News by Ricky Cadden on Thursday May 08, 2008.
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T-Mobile USA has announced its Q1 2008 results, with nearly 1 million net new customers and increased revenues. The carrier also now has 30.8 million total subscribers, showing that it has tripled its subscriber count over the past 6 years, which quite a feat.
T-Mobile's total service revenues for Q1 2008 come in at $4.6 billion, a 14% increase over the same quarter in 2007. Customer churn has also been reduced to 1.7% for Q1 2008, showing a decrease in lost customers. Unfortunately, ARPU for Q1 2008 dropped $1 from Q4 2007, to $51. However, data-based ARPU, generated from internet and messaging add-ons, increased by $.30 for the same period.
Throughout Q1 2008, T-Mobile continued to build its nationwide network, and launched its new high-speed 3G network in New York City, with more cities to follow through the year. The carrier added 600 new cell sites, and gained an additional 2,500 through its acquisition of SunCom. Currently, 13,000 of its 41,000 cell sites are 3G-capable.
Former news editor Ricky Cadden runs Symbian-Guru.com. Ricky is based in Texas.