The last few months have been huge for T-Mobile. Not only has the company ditched the contract and smartphone subsidy, but it’s also finally completed its merger with MetroPCS.
In spite of all those big moves, however, the company’s most important news is that it’s finally started selling the iPhone, which, unsurprisingly, lots of people have been interested in buying. In fact, T-Mobile said it’s sold 500,000 of the Apple phones since they went on sale last month.
While commendable, T-Mobile’s numbers are far behind, say, the 4 and 4 .8 million iPhones Verizon and AT&T respectively sold last quarter. Still, T-Mobile’s iPhone has been on sale for less than a month, so we’ll wait until the device is around for at least a whole quarter before we judge how well T-Mobile is actually doing.
As for the rest of the company’s earnings, well, we got a good look at them a few weeks ago. It’s customer numbers are increasing (though most of those customers didn’t sign up for actual T-Mobile branded services), it’s losing fewer branded post-paid customers, and it’s revenue slid seven percent.
So is the new T-Mobile also the improved T-Mobile? We’ll have to wait a few more quarters before we can say for sure.
Like this story? Want to learn more? On April 14-15, our fourth annual VentureBeat Mobile Summit will tackle the eight biggest growth opportunities in mobile today. The invitation-only Summit will gather the top 180 executives at the scenic Cavallo Point Resort in Sausalito, Calif., to discuss issues like this. Request an invitation.