T-Mobile USA Reports Fourth Quarter and Full Year 2007 Results: Financial News - Yahoo! Finance -- 951,000 net new customers added in the fourth quarter of 2007, up from 901,000 in the fourth quarter of 2006 -- Service revenues of $4.4 billion in the fourth quarter of 2007, up 14.6% from the fourth quarter of 2006 -- $1.33 billion Operating Income Before Depreciation and Amortization ("OIBDA") in the fourth quarter of 2007, up 13.2% from the fourth quarter of 2006 -- Contract customer churn 1.8% in the fourth quarter, down from 2.1% in the fourth quarter of 2006 * Cash capital expenditures (see note 7 to the Selected Data below) were $1.01 billion in the fourth quarter of 2007, compared with $500 million in the third quarter of 2007 and $675 million in the fourth quarter of 2006. -- The sequential and year on year increase in cash capital expenditures was due to an increase in network capital expenditures, including T-Mobile USA's UMTS build-out. At the end of 2007, T-Mobile USA had deployed over 8,000 UMTS-capable cell sites. * T-Mobile USA continued its commitment to invest in network coverage and quality in the fourth quarter of 2007, adding almost 900 new cell sites, bringing the total number of cell sites at the end of the quarter to 37,900.
Gotta :inlove: that churn rate! I'm making a prediction: If Sprint continues to lose customers at the current rate, I expect T-Mobile will go from being the 4th largest to the 3rd largest wireless carrier in the U.S.
LOL! That will take MANY years to happen. We're talking a difference of about 20 million customers here. Not easy to overcome. So don't sweat it. T-Mobile will remain the 4th largest carrier for a VERY long time. But I'm glad to see T-Mobile's churn rate is so low now. They're almost catching up with AT&T.
Sprint won't continue to lose customers forever. No chance T-Mobile will catch up unless they make some sort of mega merger.
Wirelessly posted (LGE-VX9900/1.0 UP.Browser/6.2.3.2 (GUI) MMP/2.0) It's nice to see that T-Mobile has such a low churn rate. Hopefully they will continue to work on the number of towers that they put up over the next year, so that their coverage will continue to improve as well.
Now we can add something to that: T-Mobile had the largest churn rate once, now they traded places with Sprint in that category.