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MetroPCS ends 2012 with 460,000 fewer subscribers

News by Andrew Kameka on Monday January 07, 2013.

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In what could be its final year as an independent company, fifth-place carrier MetroPCS lost nearly half a million customers in 2012. MetroPCS today released its 2012 fourth quarter and annual subscriber reports, and the results are a stark reversal from the comparable periods of 2011. The carrier reported a net loss of 93,237 customers in the quarter, which capped a net loss of 459,936 customers for the year. MetroPCS had net gains of 197,000 and 1.19 million subscribers during the same periods in 2011.

MetroPCS says its churn rate(INFO) was 3.4 percent in 2012, a decrease from 3.8 percent in the previous year that was "primarily driven by normal seasonal effects related to traditional retail selling periods, continued investments in our network and lower year-to-date subscriber growth."

On the bright side, MetroPCS managed to increase its 4G LTE presence to include 2.2 million subscribers. The number of LTE subscribers increased 117 percent from the third quarter of 2011. MetroPCS finished the year with approximately 8.89 million subscribers.

source: MetroPCS

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Andrew Kameka
Andrew is based in Miami, Florida.

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