Wow, what a year 2011 was for T-Mobile. We watched as AT&T tried to purchase T-Mobile USA to no avail, while Verizon, Sprint, and AT&T all launched the iPhone 4S and made progress towards their own respective LTE networks.
In fact, the latter two items hurt Magenta so much that its revenue dropped 3.3 percent in the fourth quarter of 2011. Ouch. Don't underestimate the underdog, though; T-Mo has a plan.