Un-carrier momentum carries T-Mobile past Sprint, AT&T and Verizon for top spot in prepaid wireless market, brings new level of customer service and network quality to growing prepaid marketplace
BELLEVUE, Washington—August 6, 2014—On the heels of yet another strong quarterly performance report, T-Mobile US Inc. (NYSE: TMUS) today announced the Un-carrier has overtaken rivals AT&T, Verizon and Sprint to become the No.1 U.S. wireless provider in the increasingly important prepaid mobile marketplace.
According to the most recent reported figures, T-Mobile US now boasts 15.64 million prepaid customers compared to Sprint's 15.19 million customers in the prepaid market. AT&T most recently reported 11.34 million prepaid customers. Verizon Wireless reports 6.04 million prepaid customers.
“The good news just keeps on coming for T-Mobile,” said John Legere, president and CEO of T-Mobile US, Inc. “The momentum we’re seeing with our T-Mobile and MetroPCS brands is outstanding, and the fact that we’ve blown by everyone to take the No.1 spot in prepaid is icing on the cake. As a matter of fact, I’m going on record—I predict we’ll overtake Sprint in total customers by the end of this year. Not someday. Not next year. This year. Americans are voting with their feet, and they’re joining this Un-carrier revolution by the millions.”
Providers have been placing increasing emphasis on this important area of the mobile marketplace. Still, no wireless company has seen nearly the success the Un-carrier has in this critical market.
The Un-carrier’s MetroPCS brand in particular has seen unprecedented gains since merging with T-Mobile on May 1st of last year. MetroPCS effectively tripled its market reach to 45 major metro areas and nearly 10,000 stores, while migrating its customers onto America’s fastest nationwide 4G LTE network. This aggressive expansion of markets and coverage has led MetroPCS to grow to over 10 million customers—and the numbers continue to climb.
In fact, with over 1.2 million new customers since this time last year, MetroPCS has been adding customers at a rate of one customer every 27 seconds.
With T-Mobile US now solidly in the lead in the important prepaid wireless space, the Un-carrier is clearly firing on all cylinders. Since the start of the year, T-Mobile has maintained the undisputed title of America’s fastest nationwide 4G LTE network—as proven yet again by CNET’s most recent industry-wide tests. Further, the Un-carrier now has over 50 million customers--and shows no signs whatsoever of slowing down. In the second quarter of 2014, T-Mobile US added 1.5 million net new customers for a fifth straight quarter with over 1 million total net new customers. And the Un-carrier again led the overall industry in growth, beating out rivals AT&T, Verizon and Sprint.
“Not only are we seeing record growth, we’re also making huge strides on our network and in customer support,” said Legere. “Our 4G LTE network is still the fastest in the nation, and both T-Mobile and MetroPCS brands have the highest J.D. Power scores for customer care in our respective categories. Oh and today we overtook Sprint in total market cap. Any questions?”
Declaraciones a futuro
Este comunicado de prensa incluye "declaraciones a futuro" a los efectos de las leyes de valores federales de los EE. UU. Any statements made herein that are not statements of historical fact, including statements about T-Mobile US, Inc.'s plans, outlook, beliefs, opinion, projections, guidance, strategy, predictions about customer growth, integration of MetroPCS, expected network modernization and other advancements, are forward-looking statements. Generally, forward-looking statements may be identified by words such as "anticipate," "expect," "suggests," "plan," "project," "believe," "intend," "estimates," "targets," "views," "may," "will," "forecast," "predict," and other similar expressions. Las declaraciones a futuro consideran únicamente el momento en el que se hacen, se basan en conjeturas y expectativas del momento, e implican ciertos riesgos e inseguridades. Entre los factores importantes que podrían afectar resultados futuros y por ende generar diferencias materiales en relación con lo expresado en las declaraciones a futuro se incluyen, a título enunciativo, los siguientes: nuestra capacidad de competir con la gran competitividad de la industria de las telecomunicaciones móviles de los EE. UU.; condiciones adversas en los mercados y las economías de los EE. UU. y el mundo; compromisos de capital importantes y gastos de capital necesarios para llevar a cabo nuestro plan de negocios; nuestra capacidad de adaptarnos a cambios futuros en tecnología, de mejorar nuestra oferta vigente, e introducir nuevas ofertas para satisfacer las diferentes demandas de los clientes; cambios en los requisitos legales y normativos, incluyendo modificaciones o aumentos en las restricciones sobre nuestra capacidad para operar nuestra red; nuestra capacidad de mantener y mejorar nuestra red con éxito, y los posibles costos adicionales en los que incurramos al hacerlo; fallas importantes en equipos; condiciones climáticas severas u otros eventos de fuerza mayor; y otros riesgos detallados en la documentación de la Comisión de valores y bolsa, así como también los detallados en nuestro Informe anual en el formulario 10-K completado con la Comisión de valores y bolsa el 25 de febrero de 2014. No se debe confiar en exceso en estas declaraciones a futuro. No actualizaremos las declaraciones a futuro, ya sea como resultado de información nueva, eventos futuros u otro caso, a menos que así lo requiera la ley.
Acerca de T‑Mobile US, Inc.
As America's Un-carrier, T-Mobile US, Inc. (NYSE: TMUS) is redefining the way consumers and businesses buy wireless services through leading product and service innovation. The company's advanced nationwide 4G and expanding 4G LTE network delivers outstanding wireless experiences for customers who are unwilling to compromise on quality and value. Based in Bellevue, Wash., T-Mobile US provides services through its subsidiaries and operates its flagship brands, T-Mobile and MetroPCS. It currently serves over 50 million wireless subscribers and provides products and services through 70,000 points of distribution. For more information, please visithttps://www.t-mobile.com.
T-Mobile and MetroPCS have received (J.D. Power) awards for the “Highest Ranked Customer Service Performance among Full Service and Non-Contract Wireless Providers”, respectively.
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