T-Mobile loses customers, but ekes out $207M Q2 profit
T-Mobile USA continues to bleed its most valuable customers as the carrier struggles to keep up with its fellow national rivals.
The carrier, a unit of Deutsche Telekom, said today it lost 205,000 net customers in the second quarter, largely due to a defection in customers with long-term contracts.
T-Mobile posted a second-quarter profit of $207 million, down slightly from $212 million a year ago. Revenue fell 3.3 percent to $4.88 billion.
The company's subscriber results look a lot like Sprint Nextel's struggles with customer growth over the past few years, with staggering losses on … Read more