14 DAY TRIAL // T-Mobile USA has just published its Q2 2011 financial results, which show a bit of an improvement in comparison with Q1's results, especially when it comes to the total number of customers and data revenues.
According to the report, T-Mobile USA lost 50,000 customers in Q2 2011, an improvement over the 99,000 customers that the carrier lost in Q1 2011 and 93,000 in Q2 2010.
It appears that T-Mobile USA is now the fourth-place carrier in the country when it comes to customers database, as the network operator has about 33.6 million customers.
In addition, the carrier reported data revenues per user of $13.60, up $2 from Q2 2010, and claims to have 10 million 3G/4G smartphones users, which is a 50% increase from this time last year.
Currently, T-Mobile USA is known for its HSPA+ network capable of reaching speeds of 42Mbps, which covers more than 170 million people in over 100 markets.
“In a challenging market, we are seeing some encouraging trends in the quarter, particularly with our prepaid product growth and our year-on-year contract ARPU increase, thanks to all-time high of 29% of our customer base using 3G/4G smartphones. While contract churn continues to be high, we are focused on upgrading our customers to higher quality products and concentrating on retaining our loyal customers,” said Philipp Humm, president and CEO of T-Mobile USA.
However, the report shows that the carrier's total revenues were slightly lower at $5.1 billion from the $5.2 billion reported for the previous quarter.
“We also continue to focus on customer value through further network upgrades where we now reach more than 170 million Americans with even faster speeds, through our large 4G Android device portfolio, and by offering affordable unlimited rate plans,” added Humm
Also, T-Mobile USA reports that its service revenues are still strong at $4.6 billion, which is a slightly 1.7% decrease from Q2 2010.