Posts Tagged ‘$207M’

T-Mobile loses customers

T-Mobile loses customers

Posted on 09 Aug 2012 at 12:04pm

T-Mobile USA continues to bleed its most valuable customers as the carrier struggles to keep up with its fellow national rivals.

The carrier, a unit of Deutsche Telekom, said today it lost 205,000 net customers in the second quarter, largely due to a defection in customers with long-term contracts.

T-Mobile posted a second-quarter profit of $ 207 million, down slightly from $ 212 million a year ago. Revenue fell 3.3 percent to $ 4.88 billion.

The company’s subscriber results look a lot like Sprint Nextel’s struggles with customer growth over the past few years, with staggering losses on the contract side offsetting progress made on…