T-Mobile reports solid Q2 2015 with growth in total net adds, income

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After previewing its Q2 2015 results earlier this month, T-Mobile today released all of the stats for its second quarter of 2015.

T-Mo had 2.07 million total net adds for the second quarter, a number that includes 1 million branded postpaid adds and 178,000 branded prepaid adds. To compare, total net adds for Q1 2015 were 1.82 million and the total for Q2 2014 was 1.47 million. T-Mobile also added 919,000 MVNO customers during the second quarter of 2015. At the end of the quarter, T-Mo had a total of 58.9 million customers.

Moving to churn, which is the percentage of customers that leave a carrier, T-Mobile reports that its branded postpaid churn for Q2 2015 finished at 1.32 percent. That’s up slightly from Q1 2015’s churn of 1.30 percent, but down year over year from Q2 2014’s 1.48 percent churn.

T-Mobile says that at the end of Q2 2015, its LTE network covered 290 million people. Big Magenta’s goal of 300 million LTE POPs by the end of 2015 is certainly within reach. Meanwhile, Wideband LTE is available in 212 markets, a number that’s expected to grow to more than 250 by the end of 2015. Finally, 700MHz band 12 coverage is in 141 markets thanks to recent launches in Miami, Denver, Baltimore, Kansas City, Austin, and West Palm Beach.

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Total device sales for Q2 2015 finished at 8.3 million, which includes 7.4 million smartphones.

Turning to financials, T-Mo finished Q2 2015 with $8.18 billion in total revenues and a net income of $361 million. Both figures are up from where they were in Q1 2015 when T-Mobile reported total revenue of $7.78 billion and a net loss of 63 million.

Finally, T-Mobile says that its increasing its prediction for branded postpaid net customer adds for all of 2015. Previously T-Mo expected that figure to finish between 3.0 and 3.5 million, but thanks to Simple Choice and Un-carrier successes, that figure is now expected to fall between 3.4 and 3.9 million.

And of course, we can’t forget about MetroPCS. T-Mo today gave an update on the effort to decommission Metro’s CDMA towers, saying that it completed all of the shutdown of Metro’s old network on July 1 with shutdowns in Dallas, New York, and Miami. All of Metro’s spectrum has now been reformed and integrated into T-Mobile’s network.

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Overall it looks like T-Mobile had itself a pretty good quarter. There was customer growth all around, a net income, network improvements, and our magenta carrier even upped its forecasted branded postpaid net adds total for 2015. Here’s what John Legere had to say about the quarter:

“While the carriers continue to use gimmicks to confuse consumers, T-Mobile continues to listen to customers and respond with moves that blow them away. On top of adding 2.1 million new customers in the second quarter, we delivered 14% year-over-year revenue growth and 25% year-over-year Adjusted EBITDA growth. Overall, I think our results speak for themselves.”

T-Mobile will hold a webcast to discuss these stats at 11:00 am ET. I’ll be sure to listen in and update you with any juicy tidbits that are shared.

Source: T-Mobile

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  • vinnyjr

    T-mobile continues to get better. I’m a 7+ yr customer and my service is fantastic. My signal is strong, data speeds are very fast, customer service continues to improve and their plans are the very best in the Mobile Industry. Thank You T-Mobile, Thank You John Legere.

    • Richard Roma

      Any improvements on the swiss-cheese coverage and poor indoor coverage in most large metro areas?

      Everything they are doing is great but these two points are still major problems with the service. I was in an apple store the other day and wasn’t even on E, it dropped to no data. Ground level of the mall, still No Service.

      Perhaps I should have carried my cell booster and placed it outside and carried the extender around with me.

      • J-Hop2o6

        Used to have a bad signal (and no signal is certain areas) at my job in Seattle, which is a brick building. Now I have signal (700A / Band 12) signal everywhere at work. FINALLY! Now I can get off the hit-or-miss wifi here.

        So yes, T-Mo is making huge/fast strides on its network. Remember, the US is a LARGE country. Takes time and money. But T-Mo has been on a roll this year (and last year).

  • Fabian Cortez

    net income of $361 million

    Profit!

    • Ascertion

      The fact that T-Mobile can profit AFTER all of these promotions just shows that carriers are charging too much to begin with. Not only that, but T-Mobile also has 20K more sites than Sprint does and appears to be rolling out upgrades faster.

      Something’s definitely up with Sprint’s management.

      • UMA_Fan

        Right it’s unbelievable that customers think what they pay for wireless is relative to what it costs the carriers

    • Goat

      I wonder how much they make sharing towers with Google’s Project Fi?

    • archerian

      Excellent performance. Over the same period, Cash Flow has decreased (even with less investment in Capex), Cash on Hand is lower, Debt has increased and more sub-prime consumers have been added. Branded Postpaid ARPU is lower, it would be even lower if tablets were added.

      • Fabian Cortez

        Excellent performance. Over the same period, Cash Flow has decreased (even with less investment in Capex), Cash on Hand is lower, Debt has increased and more sub-prime consumers have been added. Branded Postpaid ARPU is lower, it would be even lower if tablets were added.

        Yeah, no.

        Troll along.

      • tony

        shouldnt you go back to sprint and talk about how great sprint is?
        lol

      • SumYungGai

        You mean their cash on hand went down after they dropped ~$1.6 billion to pay for the AWS-3 spectrum they won?

        Shock and amazement!

  • TBN27

    Their improvements just takes away reasons to leave. When I did a road trip to Canada, most of my trip was covered in fast LTE unlike last time that it was in pockets and mostly EDGE. The new generous plans plus the addition of band 12, which I have to unfortunately upgrade my handset to take advantage of, just seals the deal to stay on board. I felt so confident about the improvements that a friend who was looking to leave AT&T, I strongly recommended him trying T-Mobile. He kept his nexus 5 and came on over. He is very happy he did the switch.

    • Aaron C

      Same here, rural NH. Last year? EDGE, roaming. This year? FULL LTE baby. I was so happy.

      • TBN27

        That’s what’s up!

  • pda96

    What I’m more interested in is……where are these new customers coming from? Is TMO sucking up customers from Sprint or AT&T and VZ?

    • Fabian Cortez

      They’re most likely coming from both AT&T and Sprint.

      We’ll find out Sprint’s numbers soon™… well, on August 4th to be exact.

    • J.J.

      well we know many from vz. have you seen there new commercials aimed at tmo. “please please come back home, well give you $300” when one of the largest carriers is paying people to come back you know they are pissed!!

      • Acdc1a

        Verizon’s come back home promotion is like an abusive husband. Come back baby, I promise I’ll never hit you again!

        • J.J.

          You know I love you girl!!!

        • gmo8492

          So bad, but it’s so true.

      • Jay J. Blanco

        I laugh so hard at those commercials it’s comical

    • tony

      t mobile is grabbing sprint postpaid customers by 4:1 ratio.

      • Ascertion

        Said in the highlights it’s a 2.45/1 ratio.

  • J.J.

    i am thoroughly impressed with the upgrades in rural/2g to lte areas. i just drove from the fort wayne indiana area east to sandusky oh using rural roads to avoid tolls(i aint payin to drive on no road lol) and had lte or faux 4g for about 95% of the time. on the way home i took a slightly modified route and went to edge only about 10minutes of the 3hour drive. plus i had 3 devices on hotspot one of which was watching netflix. plus i was using navigation. a few years ago this same trip was a nightmare. good job and keep it up!!!!

    • Jrunner

      I noticed last weekend between fort wayne and Indy that they’ve now extended the LTE coverage in general from indy metro out to the Deleware/Grant County line just north of Muncie. So getting there finally. Still more Edge/no service on I-69 than I like though, so hope the improvements continue.

      • J.J.

        Yes last time I ran down there from the fort I ran into edge on 69 I believe north of Anderson. But coming along nicely. Indianapolis band 12 just got turned on too so should have good indoor penetrating

    • PiCASSiMO

      Wished I could say the same for our drive through Michigan out of Chicago. I94, I196, and I69. Spotty.

      My Nexus 5 will get plenty of 2G Edge.
      My wife’s Nexus 4 gets even more 2G Edge when I’m on LTE.

      T-Mobile claims that previous 1700/2100 HSPA+ have been removed and have LTE and 1900/2100 left over towers. But the Nexus 4 has 1700/1900/2100 capability, so I’m not sure why she see’s 2G Edge while I’ve got LTE coverage.

      • sikety

        You need a Band 12 device. I made the drive from Chicago to Detroit (94 the whole way) about a month ago. I had my HTC M9 mounted right next to my wives Iphone 6. I had LTE 95% of the trip, her Iphone that does not have Band 12 was probably only 70-75% LTE.

      • VG

        The Nexus 4 does note support LTE at all unless you have unofficially hacked it to enable LTE support. Out of the box, Nexus 4 supports HSPA at best.

        And the Nexus 5, while it does support LTE, does not support T-Mobile’s new Band 12. It may be time to upgrade both your phones if you want the best possible T-Mobile experience in your area.

      • J.J.

        Might just be the radio is not as good. But by January Michigan should be covered in band 12 but that would require a newer phone for you both

    • Aaron C

      Last year, traveling in rural NH for our vacation, it was all 2G Edge and roaming. Waze was unusable. There was no LTE north of Holyoke MA.

      This year? HUGE difference. Just about every major road was LTE all the way throughout NH, and most populated areas had LTE. If you hit a section with no signal, LTE wasn’t far down the road. The only area we hit that had no data coverage at all was Littleton, NH (Loon Mountain). I was surprised. But other than that, we were in LTE most of the vacation.

      TREMENDOUSLY impressed by the progress T-Mo has made with coverage.

  • Joe

    I can say that T-mobiles network has greatly improved but when I drive from carlotte NC to Ashville it still is pretty bad 1-2 bars olte in the mountains is horrible (barely works) and I’m still losing connection. This is on an s6 on the freeway so just imagine what is is on the roads. If they plan on improving the coverage there by the end of 2015 as it shows on there map than it should be much better experience traveling to TN.

    • Justin Smith

      A T-Mobile engineer said that they would never deploy a site without backhaul.

      • Joe

        Hmm that’s strange cuz I don’t think 0.5 mbs on b2 5×5 lte in a not very populate area is any good.

    • Raiterio Patterson

      JOE! How ya doin’?! I read your post on HoFo! T-Mobile has greatly improved in North Carolina, I should know. I live in B.F.E. outside of Gastonia & LTE was slow in 2012…now after checking Sensorly there’s LTE in: Cherryville, leading into Lincolnton, Crowder’s Mountain, Southern Gastonia, Forest City, Greenville, New Bern, & Shelby. LTE in North Carolina has gotten so much better in the past 3 years. Also, I finally bit the bullet & got an iPhone 6 on EIP. Signal is lot better at my house on the back porch, but I really need 700MHz LTE. I hope T-Mobile buys some from the squatters that own it in North Carolina. Sooner rather than later.

      • Joe

        Yes it has and an aria in my subdivision that had no signal finally got fixed and I’m pulling 15 down. But the far West of NC is still rather pore that is the next step. And it will require new towers.

        • Raiterio Patterson

          You talking about far west past Asheville?

        • Joe

          Yes but even driving on 74 going towards Ashville is bad.

        • Raiterio Patterson

          Yes there’s a big gap between Asheville and Forest City

  • kevev

    Good job T-Mobile!
    San Antonio west/north-west side could use some backhaul love. LTE is like dialup & HSPA is like UMTS. Downtown getting bad too. Been like this for over a year.

    • Justin Smith

      Probably a capacity issue, not backhaul. Airlink gets congested far before backhaul is most of the time.

  • 9to5Slavery

    I’m still getting throttled

    • PiCASSiMO

      How much data do you download monthly?

    • vrm

      good for you ( and everyone else).

    • Fabian Cortez

      I’m still getting throttled

      Irrelevant to the article but if you’re on a tiered plan, then yes, you’ll be throttled after you use up your allotment.

      • 9to5Slavery

        On unlimited

        • Fabian Cortez

          On unlimited

          Truly unlimited?

          If you feel you’re being throttled then you are experiencing deprioritization due to congestion at the cell site.

          Change sites and you won’t be “throttled.”

        • 9to5Slavery

          i know. it follows me.

    • Chris

      I’m not. haha

  • Luis Espinal

    I absolutely love the part where it was recognized that those who are using Google Fi are normally on tmobile and not on Sprint. I wanted to try this but I realize that i use way more data. My coworker is on Google Fi and it is so freaking true, he has yet to see sprint show up on that phone. We both work in Manhattan so obviously t-mobile was the winner or the only option I mean and last weekend i joined his family on a camping trip up to the woods upstate New York, I was on phone check duty and I never saw sprint show up! In the freaking woods his phone had T Mobile pop in and out but never sprint. I wonder if Google is going to realize that Sprint is probably not even necessary on the project.

    • Fabian Cortez

      This is why Sprint put in that clause for renegotiations should the service price popular.

  • UMA_Fan

    There’s an article on RCR wireless that DT is rumored to be looking to purchase Sprint

    • Jay J. Blanco

      Wow let me go read

    • kiiKane

      That would be from 1999 :) note the title, … This week in 1999.

      • UMA_Fan

        Whoops sorry.

  • mingkee

    Rapid customer growth may bring a lot of strain on the network.

  • TK – Indy

    Edge to LTE conversion not complete by mid-year as was promised. Clean miss – Indiana still almost all Edge.

    • JMF_mobile

      Much of the same in Iowa.

    • Glenn Gore

      Yep, I would venture a guess that that program is dead and will never be mentioned again.

    • My guess is that the radios on the existing towers were upgraded to include LTE in the PCS band, but no new towers were installed. Without new towers, the coverage with any signal would not change and, where it’s marginal, 2G has better chances of working than LTE when the signal is too weak. I still see plenty of spots where only 2G works, though not too far away it improved to LTE.

    • AngusMightHaveABeef

      I think there is still a TV channel 51 conflict in Indiana that is keeping them from rolling out the new radios.

  • Nick

    A few years ago I could only get LTE maybe 30-40% of the time going down I-75 from Cincinnati to Florida. Now I get LTE 95% of the time. Keep up the amazing work tmo!!

    • TK – Indy

      All these people have T-mobile, and they know that this is exaggerating beyond a little. Nice try, though.

      • Nick

        How can it be exaggerating? There used to only be LTE/hspa in larger cities (as you should know) but now they’ve expanded it between cities and on interstates. Trust me. I would know

        • Jay Holm

          That guy probably isn’t speaking from first hand experience as a T-mobile customer.

        • Nick

          “These people all have T-Mobile” Oh the irony lol

        • Fabian Cortez

          It’s always best not to feed the trolls on here.

      • Chad Dalton

        Coverage is alot better, but still lacking in a few places, call quality sucks at times, as well as texting, I have to restart my phone several times to get it to make call, receive proper data, and send text! I don’t mind dealing with that, the good definitely out ways the bad!

    • Chad Dalton

      I hate going throug west Virginia, roaming on att

  • Cam Fas

    Glad they gave a coverage update hopefully at the end of the year they can surprise us and cover 303 million at this pace I see no reason why they can’t match Verizon and att coverage maps in under 8 months especially if Verizon only covers 306million

  • Jay Holm

    I wish T-mobile had 15 or 20mhz of LTE spectrum here in Galveston Texas, we only have 10mhz here, dissapointing. Houston has 20mhz.

    • Galveston should be covered by the same licenses for 20MHz in the AWS band as in Houston.

      • Jay Holm

        Ok, my mistake, I’m on Seawall Blvd right now, and did the *#0011# thing, and am getting 15mhz, then did a speedtest and got 45mbps.

        • It was a fair question as one never knows how TMUS would manage its mobile network here and there.