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The competition in the US wireless market is getting fierce. Just ask T-Mobile. Citing increased pressure from other carriers offering innovative handsets, T-Mobile USA today reported a net loss of 77,000 customers in Q3 2009. The loss is striking, compared to the same quarter last year, when T-Mobile reported a net addition of 670,000 customers. Still, T-mobile USA’s parent company, Deutsche Telekom, reported a 7.2% bump in quarterly profit, increased to $1.4 billion for the quarter.
T-Mobile USA’s average revenue per user (ARPU) dropped in the third quarter, causing operating revenues to decline to $5.38 billion from $5.51 billion in the same period in 2008. As it stands, T-Mobile USA boasts 33.4 million subscribers, which is still an increase from last year. Even with a customer loss, T-Mobile USA is closing the gap with No. 3 US wireless carrier Sprint.
We’ll have to wait and see how the upcoming Samsung Behold II and BlackBerry Bold 9700 launches affect T-Mobile’s bottom line.
[Via: Forbes]
About The Author
Will Park
Will hails from The City of Angels - Los Angeles, California. He spends his time playing with his numerous gadgets and looking forward to seeing what future holds for mobile technology. An avid promoter of a fully "digital" life, he promotes the widespread adoption of truly mobile, paper-less living. He dreams of the day when he can go completely digital. No more snail mail, paper receipts, bound books, notepads/spiral notebooks, credit cards, hard currency. He's a digital warrior - fighting for the converged life. He is an idealist and a realist - he has a perfect view of what the world should be but knows that the world is not perfect. Can we ever hope to see Will's dream become reality? We'll see...
