T-Mobile USA reports 1Q 2010 results

12 May 2010

In the first three months of 2010 T-Mobile USA reported operating income before depreciation and amortisation (OIBDA) of USD1.39 billion, compared to USD1.38 billion reported in the first quarter of 2009. Net income for the quarter was USD362 million, compared to USD322 million in the same period of 2009, while total revenues fell from USD5.4 billion to USD5.28 billion. Total customers declined by 77,000 in the first three months, compared to 415,000 net customer additions in the first quarter of 2009. At the end of March 2010 T-Mobile USA served 33.7 million customers, down from 33.8 million at the start of the year. Pre-paid customers accounted for 21% of the total, up from 19% in the same period of 2009. Blended churn was 3.1%, down from 3.3% in the fourth quarter of 2009 and was consistent with the first quarter of 2009. Blended average revenue per user (ARPU) was USD4, down from USD48 in the first quarter of 2009. 5.2 million customers were using 3G-capable converged devices on the T-Mobile USA network at the end of the first quarter of 2010, an increase of 33% from 3.9 million customers at the start of the year.

United States, T-Mobile US