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| Super Moderator Join Date: Oct 2001 Location: Lititz, Pa. Posts: 4,696
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Images: 2 | link Highlights 606K net adds. They specifically talk about reduced efforts to add cusotmers in Q2, but say they will add at least 1.5M in the 2nd half. ARPU up $3 to $53. Best increase of major carriers. Cah Flow Positive for first time. Operating Income over $100M Net loss down to $129M Capital costs of $400M exclusively on improving the network. The footprint did not change
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| iPhone 3G 16GB (White) Join Date: May 2002 Location: New Sanfrakota Posts: 12,378
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They did good. Just about in line with the rest of the carriers. But they didn't do much better than the rest as they had been doing in past quarters. How many customers do they have now? I can't wait until they take over Nextel...
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verizon did 1,000,000 for once they actually beat t-mobile....in customer additions...and yes i can't wait till they take over nextel either... i can see thier shares dipping...on the other hand att might be take over cingular... [img]i/expressions/face-icon-small-smile.gif[/img]
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Rounding off, TM has 11.4M customers, Nextel 11.6M. TM was trying to reduce costs...they have definitely advertised less recently. But they said they will add another 1.5M in the 2nd half, so they should pass Nextel this year. They needed to make a strong move towards profitablity, and they did. The Net Loss is down from 239M to 129M sequentially, so they may make a small profit in 3Q. I was glad to see they spent all their capital on network improvements. A great move in advance of WLNP.
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| iPhone 3G 16GB (White) Join Date: May 2002 Location: New Sanfrakota Posts: 12,378
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Yes, it was about time they spent in improvements
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TM had mentioned in their 2002 annual report that they intended to spend most of their capital expenditures in 2003 on improvements of the existing network.
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No doubt Nextel will be passed up in the second half... with Nextel FINALLY having some competition from VZW and Sprint (at least) this year it will really hender their customer additions.
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| Thread | Thread Starter | Forum | Replies | Last Post |
| T-Mobile USA Reports Third Quarter 2004 Results | Matt | Wireless News | 8 | 11-13-2004 10:20 PM |
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