Thursday, November 10, 2011

T-Mobile USA Q3 2011 earnings: income and smartphone subscribers rise, net income at $332m

T-Mobile USA Q3 2011 earnings: income and smartphone subscribers rise, net income at $332m

T-Mobile USA issued its third quarter financials, and things are looking up over last quarter - if only just slightly. The carrier posted service revenues of $4.67 billion - that's a modest 0.1 percent increase over the second quarter, but down 0.9 percent over this time last year. Net income, meanwhile is at $332 million - up 57-percent from Q2 2011 and four-percent from Q3 2010. The quarter also saw the addition of 126,000 customers (includes postpaid and prepaid users) - a marked improvement from the loss of 50,000 last quarter.

Engadget, T-Mobile USA Q3 2011 earnings: income and smartphone subscribers rise, net income at $332m