Competition Weighs On T-Mobile USA: Q2 Sales Down To $4.9B, Customer Figures ?Continue To Present Challenge?

With parent company Deutsche Telekom posting its quarterly earnings today, T-Mobile USA has reported its Q2 operating results. Despite moves it is making to ramp up its network and handset lineup to compete with the bigger boys, T-Mobile -- the only big U.S. carrier yet to offer the iPhone -- saw revenues decline by 3.3% to $4.883 billion, down from $5.034 billion a year ago, and down from $5.050 in Q1. Meanwhile, T-Mobile USA branded customers now stand at 26.595 million, compared to 27.808 in the same quarter a year ago, a decline of 4% (including MVNO and M2M, the numbers still went down to 33.168 million from 33.585 million). Net income was also down, to $207 million from $212 million the year before. And despite the fact that the AT&T deal to buy T-Mobile got ditched in December 2011, the operator is still recording items on its balance sheet related to it.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/vcoBRz3VvOU/

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