T-Mobile has released its fourth quarter earnings for 2012, showing a drop in revenue over the fourth quarter of 2011 to $4.9 billion, a 5.2-percent decrease. Still, the revenues represent a second quarter of growth for the carrier, which also saw growth in both its Monthly4G plans and branded prepaid customers. While the data shows both gains and losses for the company, overall things were less than fantastic.
While things are looking up for the carrier's prepaid plans, contract customers are down, with revenue from branded contracts dropping 4.3-percent to $3.4 billion. This is a 13.9-percent year -on-year drop, with ARPU declining 2-percent to $55.47, a 4.7-percent year-on-year decrease. Still, the company is seeing good things with its BYOD (bring your own device) option, with the carrier seeing about 100,000 new iPhone subscribers per months under the program.
Per the announcement, T-Mobile has seen a customer increase from its Mobile Virtual Network Operator partners, with the numbers growing by 275,000 in the fourth quarter of last year, nearly a 5x jump over the Q4 of 2011. Likewise, its B2B channel experienced growth last quarter to 6.4 million, a 7-percent increase. Despite the losses it experienced, the carrier sees good things in its future.
T-Mobile USA's President and CEO John Legere had this to say: "T-Mobile finished 2012 on a strong note, providing a foundation for executing even bigger game-changing moves in 2013. As the ‘Un-carrier,’ our promise is simple. You will see us put customers at the center of everything we do going forward, and that means giving them fair and simple wireless experiences in a way that other carriers never have before."
[via Business Wire]