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T-Mobile Turns Profit off 2.3 Million New Customers

News by Ang Torres on Tuesday October 27, 2015.

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T-Mobile enjoyed another successful three months through the third quarter of 2015 as the company announced 2.3 million net customers for the period ending September 30. The Magenta Network is actually making a profit these days, with income flowing finally on the back of plenty of growth and market buzz.

Indeed, John Legere's bold strategies have paid off and T-Mobile turned a tidy profit of $138 million through Q3, up from a $94 million loss the company suffered over the same period last year. That?s a rather impressive swing of $142 million, while the period was the 10th consecutive three month stint in which the company has added at least 1 million new customers.

We've had 10 quarters in a row with over 1 million net new customers, 5 with over a million branded postpaid customers and a total of 2.3 million new customers this quarter alone. Our momentum is strong and our incredible customer growth is translating directly into solid financial growth which makes it crystal clear that putting customers first is just good business."-John Legere, CEO, T-Mobile

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About the author

Ang Torres
Ang is currently studying a degree in computer sciences, but makes time for her first love, tech. She has followed mobile trends since first jumping onto the feature phone market in 2004 and is now an unabashed Samsung fangirl.

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