T-Mobile’s Winning Run Continues

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T-Mobile’s golden run continued through the second quarter of 2015 as the Magenta Network impressed again by recording more than 1 million overall postpaid subscribers for the fourth consecutive quarter. The company’s success has been unprecedented, but it shows no signs of slowing as 760,000 of the new postpaid’s were phone subscribers. Overall net additions stood at 2.1 million, making the ninth straight financial quarter in which the company has drawn in over 1 million net customers.

As for details, the fourth largest carrier in the United States recorded revenue of $8.2 billion, which is up 14% year-on-year. That overall revenue made $361 in income for the company, an improvement over the $63 million loss made through the first quarter of 2015.

T-Mobile declared a while ago that it would bring its 4G LTE to 300 million Americans eventually , and the company is now close to that figure, with 290 million currently able to get coverage.

"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."-John Legere, CEO & president, T-Mobile

Author: Luke Jones

Luke Jones is a qualified tech writer who graduated from Glamorgan University in the United Kingdom four years ago. He has since written tech for numerous websites while also freelanching on a range of other subjects.

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