T-Mobile cellular service - news: T-Mobile USA reports strong Q1 growth

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news: T-Mobile USA reports strong Q1 growth

PDA Man

2005-05-19, 12:27 pm

T-Mobile USA reports strong Q1 growth
T-Mobile USA continued to show impressive growth today, reporting strong
first-quarter results. The carrier reported OIBDA of $826 million, up $515
million from the fourth quarter of 2004 and $492 million from the first
quarter of 2004. T-Mobile USA's net income for the first quarter was $103
million. The carrier's overall revenue for the quarter was $2.85 billion, up
from $2.75 billion in the fourth quarter of 2004 and $2.21 billion in the
first quarter of 2004. T-Mobile's ARPU was $54, down from $55 in the fourth
quarter but on par with the first quarter of last year. T-Mobile's churn
dropped from 2.6 percent at the end of last year to 2.3 percent. The carrier
added a total of 957,000 new subscribers in the first quarter this year.

SOURCE:www.fiercewireless.com

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