403 Forbidden


nginx
403 Forbidden

403 Forbidden


nginx
Follow us:
403 Forbidden

403 Forbidden


nginx

Microsoft Pri0

Welcome to Microsoft Pri0: That's Microspeak for top priority, and that's the news and observations you'll find here from Seattle Times technology reporter Matt Day.

May 10, 2007 at 10:21 AM

T-Mobile USA profit gets bigger

Bellevue-based T-Mobile USA, the fourth largest U.S. carrier, said it added 980,000 new subscribers during the first quarter for a total of more than 26 million.

T-Mobile CEO Robert Dotson said part of the company’s growth can be attributed to myFaves, a service that gives subscribers unlimited calling to five designated people.

The company, owned by German-based Deutsche Telekom, also reported average revenue per user of $52 during the first quarter and churn of 1.9 percent. During the first quarter, the company’s profit totaled $315 million on revenues of $4.5 billion. In the year-ago period, the company reported profit of $241 million on revenues of $4 billion.

Dotson on the results:

“MyFaves is the most successful offering we’ve had in the history of T-Mobile and it is changing the nature of our business. We continue to add high quality customers to our ranks and myFaves is a key reason why. In the quarter, we added almost one million new customers, of which almost three quarters were again additions to our strong postpay customer base.”

Although T-Mobile USA’s profit gained, it didn’t offset the decrease seen companywide at Deutsche Telekom.

DT said its first-quarter profit dropped 58 percent, as more than half a million German customers canceled DT fixed telephone service in favor of cheaper rivals.

“T-Mobile USA is once again front and center as the leading growth driver for Deutsche Telekom,” said Rene Obermann, Deutsche Telekom CEO. “The U.S. business continues to demonstrate how a committed service culture can play a foundational role in driving our business ever forward.”

Comments | More in Wireless & telecom

COMMENTS

No personal attacks or insults, no hate speech, no profanity. Please keep the conversation civil and help us moderate this thread by reporting any abuse. See our Commenting FAQ.



The opinions expressed in reader comments are those of the author only, and do not reflect the opinions of The Seattle Times.


403 Forbidden

403 Forbidden


nginx
403 Forbidden

403 Forbidden


nginx