T-Mobile Adds 325,000 Subscribers In Second Quarter

T-Mobile USA, the fourth largest wireless company has added 325,000 subscribers in the second quarter.  Most of the new subscribers have chosen prepaid contracts instead of post-paid.  Most of Verizon and AT&T’s subscribers are contract-signing due to the carriers’ abilities to subsidize the cost of high-end mobile phones.

Sprint and T-Mobile both compete for lower paying customers.  By the end of the second quarter earlier this week, T-Mobile said that they have 33.5 million customers.  Of the 33.5 million customers, only 5.7 million customers were on contract.  T-Mobile revenue dropped from $5.47 billion last year to $5.34 billion this year.

[via AP]

This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at
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