T-Mobile’s growth continues as it adds 1.8 million customers in Q1 2015

T-Mobile logo

T-Mobile has been a disruptive carrier in the mobile industry, taking away marketshare from a variety of carriers with its attractive price points and consumer friendly promotions. The company seems to have carried on the momentum from 2014 into this year with new quarterly figures revealing that the company has added 1.8 million customers in the 3 month period ending March 2015.

The carrier is said to have made $7.8 billion in the first quarter of the year, which is already a 13.1% increase over the same period last year. Compared to the previous quarter however, the company’s revenues were down 0.9%, which is understandable as the holiday season usually garners more sales than usual. Data Stash is also said to have played a part in the revenue shrink for Q1 2015 compared to Q4 2014.

Here’s what the CEO John Legere had to say about the results – “We’ve had eight consecutive quarters with more than one million total net customer additions proving that customers want value. We expect to once again capture all of the industry’s postpaid phone growth in Q1 and we’ve done it while delivering an all-time record low 1.3 percent churn.”

Via: Android Central

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