Is it a good thing that T-Mobile's in the crosshairs of a MetroPCS merger? We'll, see, but meanwhile the operator again shed revenue, customers and profit in Q4 2012. Total revenue dropped during the quarter to $4.9 billion from $5.2 billion last year, while income was down a whopping 25.1 percent to $1.05 billion year-over-year. Meanwhile the company lost 515,000 branded contract customers compared to 492,000 last quarter, representing a 'churn' rate of 2.5 percent in that category, a slight improvement over last year. All that culminated in a rather miserable year for the carrier, which earned $424 million less than in 2011 ($4.9 billion), while showing a total loss of $6.4 billion thanks to depreciation and impairment charges. Meanwhile, parent Deutsche Telecom said recently that MetroPCS would merge with T-Mobile as early as April -- which sounds like it can't come soon enough.
Filed under: Cellphones, Wireless, Mobile, T-Mobile
Source: T-Mobile
Source: http://feeds.engadget.com/~r/weblogsinc/engadget/~3/xXS0ju7qSDo/
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