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T-Mobile Publishes Q4 2007 Numbers, Adds 3.6M Customers in 2007

News by Ricky Cadden on Tuesday January 29, 2008.

T-Mobile USA has published its customer results for both Q4 2007 and 2007 year-end, and it looks like they netted a fair amount of growth in both pre-paid and contract customers. MyFaves, a feature which allows users to select 5 numbers to call with unlimited minutes, ended the year with 5 million users. T-Mobile also introduced its HotSpot @Home service and new FlexPay product in 2007.

T-Mobile USA reports that it has added a net 951,000 new subscribers in Q4 2007, 77% of whom signed up for a contract account. Q4 Blended churn, which includes both pre-paid and contract customers, is down to 2.8% from 2.9% in Q3 2007. T-Mobile also noted that there was also a strong demand in Q4 for converged devices, such as the popular Sidekick line.

For the 2007 year end, T-Mobile USA ended with a respectable 28.7 million customers, a 3.6 million increase versus the prior year. T-Mobile USA's German parent company, Deutsche Telekom AG, had set a target of 5 million new subscribers for the U.S. division for 2007. Year-end blended churn for T-Mobile USA settled in at 2.8%, down from 2.9% in 2006. The contract customer churn rate for 2007 was 1.9%, which is a reasonably good improvement from 2006's 2.2%, which hints at improved customer satisfaction. Contract customers made up 83% of T-Mobile's subscriber base in 2007, compared to 85% in 2006.

T-Mobile USA's Q4 2007 and 2007 year-end financial reports are expected at the end of February.


 
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Ricky Cadden
Former news editor Ricky Cadden runs Symbian-Guru.com. Ricky is based in Texas.

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