T-Mobile takes a beating in Q4 2010; sheds 318,000 contract customers, post-paid churn at 3.6%

The fourth quarter of 2010 — the busy holiday quarter — was not all that fruitful for the U.S.’s forth largest wireless provider. In an earnings call today, T-Mobile posted a nearly flat revenue number — $4.69 billion in Q4 2010 versus $4.71 billion in Q3 of 2010, and $4.65 billion in Q4 of 2009 — and less than stellar customer retention numbers. T-Mo saw net losses of 318,000 customers in Q4, along with a churn rate rising from 3.4% in Q3 to 3.6%. One bright spot on the company’s balance sheet is the 25% jump in “data services revenue” year-over-year. ?I am pleased with the increase in smartphone adoption and our ongoing improvement in data ARPU.� Data growth in

Source: http://www.bgr.com/2011/02/25/t-mobile-takes-a-beating-in-q4-2010-sheds-318000-customers-churn-at-3-6/

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