T-Mobile is Once Again Unprofitable Despite Subscriber Gains

Discussion in 'Android News' started by dgstorm, Oct 28, 2014.

  1. dgstorm

    dgstorm Editor in Chief
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    The "Un-Carrier" has become Un-profitable again. This is despite the fact that they have made huge subscriber gains. T-Mobile added 1.38 million postpaid subscribers and 410,000 prepaid subscribers. This was nearly twice as much as the 785,000 postpaid subscribers which AT&T added over the same quarter, although it is a bit less than Verizon's 1.5 Million added postpaid subscribers.

    Even though T-Mo made great gains in new subscribers, they posted a decline in profitability which was a net loss of $0.12 per share. This was much worse than estimates which projected a net profit of $0.03 per share. Here's a quote with more of the details,

    It looks like competition in the wireless industry is good for consumers but seems to be hitting the lower tier carriers pretty hard.

    Source: BGR
     
  2. johnomaz

    johnomaz Silver Member

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    TMobile is gaining customer base and expanding its network. Its expensive stuff. They are paying off contracts which to me is expensive as hell. I think they are playing the long term game and not going for the early money grab.
     
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  3. pc747

    pc747 Administrator
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    Big gamble, go big or go home. At this point it is all t mobile can do. They were already looking up so they had to gamble plus it helps that they are spending att's money (money obtained from att from failed buyout). They have some room to gamble and if they are able to succeed it will be a big victory. Once they get their infrastructure shored up they be a force and the big 2 knows that hence the moves to try and look like they are offering the same choices as T-Mobile.
     
  4. mountainbikermark

    mountainbikermark Super Moderator
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    Don't they also have $30 million coming from Sprint that was guaranteed up front when they tried to merge?

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  5. cybertec69

    cybertec69 Silver Member

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    T-Mobile will eventually merge with another big name, it could be Dish Network, they can also use Dishes spectrum. They will not survive alone.
     
  6. pc747

    pc747 Administrator
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    Hmm...be interesting to find out if that is the case. If so T-mobile need to just keep allowing people to merge with them, fail, and they get paid.....next they going to beg Verizon to take a crack.
     
  7. mountainbikermark

    mountainbikermark Super Moderator
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    Couldn't find the thread about it. It was pre redo of the site and it looks like it didn't make it to the new format. All the stuff I posted in before the update isn't showing up under "participated"

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