T-Mobile Still Beating AT&T, Verizon, Sprint in New Users T-Mobile's second quarter earnings indicate that the company continues to lead the industry in wireless subscriber additions, and continues to lure valuable postpaid subscribers from AT&T, Verizon and Sprint. According to T-Mobile, the company added an industry-leading 1.9 million subscribers last quarter, 890,000 of which were highly-valued branded postpaid net adds. 646,000 of those were branded postpaid phone net adds, T-Mobile noting it has lead the industry in adding these subscribers for ten consecutive quarters.

T-Mobile's 646,000 postpaid subscriber adds are in contrast to a 173,000 net gain in postpaid users at Sprint, an 86,000 net gain at Verizon, and a 266,000 net loss for AT&T (giving you a pretty clear picture of where T-Mobile is leeching new subscribers from). But T-Mobile also lead the industry with 476,000 prepaid net additions last quarter, compared to 462,000 net additions for AT&T (thanks in large part to Cricket), a 30,000 prepaid subscriber net loss for Verizon, and a 331,000 net loss for Sprint. "We outperformed the competition again on every key metric, while delivering the best postpaid phone churn numbers in our history!" crowed T-Mobile CEO John Legere. "Quarter after quarter this team continues to deliver results that are the best in the business despite the competition's best efforts to compete." Thanks in part to network upgrades, T-Mobile's Net income dropped to $225 million, down from $479 million in the first quarter of 2016 and down from $361 million in the second quarter of 2015. Still, T-Mobile's promotions, Binge On effort, and recent "T-Mobile Tuesdays" promotion all appear to be working to continue the uncarrer's efforts to disrupt incumbent providers, these new subscribers contributing to a 12% year-over-year bump in service revenues. »twitter.com/JohnLegere/s ··· 30351616









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Most recommended from 58 comments

Shakrai

join:2016-02-27

United State 14 recommendations Shakrai Member They Got Me



So far I'm impressed. Speeds are significantly better than VZW. 20-30MBit/s peak hours vs. 10-15MBit/s in most of the areas I frequent. Mind you, VZW is certainly fast enough, but still the extra speed is nice. T-Mo seems to have a denser network here than VZW -- perhaps a legacy of their PCS heritage -- and that's obviously paying dividends for them.



Haven't found any dead zones yet. Did find one weak zone where I missed a few words in a call but it did not drop. There's another area where signals are weak enough that going indoors will kill LTE in favor of HSDA+, but the service remains functional.



They have a Band 12 license here but it's not live yet; allegedly that happens in October. I suspect that will negate any lingering coverage issues and I'm looking forward to playing with it when it's lighted up.



Exciting times for T-Mo, here and elsewhere. Ditched VZW over the latest front in their war against unlimited data plan users. Was going to go UDP on T-Mo, but I'm actually trying out their 6GB plan; with Music Freedom, Binge On, and Data Stash I think it will work nicely for me. $65 vs. $110 on VZW. With 15% Government employee discount I'm looking at about $62 out the door with taxes and fees. Can't remember the last time I paid that for a cell phone, even pre-smartphone in 2008 Verizon soaked me for more than that. I think I'd have go back to my 2006 flirtation with T-Mo to find bills that low.So far I'm impressed. Speeds are significantly better than VZW. 20-30MBit/s peak hours vs. 10-15MBit/s in most of the areas I frequent. Mind you, VZW is certainly fast enough, but still the extra speed is nice. T-Mo seems to have a denser network here than VZW -- perhaps a legacy of their PCS heritage -- and that's obviously paying dividends for them.Haven't found any dead zones yet. Did find one weak zone where I missed a few words in a call but it did not drop. There's another area where signals are weak enough that going indoors will kill LTE in favor of HSDA+, but the service remains functional.They have a Band 12 license here but it's not live yet; allegedly that happens in October. I suspect that will negate any lingering coverage issues and I'm looking forward to playing with it when it's lighted up.Exciting times for T-Mo, here and elsewhere. navyson

join:2011-07-15

Upper Marlboro, MD 3 recommendations navyson Member T-mobile is the best I switched from Verizon to T-mobile about 2 years ago. I am currently on their 2 lines of unlimited everything for $100. I could not be happier with their "speedy" service.

Cheese

Premium Member

join:2003-10-26

Naples, FL 2 recommendations Cheese Premium Member As soon as.... My phone is paid up with Verizon, I am going to look into TMO or maybe even StraightTalk...

gigahurtz

Premium Member

join:2001-10-20

USA 2 recommendations gigahurtz Premium Member Good for T-Mobile, but I went with Cricket Wireless. I love to see what T-Mobile is doing. They helped change the industry for the better and there are more options and the market is competitive. I'm glad to see they're doing well.



As a long time AT&T postpaid customer, I switched to Cricket Wireless (the new Cricket running on AT&T) back in May 2014 and haven't looked back. I have a group of five lines and pay $20/line for 2.5 GB of LTE data (then throttled) with unlimited talk/text. This fits my needs perfectly. I have cut my families cell phone plan by a significant $160 from what we were paying which is quite a bit compared to what we were paying. I buy my phones factory unlocked or gently used via Swappa.com and haven't given up much compared to my postpaid service.