T-Mobile US, Inc. Reports Operating Results for Fourth Quarter and Full Year Ended December 31, 2013
January 09, 2014 at 02:31 am IST
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T-Mobile US, Inc. announced operating results for fourth quarter and full year ended December 31, 2013. For the quarter, the company added 1.645 million customers, bringing its total base to 46.7 million across postpaid, prepaid and wholesale. The company also reported ongoing strength in its branded postpaid customer segment. Branded postpaid net customer additions were 869,000, which represents a 34% improvement compared to the third quarter of 2013. This was the third quarter in a row of positive branded postpaid net customer additions, and was also the best result for any quarter 2014. Mobile broadband postpaid net additions, primarily consisting of tablets, were 69,000 compared to 5,000 mobile broadband postpaid net additions in the third quarter of 2013. Branded prepaid net customer additions showed both sequential and year-over-year improvement. T-Mobile had 112,000 branded prepaid additions, which represents an improvement of 88,000 compared to the third quarter of 2013. The improved performance was due to a combination of compelling product offers, expanded MetroPCS coverage, and seasonal strength. Branded prepaid net customer additions were impacted by continued migrations of approximately 120,000 from branded prepaid to branded postpaid. Wholesale net customer additions were 664,000, compared to 351,000 in the third quarter of 2013 and 410,000 in the fourth quarter of 2012. Machine to Machine (M2M) net customer additions were 172,000 and Mobile Virtual Network Operator (MVNO) net customer additions were 492,000.
For the full year, the company reported branded postpaid net customer additions of 2.0 million, on a pro forma combined basis, above its guidance for branded postpaid net additions of between 1.6 and 1.8 million. Branded prepaid customers were 359,000 against 548,000 a year ago. Total branded customers were 2,365,000 against loss of customers of 1,526,000 a year ago. Total wholesale customers were 2,043,000 against 1,270,000 a year ago. Total net customer additions were 4,408,000 against loss of net customer of 256,000 a year ago.
T-Mobile US, Inc. specializes in mobile telecommunication services. Sales break down by activity as follows:
- mobile telecommunication services (80.5%): mobile telephone service, long-distance telephone service, data transmission, Internet access, directory services, etc. serving 119.7 million subscribers at the end of 2023;
- equipment sales (18%): primarily handsets and accessories;
- other (1.5%).
Products and services are marketed through a network of approximately 3,400 retail stores under the T-Mobile and Metro by T-Mobile names, and via Internet.
T-MOBILE US 
