Tags: T | Mobile | AT&T

T-Mobile USA Posts Record Subscriber Losses

Friday, 06 May 2011 03:05 PM

T-Mobile USA lost a record number of subscribers in the first quarter. That's posing a conundrum for regulators as they look at whether to let AT&T Inc. buy the smaller carrier for $39 billion.

The argument against the deal is that it would eliminate one competitor in the wireless industry. But judging by results reported Friday, T-Mobile isn't competing successfully.

T-Mobile, the smallest of the four national carriers, lost a net 471,000 subscribers on contract-based plans. It was able to add subscribers through wholesalers, who pay much less than contract-signing customers, but it still lost 99,000 overall. Both figures are record losses for T-Mobile. It's the Bellevue, Wash.-based subsidiary of Deutsche Telekom AG of Germany.

© Copyright 2017 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

   
1Like our page
2Share
Markets
T-Mobile USA lost a record number of subscribers in the first quarter. That's posing a conundrum for regulators as they look at whether to let AT T Inc. buy the smaller carrier for $39 billion.The argument against the deal is that it would eliminate one competitor in the...
T,Mobile,AT&T
115
2011-05-06
Friday, 06 May 2011 03:05 PM
Newsmax Inc.
 

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved