May 8 2013, 2:18am CDT | by Gene Ryan Briones
Telecommunications giant, T-Mobile, has just reported its first quarter 2013 results earlier this evening. And the report reveals the carrier's successful implementation of its "un-carrier" program, as well as the deployement of its 4G LTE. The report also shows that its decision to sell the iPhone in April this year has worked to T-Mobile's advantage.
According to the report, T-Mobile was able to sell roughly 500,000 iPhone 5s to "new and existing customers." Furthermore, it said that capital expenditures for the first quarter of 2013 were $1.1 billion, and that it was able to launch 4G LTE in seven major metropolitan areas, while improving approximately 16,000 sites with HSPA+ on 1900 MHz spectrum.
The company's EBITDA also increased by 12.4% or around $1.2 billion when compared to the fourth quarter of 2012. However, T-Mobile says that, on a year-over-year basis, the EBITDA has decreased by 7.5%. Citing the reason for decline, it said that service revenue declines are to be blamed. But overall, T-Mobile had 579,000 total customer net additions.
Photo Credit: Getty Images
Gene Ryan Briones
Gene Ryan Briones (Google+) is a technology journalist with a wide experience in writing about the latest trends in the technology industry, ranging from mobile technology, gadgets and robots, as well as computer hardware and software.
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