2014 Delivers the Biggest Year of Net Customer Additions in Company History
Preliminary Full Year 2014 Customer Highlights:
• 8.3 million total net customer additions
• 4.9 million branded postpaid net customer additions
• 4.0 million branded postpaid phone net customer additions
• 265 million people now covered by the nation’s fastest 4G LTE network
Preliminary Fourth Quarter 2014 Customer Highlights:
• 2.1 million total net customer additions
• 1.3 million branded postpaid net customer additions
• 1.0 million branded postpaid phone net customer additions
• 266,000 branded prepaid net customer additions
BELLEVUE, Wash. - January 7, 2015 - T-Mobile US, Inc. (NYSE: TMUS) today provided a preliminary view of key customer results for the fourth quarter of 2014, once again demonstrating the strength of the momentum and positive customer response to its Un-carrier initiatives.
"We continued to take share from our competitors and attracted 8.3 million net customers in 2014 who were looking for value, simplicity and transparency," said John Legere, President and CEO of T-Mobile. "While my competitors are hiding behind less valuable connected device subscriber additions and managing profit expectations to the downside, T-Mobile delivered over 2.1 million customers in Q4, while managing the balance between growth and profitability. Needless to say, 2014 was a record breaking year."
Preliminary Fourth Quarter 2014 Customer Results
In the fourth quarter, T-Mobile added 2.1 million net customers. This was the seventh quarter in a row that the Company has generated more than 1 million net customer additions. For the full-year 2014, T-Mobile added 8.3 million net customers, an 89% increase from the prior year.
T-Mobile also reported ongoing strength with respect to its branded postpaid customers in the fourth quarter of 2014. Branded postpaid net customer additions were 1.3 million, which represents a 47% improvement compared to the fourth quarter of 2013. Branded postpaid phone net additions were over 1.0 million. For the full-year 2014, the Company reported branded postpaid net customer additions of 4.9 million, significantly above the revised guidance for branded postpaid net customer additions of 4.3 and 4.7 million provided in connection with the third quarter of 2014 earnings.
Branded prepaid net customer additions in the fourth quarter of 2014 were 266,000. Year-over-year, the improved performance was due to the continued strength of the MetroPCS brand.
The strength of T Mobile's customer proposition is also reflected in the postpaid porting ratios with the Company attracting customers at an overall ratio of 2.1 to 1.0 versus the competition for full-year 2014. For the fourth quarter of 2014, T-Mobile saw positive postpaid porting ratios of 1.4 versus Verizon, 1.8 versus AT&T, and 2.2 versus Sprint. These strong porting trends have continued at similar levels into the new year. Simply put, T-Mobile continues to take share from each of the three other national carriers.
"Porting ratios have been in our favor vs. the competition for seven consecutive quarters and it looks like we will continue to beat everyone on total postpaid phone adds as well," continued Legere. "We are not slowing down, and customers know it. Just a few weeks ago we unveiled Un-carrier™ 8.0, introducing Data Stash™ with 10GB free LTE data to qualifying Simple Choice™ customers. Now we are the only national provider to let you roll over your unused high-speed data. Clearly customers are seeing through the tricks and the confusion that the other guys offer and coming to T-Mobile for our solutions."
Wholesale net customer additions in the fourth quarter of 2014 were 586,000, compared to 555,000 in the third quarter of 2014 and 664,000 in the fourth quarter of 2013. Machine to Machine (M2M) net customer additions were 152,000 and Mobile Virtual Network Operator (MVNO) net customer additions were 434,000.
T-Mobile's 4G LTE network, the nation's fastest based on download speed tests, now covers 265 million people. Wideband LTE is available in 121 metro areas, including most recently New York City. The Company has started deploying its 700 MHz A-Block low-band spectrum with service launched in Washington, DC, Minneapolis, Colorado Springs, and Cleveland. In total, T-Mobile owns or has agreements to own 700 MHz A-Block spectrum covering nearly 190 million people.
America’s Un-carrier plans to share more details and its full financial results for fourth quarter and full-year 2014 later in February.
Preliminary Customer Results
The following table sets forth the number of ending customers:
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NM - Not meaningful.
The following table sets forth the number of net customer additions on a pro forma combined basis:
NM - Not meaningful.
(1) The Company's customer results for the fourth quarter and full year of 2014 are preliminary and subject to completion of the Company's year-end closing review procedures. Full fourth quarter results are expected to be released later in February.
(2) For comparability purposes, the year ended 2013 results above represent T-Mobile USA and MetroPCS on a pro forma combined basis as if the business combination had occurred at the beginning of 2013.
About 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 LTE network delivers outstanding wireless experiences to more than 55 million customers who are unwilling to compromise on quality and value. Basada en Bellevue, Washington, T-Mobile US ofrece servicios a través de sus subsidiarias y opera sus marcas principales, T-Mobile y MetroPCS. For more information, please visit http://www.T-Mobile.com.
Declaraciones a futuro
Este comunicado de prensa incluye "declaraciones a futuro" a los efectos de las leyes de valores federales de los EE. UU. Toda declaración en la presente que no constituya una declaración de hechos históricos, incluyendo declaraciones por parte de T-Mobile en relación con planes, perspectivas, convicciones, guías, estrategia, integración de MetroPCS, modernización de la red y otros avances, se consideran declaraciones a futuro. En general, las declaraciones a futuro se caracterizan por contener palabras como "anticipar", "esperar", "sugerir", "planear", "proyectar", "creer", "tener la intención", "calcular", "propósito", "perspectivas", "tal vez", "quizás", "pronosticar", y expresiones similares. 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.
Press Contact: Investor Relations Contact: Media Relations Nils Paellmann T-Mobile US, Inc. T-Mobile US, Inc. mediarelations@t-mobile.com 877-281-TMUS or 212-358-3210 https://newsroom.t-mobile.com investor.relations@t-mobile.com http://investor.t-mobile.com