T-Mobile Q4: Growth Lagging AT&T, Verizon Wireless (DT)
T-Mobile added 951,000 net subscribers during the period, finishing the year with 28.7 million subs. AT&T, though, added 2.7 million subs and Verizon Wireless added 2.0 million. Sprint, meanwhile, managed to lose customers during Q4.
Some good news: T-Mobile's Q4 growth ticked up 5.5% year-over-year, while Verizon Wireless' Q4 growth decreased 13% year-over-year. (AT&T's Q4 growth increased 13.5% year-over-year because of strong sales of Apple's iPhone.)
And T-Mobile improved its retention among subscribers with long-term contracts. The carrier's churn -- the percentage of subscribers who leave the service each month -- decreased from 2.1% during 4Q06 to 1.8% in 4Q07. T-Mobile reports full financial results on Feb. 28. Release
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