez

          You’re in Jacksonville. Why not give T-Mobile a try considering your technical know-how.

          With network parity between the two (assuming similar speeds), T-Mobile just has more of the latest tech to offer: VoLTE with HD voice (23.85 kbps), HD voice (12.65 kbps) on UMTS/HSPA, simultaneous voice and data on LTE and UMTS/HSPA, higher order LTE MIMO (4×2), Wi-Fi calling with hand over to VoLTE and back, very fast LTE with DC-HSPA 42 Mbps fallback, sanctioned tethering, etc.

          Not to mention the upcoming goodies: LAA/LTE-U, pCells, 4×4 MIMO, potentional HD voice over GSM, etc.

  • tomarone

    Are they still losing money and is DT still trying to unload the company? Any stock available for me to buy?

    • vrm

      I hear less talk of selling nowadays and the sentiment at DT appears to be to NOT sell, unless a really big offer comes along …

      The co. is still cash flow positive, even with the capex. From Q1 2016, capex can be reduced and co. can start reporting profits.

      As the network improves, subscriber growth will accelerate – the lower churn is indicating that already. If I were DT, I would revisit my desire to sell the co.

      • MKashi

        The 600mhz auction is planned for early 2016, at least thats the date for now. If there ever was a need for capex it would be then.

  • TK – Indy

    Added.1.8 million, yet quarter on quarter revenue declined. This does not compute and points to chicanery.

    • vrm

      carriers typically sell more devices in Q4 than in any other Q so the numbers are skewed due to device sales.

  • Philip

    Keep up the good work T-mobile! I was in Moscow, Singapore and Malaysia last month and I am able to surf free and txt free too. Thanks T-mobile!

  • KingCobra

    Wow that’s pretty incredible. Even more than I expected. Looks like those who keep claiming “T-Mobile’s growth is going to slow” will have to wait yet another quarter. With these numbers Sprint will need to have gained around 1 million subscribers in order to remain 3rd, which is highly unlikely. Really good job TMO.

  • If you build it, they will come. If you provide value, they will rush.

  • Joe

    I think as long as t-mobile can make that end on 2015 map come to life, fix all those dead spots, get better backhaul where necessary, and get wideband to all the markets that need it and can have it they will continue to gain customers and maybe hit 60 million pops by the end of 2015.

    • taron19119

      60 million pops ?

      • Joe

        It means exactly what I said that they may hit 60 million pops by the end of 2015 if the do all the things I listed.

        • taron19119

          60 million pops is not the same as 60 million subscribers

        • Joe

          O yeah my bad that’s what I meant. Derp moment.

    • Zach Mauch

      They will hit 60 million no matter what. That is less that 1.1 million net adds a quarter and they did 1.8 this year. Honestly, I could see them hitting 62 by the end of the year. Once their network is on par with Verizon and AT&T (likely the end of the year) that rate of increase could easily double. AT&T and Verizon better watch their backs. By the end of 2017 T-mobile could very easily be the #1 carrier in the US.

      This is VERY good for the consumer and as T-Mobile matches AT&T and Verizon in coverage prices could easily drop again.

      • Joe

        Sorry but you are dreaming about them getting the #1 or #2 spot by the end of 2017 they will not continue to grow at this pace for ever to get that and that is not going to happen at all cuz they don’t have the network resources to get to that spot. I can definitely see them close the gap between the #2 spot but it is not that easy to get that spot. And yeah your probably right on the 62 by the end of 2015 I was just bing conservative. I do love t-mobile but you have to be realistic.

        • KingCobra

          I agree. Through purely organic growth it would take T-Mobile 5 years or even longer just to begin sniffing at AT&T’s heels, let alone catch up with them. That’s even IF the networks were equal in coverage.

        • Joe

          Yup except if the networks were equal I think they would actually reach that spot cuz there prices are lower and I think there would be plenty of ppl that would switch to make them #2 or #1. But yeah I don’t think t-mobile will see number 2 spot for a long time and probably never.

      • Truth

        Genius, already the t mobile network is not able to handle the traffic. As subscribers grow you have to invest more on the network and that costs money. Currently they are already in deep debt despite the rambling of ledgere. For having the customers that verizon has you have to invest $20 billion. If dreaming made someone #1, t mobile would have been that 15 years ago. Verizon has upwards of 106 million post paid customers. So long way to go!!!!

      • RiskyBidThis

        You’re really being overly optimistic here. T-Mobile doesn’t have the spectrum to have AT&T/Verizon customer numbers and keep their speeds at anything even approaching acceptable. Merging with Dish could help there, but a lot of the spectrum Dish has is unique and won’t be quickly supported by phone OEMs.

        Even assuming the Dish merger happens they’d need to add ~6.5M customers a quarter to match AT&T, which is a near impossibility.

    • Fabian Cortez

      You mean 60 million subs.

      • Joe

        Yeah thats what I meant. If you would of seen one of my replies to another person you would of seen that.

  • Frankwhitess

    Nooooo Retreat !!!! NOO Surrender !!! ….That is T Mobile’s Law. Give Them NOTHING!!!! But take from Them,… EVERYTHING !!!!!!!!!! Lol….

  • Paul

    CNET is saying that Magenta may have actually moved into 3rd.

    Not gonna lie, I have a good feeling about this quarter.

    • taron19119

      We have to wait until may 5th to find out

      • Paul

        Age of Ultron will have to distract me until then.

        Just sayin’, I have a good feelin’.

  • David Tyler

    I see cheaper days are ahead of us in the cell phone industry. You go Tmobile!

  • Jay J. Blanco

    Waiting on Sprint now. They 1Q isn’t looking well because if tmobil added this many postpaid. Sprint had to take a significant loss

    • IceMan

      True, Verizon lost 160k, AT&T 300k. Together that is 460k, but Tmo added 1.1M. So, Sprint may have lost ~500K, assuming ~250k is just completely new adds (ie: families children opening lines, etc.)

      • Jay J. Blanco

        Yeah. But In the meanwhile yayy where #3

        • Naruto44

          AT&T next.!.

        • Jenny

          Lol I see what you did there…

        • iMotoXperiaGalaxy

          Cool bro! So what do you get for being #3?

        • Jay J. Blanco

          Bragging rights

        • iMotoXperiaGalaxy

          Awesome! I would celebrate being #3 too… but only if it comes with a paycheck, my own personal DT boardroom chair, and a hot thick Latina!

        • KingCobra

          Gotta love those Latinas. Best women around.

  • Zach Mauch

    Hey Cam, do you know where we can find the new list of Wideband LTE cities? I’m about to switch to T-Mobile and I was hoping to find out if Oklahoma City was covered now.

  • GameBoi/KillaBit

    I’m happy to say that my town in southeast Missouri finally got LTE!!!! But my Note 2 isn’t compatible with the 1900 mhz :( lol

    • JJCommonSense

      Perfect time for the GS6 or Note4… the Note4 just got lollipop (yesterday) and this thing is a BEAST!

      • Hector Arteaga

        I agree. Note 4 with lollipop is very nice.

  • Patrick McLaughlin

    Although TMOBILE ROCKS here in Boise, Id. As far as coverage and reception, we are still using BAND 4 for LTE. I don’t know when or if we will ever get Band 12 or band 2 for LTE. If it helps, I have been using a Galaxy S6 for the past week and a half and have only noticed Band 4.

    Does anyone know if Boise will get Band 12?

    • KingCobra

      Does T-Mobile own Band 12 spectrum in Idaho?

      • Patrick McLaughlin

        I wish I knew. Although, Band 4 works better on Magenta than Big Red or Big Blue. I’ve tested here on all 3. Magenta is full signal almost everywhere in the Metro Boise area.

        • Ryan

          Problem is anywhere outside of Boise/Meridian is brutal.

        • Patrick McLaughlin

          I haven’t had any issues exept the one time I went to the Snake River. But, even then i picked up AT&T. So, I can’t complain. Ive gone all over Boise out to Ontario Oregon and have had decent service. I had Better LTE signal than my Dad did on his Verizon Apple iPhone.
          He only gets 2-3 dots LTE where I get 4-5 most of the time

        • CalicoKJ

          While they don’t have band 12, this state is a prime example of how it could benefit T-Mo. 2-3 miles from where I live I get LTE. At home I get nada inside, and have to stand in the right spot outside (thank goodness for WiFi). 700mhz would take care of that coverage.

        • Patrick McLaughlin

          T-Mobile happens to have a very tall cell tower less than a mile from my house that has 2G, 3G, 4G, and 4G LTE connected to it. So, yes, I do get full service at my house in Garden City. Most of the places I go around Boise and the surrounding area i get 4-5 bars on my Galaxy S6 anyway. The only place I lost signal was at the Snake River. But, I noticed that I started to roam on AT&T in that area. So, at least I could call 911 if I needed to. Lucky, I don’t go to snake river very often.

      • Jay J. Blanco

        No they do not.

      • Patrick McLaughlin

        What about Band 2?

        • It seems to me that if there exists LTE on band 4, TMUS is leaving band 2 for 2G and 3G phones and devices and lighting up LTE on band 2 where it doesn’t provide it yet.

        • Patrick McLaughlin

          ok. that makes since

    • CalicoKJ

      I’ll take band 4 LTE in my part of Idaho…heck I’ll take HSPA.

      • Patrick McLaughlin

        What part of Idaho. Im in Garden City off of State Street. I did a Speed Test on HSPAplus and was getting just as fast as LTE on downloads. Surprised me.

        • CalicoKJ

          South Central. Twin Falls has LTE, but it doesn’t take too long of a drive to be back in 2G land.

        • Jay J. Blanco

          At least you have LTE lol be thinkful

        • CalicoKJ

          Not at home I don’t…I’m lucky to get 2G outside at home. Twin’s the closest “big city”.

        • Jay J. Blanco

          That sick then but t-mobile is upgrading fairly quickly

    • Rob H.
    • Jay J. Blanco

      Every inner city has band 4. T-Mobile currently holds no MHz spectrum band 2 is only available in outer city limit as so far i’ve witnessed. But band 2 penetrates better i know for a fact.

      • Nick

        Except Cincinnati

      • Jay Holm

        I have a feeling next year T-mobile might begin work on carrier aggregation. How many LTE bands are they working on now? 700/850/1700/1900? Fastest speed I ever got on Tmo LTE was 85mbps in Orange Ct.

        • Rob

          T-Mobile has carrier aggregation turned on in Denver for 4+12. If you ask me, it’s pretty necessary for band 12 markets. Phones prefer a band 12 signal when it is available despite the fact that the band 12 is 5MHz and the 4 is 10 (situation in Denver). My speeds cut by more than half since they launched band 12 here and I’ve been thinking about getting an S6 just to have 4+12 aggregation. My Nexus 6 doesn’t support aggregation for band 12 at all.

  • Anonymous

    Tmobile is a low end carrier and has poor service levels and is only marginally better than Sprint. These results obviously came frorm previous quarters. Sprint is really the biggest loser here. I go by real world results and totality of the industry and human capital. Tmobile has no sustainable growth potential that will lead to anything of significance. As a customer, I find AT&T providing the most value and having a large network and should be able to chip away at Verizon and grow new customers.

    The industry has not changed much in reality no matter what carriers make you think though the big players like Verizon and AT&T are much better in size, scope, reliability, and coverage.

    Tmobile’s uncarrier moves just chipped away at Sprint and moved Tmobile a little further but none of this is sustainable for the long haul.

    • iMotoXperiaGalaxy

      Yep pretty much! I’m pretty sure some butthurt fanboys will get mad at your comment tho.

      Haha!

    • Joe

      Yes at the moment t-mobiles coverage outside the cities is not very good but at the end of 2015 it will look a lot better and you will be getting very good coverage for what you would be paying. In the cities I get good LTE in fact I was recently at a FIRST event in st louis (which is only a 10×10 market) where there were more than 40,000 ppl and I always had LTE obviously I could not play YouTube but I could use social networks view pics and browse the web with no real problem. Where as a friend of mine was on att edge and could not do anything. So I would not call t-mobile low end carrier but they are not high end ether.

    • KingCobra

      They’re chipping away at the big 2 now as well. Verizon and AT&T posted subscriber losses for Q1.

    • Fabian Cortez

      Living under a rock for the past two years it seems.

    • IceMan

      I feel like AT&T is becoming the worst carrier. According to the RootMetrics results, they’re the only carrier consistently decreasing their speeds each half.

      Sprint/T-Mobile seem to be improving each half and T-Mobile is even scoring a tie with the big two in many markets. I do think T-Mobile isn’t going to expand much outside their current coverage, though.

      • Fabian Cortez

        AT&T’s also the worst consumer-friendly as well.

        Lowering their CAPEX and refusing to [properly] invest in their network will come to bite them again (yes, just like it did circa 2008 with the iPhone 3G).

      • Fabian Cortez

        I do think T-Mobile isn’t going to expand much outside their current coverage, though.

        How else will they reach 300 million POPs and how else do you explain their EOY 2015 LTE coverage map? Their current native network covers 280 million POPs and that includes all of those metropolitan areas where they’ve been known for.

        Per their EOY 2015 map, there’s a significant expansion going on in Texas, Oklahoma, Kansas, Arkansas, Missouri, Illinois, Indiana, Ohio, Minnesota, Michigan, Pennsylvania, New York, Tennessee, Kentucky, Georgia, North Carolina, South Carolina, Louisiana, Mississippi, Alabama, North Dakota, and South Dakota.

        And what does this all translate to? A 2.6x increase in their native network. Or an addition of 1 million square miles in native coverage.

        So no, to say that they’re not going to “expand much outside of their current coverage” seems shortsighted. Especially when they’ve made it clear that they’re going after Verizon’s network.

        • IceMan

          They have that map that shows projected coverage by the end of the year, but there has been no word on adding new sites. B12 in select markets is not sufficient to emulate a map that is the projected outcome. Until they have announced they’re building more towers, I’m skeptical.

        • Fabian Cortez

          They have that map that shows projected coverage by the end of the year, but there has been no word on adding new sites.

          How do you think one goes from covering 0.6 million square miles to covering 1.6 million square miles? New sites. Remember that they are actually expanding their current native network.

          B12 in select markets is not sufficient to emulate a map that is the projected outcome.

          If you listened to their earnings call, and their previous un-carrier event (9.0), then you’d know that Neville made it clear that they don’t need any additional 700 MHz A Block spectrum to reach 300 million POPs.

          Until they have announced they’re building more towers, I’m skeptical.

          Not to be nasty but I’d be skeptical too if I was consistently overpromised yet underdelivered by Sprint.

    • steveb944

      Tell that to the crappy AT&T service I get on my work issued hardware, while my personal T-Mobile device is rocking LTE. It’s sad when I have to use my personal phone’s hotspot for work because AT&T’s is sluggish at best.

      YMMV, but the market is changing whether you want to admit it or not, you wouldn’t have better features and pricing on AT&T without a little competition.

    • Baxter DeBerry

      ha, ya ok.. AT&T has taken hand outs all its darn life, im glad T-Mobile is growing and will continue… AT&T will never compete against verizon so forget that.. without tmobile we be paying alot more.. but its putting pressure on at&t now to actually do something to bad there speeds are horrible.. 2-8mbps down on LTE with all the spectrum they are not using thats horrible

    • Jay J. Blanco

      T-mobile is chipping away at all 4 carriers sir. Verizon loss 100K and AT&T 300K. Sprint definitely is going post a loss. Oh yeah and t-mobile ranked higher in relaiblity in Detroit then AT&T and Sprint through root metrics.

  • iMotoXperiaGalaxy

    Still, there is absolutely nothing special about being #3 or #4 lol. Just sayin’!

    Haha!

    • Joe

      You are correct but it is one way of showing improvement.

    • Frankwhitess

      There always has to be that hater… Lol..

      • iMotoXperiaGalaxy

        There always has to be someone butthurt… LOL..

        Haha!

        • Frankwhitess

          I definitely agree with you… I know your Verizon/AT&T butt must be hurting like hell with T Mobile having these awesome Numbers…I know a lot of people hate on t mobile… But numbers don’t lie… Am just saying ;)

        • iMotoXperiaGalaxy

          *yawn* same ol’ line of defense you nerds say when someone doesn’t ride T-Mobile’s nuts.

          Just like if someone says Galaxy phones lag: they’re an Apple fan. Lol

          Truth hurts!

          Haha!

        • Frankwhitess

          Yesss!!! Truth really hurts… Your living proof of it… Look at how you are replying & writing lol… You are clearly in pain my friend.. Try Advil, it might be able to help with the pain ;)

        • iMotoXperiaGalaxy

          Still #3 or #4 lol. Took T-Maybe damn near 15 years to get anywhere close to Sprint… LMAO!!

          Now doesn’t that get your panties wet?

          Haha!

        • NinoBr0wn

          We get it. You’re a troll. You win. Now move on.

        • Jay J. Blanco

          Dude t-mobile only been around for 12 years I think.

        • JaswinderSinghJammu

          I listen to almost the whole call and John Legere something like if he can keep up the pace of additions he can tell exactly when T mobile will be number one carrier. Now that all depends on how long ATT and Verizon can continue to say that they don’t care about people leaving those 2 carriers. I think it will be sooner than later if ATT and Verizon does not change their attitudes.

    • TheDarkKnight

      Well I’m with AT&T but I’m here to say your comment is childish. You’re either an adolescent or a man-child.

    • 3rd is better than being where they were years ago. Not to many companies can say they are gathering as many subscribers and improving their networks as fast. The only reason why ATT and Verizon are so big is because of their massive grabs of carriers (i.e Networks) in the early to late 2000s

    • RiskyBidThis

      They’re on track to nearly double the number of customers they have over a three year period (33.3M at the end of 2012 to ~60M by the end of 2015). You’d be hard pressed to find any company that would be unhappy with those kinds of results.

    • Mike

      It is when you were dead last and your owners was ready to sell you to At&t

  • emcdonald75

    Well since they have enough 700Mhz spectrum to reach their goal of 300 million pops, are they going to try to purchase more A-block spectrum or just sign roaming agreements? I hope they do not stop expanding on the 700Mhz spectrum, but it seems that they are going to just wait for the 600Mhz incentive auction next year.

    • Fabian Cortez

      Continuum 700 must want an arm and a leg for that A Block and/or T-Mobile doesn’t need it that much (or they’re being cheap).

      • Hector Arteaga

        I wonder if the value just dropped with tmo saying they won’t need any additional for 300 million pops. We will see.

        • RiskyBidThis

          At a minimum it’s a way of signaling to the squatters that they hold all of the cards and aren’t going to be extorted.

        • Fabian Cortez

          I agree.

          T-Mobile is really banking on the upcoming incentive auction (600 MHz).

    • KingCobra

      I’m sure they’re still looking for deals from the companies holding it. Hopefully they can buyout Cavalier’s 700MHz in the Carolinas.

  • NorCalOffspring

    T-Mobile bought a crap load of spectrum in North Dakota almost a year ago. Anyway to find out when they’re lighting it up? Specifically in Fargo or Grand Forks?

    • Jay J. Blanco

      T-mobile is launching LTE in Fargo as of a months ago. It’s been mapped a little on Sensorly. It’s not officially launched yet but is usable

      • NorCalOffspring

        That’s awesome! I’m in Grand Forks so hopefully we should be seeing some magenta LTE soon enough!

        • Jay J. Blanco

          T-mobile has a nice 700mhz specturm portfolio plus PCS and AWS so Grand Fork is in the schedule to be upgraded by Christmas

        • NorCalOffspring

          Nice. Can’t wait to leave at&t

        • Jay J. Blanco

          Grand Forks is covered with LTE tmobile updated coverage map

        • NorCalOffspring

          Damn you’re right! Gonna definitely look into them now!

  • Truth

    I have a simple question for the tmobile fan boys on these forums – how come a company added 1.1M net adds and still went in deep loses!! That means this logic of calling others names and touting network by freebies is not working. 2) how come the network is still ranked #5 in US (as per JD power). Now before calling names like your CEO, can you answer these two questions and patting your back (like your CEO again) and calling yourself the next #1!!!

    • troll Elsewhere, the 0nly deep losses I see is your Contribution to the internet.

      • Truth

        Don’t worry about my contribution to the net as my truth hit you where it hurts!

        • Christopher Olson

          It’s funny that you find it easy to slander everyone’s opinions and call yourself truth but still have to hide your identity? If this is what gets you through the day then I think T-Mobile’s losses are the least of your concerns.

        • Truth

          The only slander I see are from people on this forum aka fanboys when someone asks real questions. But I guess for Fanboys like you that is the least of the concern. So keep fooling yourself in the name of open forums!!!!!

        • Melissa

          I’m not going to say much on this topic except for the fact that I agree T-Mobile is making great strides to do better and gain customers and I think it will pay off for them someway I’m almost rooting for them cause they have the right attitude and the right plans. BUT! It wasn’t enough to make me want to keep them. Up Herr in the northeast (aka upstate NY) T-Mobile is bad bad business. Great company HORRIBLE coverage. I mean on the NY state Thruway all they have up and down the thruway is 2G. No 4G HSDPA no LTE Nada! Near my house nothing and get this I live .66 miles from the closest and ONLY LTE tower in my town. And, no LTE or 4G HSDPA coverage. Although T-Mobile’s website will have you believe that it does cover that area. So, great strides T-Mobile I’m rooting for ya but you’ve had the same horrible coverage in upstate NY for ages and it hasn’t changed a bit. I need a more reliable network and at&t has a pretty dependable network out here. I’m using the go phone option which includes the 4GB high speed data and then unlimited 3G/2G speeds. But, I’ve gone past the 4GB data limit and I’m on 3G/4G HSDPA+ and getting 15mbps down and about 2 up. So, about the same speed internet I have at home on the cable. For me that’s not too shabby.

        • Fabian Cortez

          I mean on the NY state Thruway all they have up and down the thruway is 2G. No 4G HSDPA no LTE Nada!

          Per their plan of covering their entire network (280 million POPs) with LTE, those 2G sites are expected to become LTE by mid 2015.

          As of yesterday, they cover 275 million POPs with LTE.

        • Melissa

          Okay and their network is still very restricted up where I live. And very limited if at all. My point here is that T-Mobile is not that great up here in the northeast upstate NY area. Unless you’re in Albany or NYC or Syracuse or Utica. Then, you got no problems with T-Mobile. But, go even a smudge into the suburbs and it’s like dead zones everywhere. Again, I’m not saying T-Mobile is a bad company they just need a lot of work up here in the northeast coverage wise.

        • Fabian Cortez

          No I understand.

          I’m just stating that for those times that you do have [a 2G] signal, it is expected to be LTE by mid 2015.

          Does their EOY 2015 map (projection) look any better?

          http://www.tmonews.com/2015/02/t-mobiles-lte-coverage-map-will-look-like-this-by-the-end-of-2015/

        • Spanky

          It’s not that great in NYC, either.

        • Melissa

          It’s not? I’ve been down there with T-Mobile and it wasn’t too bad. Waaayy better then upstate NY. And, I mean they sit there and talk about how their network is faster then Verizon’s in NYC. Is it faster? Or is that just a bunch of bologna trying to get some bread and cheese with it? Lol.

        • Christopher Olson

          I have yet to see you post anything of real discussion on here so your point has no validity.

        • Fabian Cortez

          Don’t worry about my contribution to the net as my truth hit you where it hurts!

          No, the truth comes next week during Sprint’s quarterly report.

        • Truth

          Read your TMobile financials to see the real truth and yes Sprint results will be more of the same like TMobile – Cost per customer more than price per customer, hardly any LTE coverage and more losses!!

        • Fabian Cortez

          Read your TMobile financials to see the real truth and yes Sprint results will be more of the same like TMobile – Cost per customer more than price per customer, hardly any LTE coverage and more losses!!

          Like T-Mobile? Hardly any LTE coverage? More losses?

          I don’t think 275 million POPs covered with LTE equates to “hardly any LTE coverage.” Nor do I think 280 million or 300 million by years end qualifies as “hardly any LTE coverage.”

          As for losses: are you still going to ignore my previously made comment?

    • Financial Loses are there because of all the promotions like the Data Stash feature, etc. Tmobile once was one of the worse networks in the country and now are building faster than any other company including having the newest LTE technology which means that their LTE network is now the fastest. Grabbing suscribers each quarter over 1 million and also improving your network at the same rate. I must say that T-Mobile loses aren’t as bad as you are assuming

    • RiskyBidThis

      $77M on $7.8B of revenue isn’t deep, it’s miniscule and they’ve already advised investors that they expect to see profits during each of the remaining quarters of this year and overall this year.

      Adding customers is expensive, but they pay off over time. You’re seeing T-Mobile go from ~$28B in revenue last year to ~$32B this year and there will be profits, but even if there weren’t that kind of growth story will placate investors for a long time.

    • Hector Arteaga

      Seriously man, read a little before posting.

      • Truth

        Did you read the financials or you don’t read it before commenting – TMobile has not made a profit for years now – Revenues : $7.7B, loses – $73M

    • UMA_Fan

      Well they are still operating a whole CDMA network from MetroPCS. Despite that, last year (total year end) they posted a profit at the end of year.

      Once the CDMA network is fully shut down this year they could save nearly $1 billion in operating costs.

      Customers are up. Service Revenue is up. Total Revenue is up. Customer Retention is at its highest ever for the company. Coverage is increasing.

      The only fanboy here is you. You’re a hateboy. Ignoring facts and only paying attention to things that might support your negative perspective.

      • Truth

        First off, this had nothing to do with MetroPCS CDMA shutdown but more to do with the cost incurred per customer. If you are genuinely interested unlike others in this forum (who seem paid to cover up the truth) read the full financials, analysts reports and conference call. This model by Ledgere is not viable financially long term and add to the fact (as per ledgere) that they have to invest $20B more nationwide to have true LTE network laid out. But looks like as a fanboy you are paid to “abuse” anyone in these forums who asks real questions or the truth!! Good luck

        • Fabian Cortez

          You said it right there: invest.

    • Mike

      For one T-Mobile is spending big money upgrading and expanding there coverage dummy. In the end after T-Mobile will be highly profitable after there done with the tower upgrades.

      • Truth

        Einstein, first learn how to read financials or is it not taught in T mobile fanboy school!!! I guess all school drop outs get a job by ledgere on these forums. As for upgrades, According to your master Ledgere they have to spend $20B more at least to upgrade to LTE nationwide. BTW – wireless for dummies – You don’t upgrade towers but upgrade the network backbone. In most cases towers are leased. Finally financials for dummies – if you want to spend $20B and are in loses (aka no cash flow is being generated) you have to borrow – in fanboy language means “money that you don’t have at higher interest rate”!!!!

        • Feenix

          http://www.bloomberg.com/news/articles/2012-09-28/crown-castle-to-buy-t-mobile-usa-towers-for-2-4-billion
          Tmobile sold towers to Crown Castle back at the end of 2012 to finance it’s network upgrades. I applaud them for putting money back into the network. Crown Castle leases them for 28 years, which could net Tmobile even more money when they sell them. Bottom line is that they’re posting profits. I personally love what they give me datawise and that they give me matching 5gb data on each of my two ipads to match my phone. As long as I have coverage, it’s great. For the price I can’t complain and I now own my iphone 5 and just paid off both ipads. Great deal for what you get.

    • Chris Meyers

      What “losses”? Can you read? 8 Billion in revenue.

      • Truth

        Do you know how to read financials – 7.7B is gross revenue, 73M is losses Q1!

    • Fabian Cortez

      Hmm, new account. I smell a rat.

      To answer your question about the financials, have you actually tried watching/listening the event? Braxton Carter explains why they didn’t make a profit this past quarter. There’s also no reason to doubt him as he made the same assurances relating to the financial situation when they were buying out ETFs.

  • MKashi

    The churn rate is lower, but is that due to the fact that there are more postpaid customers now so the percentage goes down? Could it be that the same number of people (or more) are still leaving T-mobile but the churn RATE is lower as there are more subscribers?

  • Melissa

    Well, they told me 6-12 months ago that it was going to be updated within 6-12 months. And, their coverage is still absolutely horrible here where I live. At&t, may only give me 4gb of what they call high speed data but their 3G speeds are actually quite good up here even after hitting the 4GB limit I’m getting anywhere from 4-8 Mbps down on a throttled connection which is impressive to say the least since they say it technically goes down to 128kbps. So, I’m no longer complaining. I’m able to make calls where I need too able to listen to music unlimitedly on slacker radio with really no buffering issues and I’m able to watch Netflix and youtube videos no problem on my nexus 6 which I got from T-Mobile and now I’m using on at&t. So, I mean at&t has a very good competitive plan for those T-Mobile customers who are sick of their horrible coverage. Also, I noticed the my T-Mobile app eats battery life like no other I swapped Sims and removed the T-Mobile app and I get all day battery life now on my nexus 6 with the turbo charger being really handy too. So, I’m glad to be on at&t’s network versus Verizon or crickets service. The go phone option is very affordable and gives me everything I need in terms of coverage and data speeds.