T-Mobile Added 1 Million Subscribers In 2009, But Lost Income and Revenue

Posted Feb 25, 2010

T-Mobile added about 1 million subscribers in 2009, thus increasing the total number to 33.8 million customers. Even though there was an increase in subscribers, the company’s yearly revenue declined to about $21.5 billion which is about a 1.6% drop in year over year. The company’s net income for the year was $306 million which dropped from the previous year’s $483 million. [BGR]