T-Mobile Reports Q2 Financials

Posted: Aug 6 2009, 8:00am CDT | by , Updated: Aug 11 2010, 3:40pm CDT, in News | Mobile Phones

 
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T-Mobile has announced the financial results for Q2 2009. The company has reported $1.6 billion in operating income before depreciation and amortization. That amount is up 16% from Q1 2009 and up 1% compared to Q2 2008. T-Mobile added 325,000 new customers over the quarter compared to 415,000 it added in Q1.

It's interesting that T-Mobile added about 100,000 more customers than Sprint lost over the quarter. T-Mobile reports that contract churn was 2.2% for the quarter, down slightly from the 2.3% in the previous quarter.

Service revenues for the quarter for the company were $4.77 billion, down from the same quarter last year where revenues were $4.85 billion. T-Mobile is expecting big things for the remainder of the year with its Radio Shack deal that puts its phones in all Radio Shack stores across the country.

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<a href="/latest_stories/all/all/3" rel="author">Shane McGlaun</a>
Tech and Car expert Shane McGlaun (Google) reports about what's new in these two sectors. His extensive experience in testing cars, computer hardware and consumer electronics enable him to effectively qualify new products and trends. If you want us review your product, please contact Shane.
Shane can be contacted directly at shane@i4u.com.

 

 

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