Interested in learning what's next for the gaming industry? Join gaming executives to discuss emerging parts of the industry this October at GamesBeat Summit Next. Register today.
After quarters and quarters of losing customers, T-Mobile may be showing signs of a turnaround.
T-Mobile’s customer base increased by 579,000 to 34 million customers during the first quarter, the company announced today. While that increase came with a loss of 200,000 contract customers, the loss is still a significant drop from the 515,000 contract customers the company lost the previous quarter.
All of which, you’d assume, is very encouraging for T-Mobile.
MetaBeat will bring together thought leaders to give guidance on how metaverse technology will transform the way all industries communicate and do business on October 4 in San Francisco, CA.
“These results display positive momentum and the first positive branded growth in four years. We have made material progress in stabilizing our branded business in Q1, which provides a solid foundation to build on with the new Un-carrier customer offers we launched last week across America,” CEO John Legere said in a statement.
The problem, however, is that only 3,ooo of those new customers came from T-Mobile’s branded services, which throws a bit of cold water on the company’s announcements. Still, compared to a loss of 349,000 during the previous quarter, the addition of 3,000 new customers ain’t too bad.
We’ll get the full picture of T-Mobile’s earnings on May 8.
VentureBeat's mission is to be a digital town square for technical decision-makers to gain knowledge about transformative enterprise technology and transact. Discover our Briefings.