T-Mobile and its bombastic CEO John Legere have been making waves in the US wireless industry, and consumers have been taking notice. According to the latest quarterly earnings report filed by T-Mo, the carrier is now larger than its competitor Sprint, making it the number three runner in America. T-Mobile claims 58.9 million subscribers in the US as of July, narrowly besting Sprint's reported number of 56.8 million from today. T-Mobile has added at least a million customers each quarter for the last nine quarters, and 2.1 million in the last three months.
In truth, T-Mobile may have actually passed this milestone some time ago. Read More
John Legere just got done announcing yet another uncarrier initiative, and now we see what all those changes have earned the smallest national carrier—it's not actually the smallest anymore. T-Mobile reports 2.1 million net customer additions in Q2, bringing its subscriber count to 58.9 million. Sprint has only 57.1 million customers.
Sprint posted its fourth quarter earnings this morning, and they definitely painted a mixed picture of the company's financial position. On the one hand, the Alamo of unlimited data increased its subscriber base by 1.6 million in the last quarter, with big thanks likely owed to the addition of the iPhone to Sprint's lineup - giving them a significant advantage over their primary price point rival, T-Mobile.
Unfortunately, also because of the iPhone, the company managed a $1.3 billion net loss for the quarter, owed in large part to the massive cost of providing the device ($15.5 billion over 4 years) to customers at heavily subsidized price points. Read More
They say that there are two sides to every story, and that certainly holds true for Sprint after they announced their second quarter 2011 results this morning.
Once again, the network has reported that in the course of Q2 2011 it has wrapped up more than 1 million net wireless subscriber additions, increasing their revenue from consumers. The quarter is also Sprint's fourteenth consecutive quarter of improved customer care satisfaction, showing that customers are enjoying the unlimited plans currently being offered.
“Sprint’s second quarter results, including our fourteenth consecutive quarter of improved customer care satisfaction, our best ever postpaid churn, more than 1 million net wireless subscriber additions and wireless service revenue growth, validate that our focus on providing simplicity, value and an unmatched customer experience is working,” said Dan Hesse, Sprint CEO.