T-Mobile reports Q1 2017 results, adds another 1.1 million customers

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UPDATE: T-Mobile says it will have a 600MHz-capable Samsung device by the holidays this year, with other OEMs making plans for their own 600MHz products.

UPDATE 2: Another Un-carrier move coming before the end of this quarter (which ends June 30).

 

ORIGINAL: T-Mobile’s Q1 2017 results are in, and the Un-carrier has grown again.

T-Mobile reports that it added 1.1 million customers in Q1 2017, which means that it has added more than 1 million customers every quarter for the past four years. Of that 1.1 million, there were 914,000 postpaid customers (798,000 of which were phones) and 386,000 prepaid customers.

Also of note is that postpaid churn fell year-over-year, going from 1.33 percent in Q1 2016 to 1.18 percent in Q1 2017.

At the end of Q1 2017, T-Mobile had 72.6 million customers.

On the network side, T-Mobile covers 314 million people with 4G LTE, the same number that it reported in Q4 2016. T-Mo’s goal is to cover 321 million people with LTE service by the end of 2017. To achieve this, T-Mobile is both adding new spectrum and refarming existing spectrum.

extendedrangelte

Also of note is that Extended Range LTE (aka 700MHz) coverage is now available in more than 530 markets covering 269 million people. That number was at 252 million people in Q4 2016. With the recent arrival of Extended Range LTE in Chicago, T-Mo says that it has “substantially completed” its rollout of 700MHz A-Block spectrum.

T-Mobile also recapped the results of the recent 600MHz spectrum auction, in which it spent $8 billion for an average of 31MHz of 600MHz spectrum that covers all of the US. T-Mo expects that at least 10MHz covering more than one million square miles will be cleared in 2017 and that it will begin deploying this spectrum later this year.

Other network tidbits revealed by T-Mobile today include the news that Wideband LTE coverage is now at 235 million people, VoLTE makes up 70 percent of voice calls on T-Mobile, carrier aggregation is live in 754 cities, and 4×4 MIMO is available in more than 340 cities.

Finally, T-Mobile pulled in $9.6 billion in revenues for the quarter, up from $8.7 billion year-over-year. Net income for the quarter also grew, going from $479 million in Q1 2016 to $698 million in Q1 2017.

As usual, T-Mobile and CEO John Legere will be hosting a conference call today to discuss these results and probably take a few shots at the competition, too. I’ll be listening in and will report back with any interesting details that are shared.

Source: T-Mobile

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  • NinoBr0wn

    Seems like yesterday we were in the 40-50 million range. It’s crazy when I think back to what the network was when I first signed up.

    • Bud

      so true.

    • steveb944

      I signed up 2 decades ago, it’s changed quite a bit since then.

      • NinoBr0wn

        I’ve been with them 14 years. I remember when I had to sit my phone in a certain spot in some rooms in my house just to keep a signal.

        • mikeZo6

          I’ve been with them 17 years Tmo has come a long way since then, but CEO John has made the most improvements when he took over keep going John thank u !

        • Jay Holm

          I like the CTO Neville Ray also…

  • Bklynman

    I don’t travel much so how is the coverage on the highways and rural areas that people that people complain about lack of coverage.

    • ChristianMcC

      I live in Utah and travel maybe once a year to Vegas from the SLC area. I get LTE coverage in about 5 cities on the trip once outside of the more populated areas of greater SLC, so enough to download what we need if forgotten before ​leaving home. Not 100% coverage but we’re happy for the price we pay. When we were in Puerto Rico last month we were great on coverage minus in the rain forest and when we took the ferry to Culebra and on that island.

    • KingCobra

      They cover almost all of the interstates now. For rural towns not near any highways then you probably check the coverage maps first.

  • Stephen

    it would be nice if the upcoming note 8 was the device to get 600mhz.

    • Cellphone Chris

      Seems probable when you consider the timing – Samsung isn’t likely to launch a mid-tier device for the holidays that includes 600MHz. The Note 8 is the only other flagship they’ll launch this year if they follow the usual cadence.

      • Acdc1a

        Remember the Avant? First Band 12 phone…

        • Cellphone Chris

          Holiday launch?

        • Acdc1a

          7/30…Note 8 is possible but not necessarily the only.

    • Jay Holm

      Likely will, but I bet it will require a software update to enable at a future time, doubt 600 will be enabled out of the box.

  • Matt Macaluso

    No move AH?

  • jj201367

    Another uncarrier move? Awesome

  • Tony Chen

    wow verizon unlimited plans didnt affect t mobile awesome.

  • Paul Garrison

    T-Mobile is a runaway train now. Not even unlimited plans from Big Red and the DeathStar can slow it down. Geesh!

    • Acdc1a

      The only thing that could stop the party is an aggressively priced offering from Verizon or AT&T. The odds of that happening soon are very slim.

      • Jay Holm

        After all these improvements and awesome rate plans Tmo has made over the past 3yrs the Big 2 still aren’t bleeding much customers…..what the heck?!?!?

    • frankinnoho

      Well then, let’s hope they pause and take a breather while the network capacity is built out. Speeds have been suffering a lot lately. Two or three years ago is was easy to poll 25 to 45 Mbps, even at noon. These days just not seeing that kinda speed most places. In Downtown Reno the other day was suffering with dial-up type speeds, as in 56 Kbps!

      • Locust Gee

        My area has gone from <0.750 Mbps to 7-8 Mbps in last 2 years with all the expansion. They'll get to you.

        • Brandon

          What state do u live in?

        • Locust Gee

          Central Indiana

        • tcheney

          About what area I’m between Muncie and Fort Wayne and Tmo is a spotty at best. Shows all pink on the site, but I see no service a lot

        • AJ2

          7-8 is good to you?

        • Locust Gee

          Context is missing with you?

        • Melissa Cardenas

          7-8 is better than having .07 before. With 8 mbps you can video chat, use music apps ,email and browse the web just fine and getting driving directions works fine

        • marque2

          Not sure why I need more than 7-8 on my phone. What do I need 45Mbps for except bragging rights? 7-8 is enough for a 4K movie, which is about as data intensive as anyone gets on a phone. In fact all the Internet in my home is from my Tmo phone hotspot @ about 7-8Mb/s (phone gets about 25, but for some reason hotspot is throttled) and I haven’t noticed a problem, except when I try to talk on the phone at the same time.

          Now lifting the max throttle point from 30 gigs to 60 gigs might do something for me.

  • Corey Jalette

    Yessssssss! Love uncarrier moves!
    Hopefully it’s not a bummer this time.

  • The Waz

    Where did you hear the next uncarrier move is coming?

    • Corey Jalette

      If you look on their YouTube page, they did an earnings call today and John Legere said it towards the end of the video.

      • The Waz

        do you know the time stamp? i checked and keep missing it!

  • Cg Cg

    new iPhone will have 600 frequency

    • Sharti24

      Negative. The 8 is already in production. Plus thats how apple gets you to buy a new phone. Ie iphone 6 vs 6s

      • The truth-ier

        says the person who knows nothing about the next iphone, but guessing in a matter of fact way sounds good i guess.

        • Acdc1a

          The 6 and 6 plus didn’t support band 12. The 8 will not support 600…

        • Phone Guy

          Correct.

      • bkat11

        Until you see FCC filing showing this you have no clue

  • Dakota_Offspring

    Congrats to T-Mobile but I am really let down by their Canadian roaming coverage. Coverage in Canada (specifically Manitoba) is nothing but a complete lie. All because they lost their roaming agreement with Rogers so you only get coverage in Winnipeg with Telus. Yet T-Mobile still shows coverage as if they were roaming with Rogers

    • Greg Dalin

      at least be happy you have free roaming there :)

      • Dakota_Offspring

        Well that does me no good since I hardly ever go to Winnipeg. My girlfriend gets free roaming on Rogers with AT&T and has coverage all over Manitoba. More than likely will end up having to switch because of this BS.

        • Phone Guy

          It’s good business sense, not BS. For the 6.2 people that go there every year from T-Mobile, the new arrangement is probably better for them.

        • Dakota_Offspring

          T-Mobile just lit up North Dakota with LTE and opened new retail stores for the first time. A lot of people in ND go to Canada on a daily basis, idiot. But yeah, good business to not have a roaming agreement in a new market that relies on roaming in a adjacent international province. But it’s okay for T-Mobile to lie about it on their coverage map anyway.

  • Zach Chadwick

    How many active postpaid subscribers does AT&T, Verizon, and Sprint have?

    • Corey Jalette

      Google is your friend.

      • marque2

        Google is not your friend. Google is evil and uses you, by gathering your info and selling it to the highest bidder then using the money to subvert the country by funding left wing political campaigns. But it can be used to find the data above, though you might just go straight to Wiki

        • vrm

          So true. I didn’t believe when EU wanted to fine them for anti-trust behavior but I can see first hand how they skew search results. It is terrible esp when you are searching for news or information (nothing to do with shopping).

          They put fake news and propaganda first and bury the real news.

        • Sectime

          Both of you Amazon is having a sale on tinfoil hats…. Google it.

        • marque2

          Bezos is a piece of work himself.

        • marque2

          The fake news/propaganda on news.google.com is another issue with them.

    • Phone Guy

      Less and less now. :)

    • Jason Caprio

      Verizon: 145.7M
      AT&T: 135M
      T-Mobile: 72.6M
      Sprint: 59.5M

      I would say Verizon and AT&T are doing just fine.

      • Spanky

        In less than two years, T-Mobile not only dethroned Sprint, but lapped them. That’s an rather impressive feat.

        • Jason Caprio

          I agree! Despite T-Mobile’s shortcomings, they have definitely come a long way and inspired some real competition between the big dogs. Sprint is a complete joke!

        • Sectime

          Sprint should get the win for that effort, idiots that they are.

        • Jason Caprio

          I think I should say. Sprint needs to change their motto from “We’re within 1% of Verizon” to “We are within 1% of T-Mobile” lol

          While Verizon and AT&T still has the overall lead, T-Mobile’s coverage DESTROYS Sprint.

      • Locust Gee

        They have more to lose too than TMO…

  • mikeZo6

    Yea long long road with them been with Tmo 17 years

    • Allen Alberto Enriquez

      Wow I thought I had them for a while! Basically you got it from the get go! What was your phone purchase if I may ask?

      • E647

        Voice steam-Ericsson flip!!!

      • mikeZo6

        Nokia bar phone black and white screen

    • Jay Holm

      Back when they were Voicestream?

  • Allen Alberto Enriquez

    Wow! Tmobile US has out beat its parent company DT and has shadow VZ killing almost 300,000! In medieval times that would have killed a empire.

    • Mike

      That’s why DT doesn’t want to sell T-Mobile any longer. Next Sprint will merge with Sprint and Tmobile can take their Spectrum & the customers they have left. T-Mobile will then be takeover 2nd place.

      • Francisco Peña

        Well.. Sprint has tried merging with Sprint for years, but even that failed…. lol

        I get what you meant though.

  • Francisco Peña

    please let the next uncarrier be 2 lines unlimited, with taxes included for $70… kill em all…

    • Sharti24

      4 for $100 would be nice

      • Nobody Special

        4 for $100 was nice…. but
        5 for $100 is better (that’s what I have).

        I started with 2 Unlimited Lines for $100 then I added:
        2 Free Lines on Black Friday
        1 Free Line on March 1st

        • Sharti24

          If you used the 20% insider hook up promo code you’d be down to $80. Then if you used less than 2GB on all 5 lines you be at $30 for 5 lines lol

        • Nobody Special

          unfortunately that is not possible in my case, because I am on the previous Simple Choice Promo Plan. But, If I had the T-Mobile One Plan the things you mentioned would be plausible. Im happy with what I have with T-Mobile, they have been very generous to even us grandfathered plan holders… but those Kickbacks, and Hookup codes were available only if we switched to the new plan.

          But, You will be able to probably build your plan to $30 for 5 lines in time if T-Mobile do another free line promotional deal in the future. I doubt T-Mobile will give me any more benefits to stay content with my current plan. They want Simple Choice Plan customers to migrate to the T-Mobile One Plan, which has happened since the introduction of the KickBack feature… I wish i was able to take advantage of all the new promotions… but im happy for now with what i have, and wouldnt go to a newer plan unless T-Mobile paid me $5,000 to switch…. even then i would say no… because I save $245 per month with my plan :)

    • Mike

      Stop being greedy T-Mobile bought up the Spectrum auction which was cheap at all. Be happy that 2 lines are only $100 and that promos were ran for 2 free extra lines. If you want 2 lines for $70 go to Boost Mobile.

      • Francisco Peña

        Not being greedy, being realistic.
        Want to strike more death blows to the bigger guys, sweeten the pot even more. ATT lost 340K+, VZW lost just as many.

        In this instance, cutting prices a bit more won’t harm TMo too much. You think people are going to leave VZW in the boonies because TMo bought spectrum? These are folks who have ONLY known VZW in that area (or ATT). They won’t leave if the prices are similar. I left VZW BECAUSE of the price difference at the time, otherwise if it was similar, I’d be Red still.

        Now make it tempting, and yes, they will leave… For any business, quantity is what they want. 20 people paying $70 is better than 10 people paying $100. Scale that out and TMo won’t suffer.

        I took a free line, and 5 months later FINALLY got the bill fixed. But I already have 2 lines with TMo, 3 actually, for $70. Last summer they offered two lines with 6GB ea. I downgraded to that, and with my 20GB Stash I’ve accrued, have made it work. Then for Magenta Friday, got the free line (minus taxes). so 3 lines for $70. not bad. That isn’t around anymore though.

        But if TMo wants to hurt VZW and ATT any more, $30 savings for people, WILL make more leave those companies…

        • Mike

          T-Mobile has to make money at the end of the day… BTW that’s what Metro PCS and other MVNO is for.

        • Francisco Peña

          They aren’t going to lose money, just not get as much as before on a per user basis, but overall should increase even more as more folks will come due to lower prices. If they want, they could just kill the free line offers they do, charge a minimal fee (say $20per line), and come out even better.

          People with the 2 lines for $100, could have taken advantage of 2 free lines. So 4 lines for $100 unlimited. They really making a lot of money there, huh Mike??? Remember this is only certain times of the yr.

          Now if they charge $70 for 2 lines, then charge $20 for each seperate line, its only $110 (for 4), but still more than the $100 from before. But those that don’t need 2 extra lines, you still get a deal.

          I’d give up the Tuesday deal just to get lower monthly. I don’t need to watch Vudu/Hulu. I don’t need MLB Premium, etc….

          but mark my words.. its coming… “for a limited time”
          We both know grandfathered VZW UDP users refused to leave even as they went through the phase of raising rates. $40ish isn’t a big difference to sway rural people that have had VZW for yrs, and have that notion that TMo isn’t as good where they are.
          Now make that $70… yeah, they’ll leave.

        • Mike

          Dude just quit it you’re are trying to get 2 unlimited lines for $70 go to Metro PCS or Simple Mobile . T-Mobile is not a MVNO. T-Mobile gives enough deals . 2 lines for $100 plus I have two free extra lines that’s good as it gets. T-Mobile can’t kill off your free lines long as your account is in good standing. Also TMO is still making money on the free lines you still have to pay the taxes & fee’s. Point period T-MO is a publicity traded company and things are going well theirs no need to low ball and shorting revenue. Especially at a time where TMO spend the most money in the Spectrum auction.

        • Francisco Peña

          Someone get his tightie whities in a wad???

          I didn’t imply that those grandfathered with free lines would get them take it away. However, stop giving free lines out then in the future. And the taxes don’t go to TMo anyways, so they not making money on those.

          TMo is a publicly traded company, not publicity like you say, although they get enough publicity. But I guess you don’t know how business works. Why did TMo do $100 when everyone else was more? Because they could, and they knew people would leave the other companies to come over. So TMo for awhile offered 2 lines for 10GB for $100. then unlimited. Then they went back to 10GB, Then they moved it to 6GB for the same deal. Then to unlimited again which is where they are at. Did it cost them anything special to make all those data changes? no. Equipment charges are set, so all they are doing is adding code to restrict you when it goes over a set amount. Then last yr, they added a 2 lines for $70/6GB deal. I’m sure even more people flocked to that. So again, they can offer a limited 2 lines/$70/Unlimited, as we’ve seen them offer that price point before, and based on the $100 point, they have flipped it from 10GB to unlimited to 6GB to unlimited again without harming themselves.
          So again… if all someone drives is a Honda because that’s the only dealer in the area, and they love Hondas and their high price points.. they gonna drive a Chevy (better equiped) if a new Chevy dealer comes to town and if its $500 cheaper? no. Now would they consider getting a Chevy if its $6000 cheaper? yes.
          But hey… you keep on ranting and raving about never getting a deal.. I hope you uninstall the Tuesday app there bub. or buy a car at full MSRP.

        • Mike

          Comparing car dealerships is irrelevant to this topic compacting 20k cars and alot individuals don’t qualify for the tv promos anyway . Also fees from the free line goes to TMO even if it’s not much but it adds up plus it increases the subscriber count. Why don’t you go to Verizon and ATT and tellthem to lower their prices and see how that works. Plus you’re so stupid to realize that the 2 lines for $100 all in is basically the same as 2 lines for $70 once you include taxes and fees. Sprint sounds like that’s where you need to be.

        • Francisco Peña

          Now personal attacks… whoo hoo!!! finally broke you down. You are welcome…. you must own one of those free stocks from the Tuesday deal and getting all uppity.

          Not all the fees go, and I specifically said “taxes.” Go look again, you said TMo would get paid from the taxes and fees. I said they don’t get money from taxes. And no, $70 and 2 lines with taxes ISN’T equal to $100… No where close. You think the bills have $30 in taxes??? Well, maybe your state. My state doesn’t..

          and comparing car dealership is still valid, as its still a product, like any other. In this instance, TMo wants to get out to rural areas.. the same ones that VZW and ATT have a stranglehold on for years. You think TMo coming in at $100 for 2 lines will sway alot of people to switch, once the spectrum is finalizied? The same people that know only VZW/ATT work and nothing else. The same people that kept VZW grandfathered UDPs even when prices for those DOUBLED?? no. You think $40 savings is enough to move enough people over? No. Not as many as I’m sure John would love to poach. Now, if they offer a deal that is $70 less than what they pay now, which for some is half off, you think folks will be more eager to jump? yes.

          TMo isn’t going to lose money, as they have all these TMo subsidied deals on Tuesdays and deals on phones and such. Many phone deals work for current subscribers anyways, so they not making additional money from us. So what is the current goal you say??? To get MORE subscribers… Again.. back to the initial point… you want to increase subscribers quicker, make it more financially attractive, as the lower revenue hit will be offset by the increased numbers of subscribers.

          If they offered a similar deal (say for a few months) and as a result doubled their growth in a quarter because of it, would the temporary decrease hurt? No. If they even just got an additional 500K subscribers for the new deal, that is still $35M in new revenue each month. $35M more than what they would have had. And again, that would probably be 500K that the other guys lost.

        • Mike

          2 lines on TMO is $100 flat nothing extra. 2 lines on Verizon is $140+ taxes and fees. ATT is $145+ taxes and fees for 2 lines. With TMO your saving around $70+. So stop complaining about TMO 2 line prices and go get Straight Talk instead.

      • Jay Holm

        $100 for 2 lines is nothing to complain about!

    • Corey Jalette

      There should just do another add a line for free offer. Those are amazing. Just limit it to 2 free lines per account so people aren’t taking advantage of the free lines offered.

      • Andrew Singleton

        that’s already how it works

    • AJ2

      Do something for single people with one line…even for a weekend

  • Sharti24

    http://imgur.com/a/YYzG1?mobile=1

    I’ve Been noticing new antennas going up in my area (akron,oh) anyone know what manufacture makes those bottom antennas? I know for a fact that theyre tmobile. Maybe theyre capable of running 600mhz on them at some point in time…

  • KingCobra

    T-Mobile is just continuing it’s fantastic rise. Even once mighty, Verizon who was “too good” to compete with the likes of T-Mobile just had a terrible quarter riddled with losses mainly due to competition from T-Mobile. I love it.

    • Travis Peregrin

      I had originally expected T-Mo to gradually erode ATT and VZ’s market share until the three were roughly equal, but now I suspect in the end it will be ATT and T-Mobile slugging it out and VZ largely wondering WTF happened. Their strategic choices in this spectrum auction were almost a caricature of corporate bureaucratic paralysis.

      • Jay Holm

        It won’t be til 2019 that Tmo will really close the coverage gap with Vzn & ATT.

  • AJ2

    Definitely impressive . I dont understand why Tmobile customers are obsessed with increasing customers. Eventually it will mean lower service quality for you. As a single person, Id give Tmobile another shot if they’d give me the same $50 price they’re giving duos. Until them Im still saving a lot with MVNOs

    • Travis Peregrin

      I think it’s important to note here that this 600mHz spectrum is completely unused and unpolluted by legacy 2G and 3G users. And matches Verizon’s spectrum holdings in this range. It’s hard to overstate what a competitive advantage this is for T-Mobile as they have effectively been granted a nation-wide interstate with zero customers on it right now. Why NOT expand customer base? More customers means more revenue for innovation and more competition for VZ and ATT to improve their business practices and offerings to retain their own customer base. Competition means all of us win, regardless of carrier.

      • bkat11

        Well said sir! Not to mention the bandwidth they have on the 600mhz block! Some areas they have 25×25 and most have minimum 10×10 to supplement their AWS holdings where they have 20×20 in most areas. They already are refarming PCS holdings with 10×10 on band 2 and they always have 5×5 Block A 700 mhz to fall back on. Verizon won’t even come close to this type of coverage with 4xCA and have positioned themselves to deal with unlimited usage.

        • Jay Holm

          Very few places, as in less than a handful have 25mhz of 600 licenses. At least that I have noticed looking on the 600mhz license map. Anywhere in Texas, I would like to know that!

        • bkat11

          Well aware Jay. That’s why I said “some areas and most have minimum 10×10”

    • Corey Jalette

      Why wouldn’t you want the company to grow? They’ll get bigger, even better, and have more money to throw in better stuff for us to take advantage of.

    • KingCobra

      More customers > more revenue > more improvements can be made to increase overall coverage and service quality. If T-Mobile was currently in a position with perfect coverage everywhere for everyone then it would be fine to not grow.

    • Jay Holm

      Because the U.S. market needs to be leveled out, that’s why! Vzn & ATT both have 100m customers, it isn’t healthy for the market to be controlled mostly by 2 companies.

  • The Waz

    where in the earnings call (time) does John state that a new uncarrier is coming in Q2 2017?

    • Corey Jalette

      Watch it at the end. Someone asks about it and he says they’re thinking of something but can’t give a hint because it’ll give it away. Another pain point though with every carrier was our only hint.

  • Sharti24

    Anyone notice new tmobile towers/antennas going up in their area?

  • Jay Holm

    Carrier aggregation is barely deployed in Houston!!!!! Barely anywhere!