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Tuesday 30 October 2012

MetroPCS hits the 1 million LTE customer mark, makes $193 million profit in third quarter

In news that I’m sure will be pleasing to T-Mobile, MetroPCS has hit the one million mark in subscribed LTE customers (about 11% of its customers) and have also turned a profit of $193 million, even though they lost over 300,000 customers in the third quarter. How does one manage to turn such a profit while losing so many customers? MetroPCS credits “cash-saving exercises”, timely investments, and reducing a top priority of cell companies – churn. I’m sure a lot of MetroPCS and T-Mobile customers alike are wondering what the merger has in store for them. Hopefully it’ll end up benefitting the customer in some form or fashion.
source:  MetroPCS

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