T-Mobile Has Positive Q4 2014, CEO Says They're Bigger Than Sprint
T-Mobile's Uncarrier approach might be welcome for consumers, but on a corporate level — it's hit and miss. Quarterly earnings calls from T-Mobile typically result in customer gains, but overall net loss where it counts. In reporting their Q4 2014 results, T-Mobile gave us all reason to once again believe Uncarrier will work, as they've announced $101 million net profit. Taking into account their last overly positive quarter, Q2 2014, T-Mobile is in the black for 2014 to the tune of $247 million.
There were also 2.1 million new customers that came T-Mobile's way in Q4 2014, leaving them with a year-end positive gain of 8.3 million. That brings their total customer count to 55 million.
That customer count led T-Mobile CEO to declare his company now has more customers than Sprint. In suggesting Sprint puffs up their numbers with inactive MVNO accounts, Legere continues that T-Mobile's 55 million customers are actually more than Sprint's reported 55 million. Here's how Legere put it:
Going into 2013, Sprint had 55 million customers. Going into 2014, they had 55 million customers. Going into this year, they have 55 million customers. In that period, they've lost 3.3 million postpaid customers as well.
T-Mobile had 33 million customers. We merged with MetroPCS and went to 42 million customers, and we've since added 13 million customers to get up to 55 million customers.
In 2015, T-Mobile isn't projecting a big uptick in customers, though. Over the course of this year, T-Mobile assumes they'll add between 2.2 and 3.2 million postpaid subscribers.
Source: T-Mobile