February 28, 2013
T-Mobile USA looks to be getting some of their mojo back. Parent Deutsche Telekom has reported an overall subscriber increase of 0.6 percent in 2012. This was the first increase for the nation’s No. 4 cellular provider since 2009. Still, Deutsche Telekom is quick to point out that “challenges persisted unchanged” during the year, as revenues in the U.S. fell 1.4 percent to $5 billion. Service revenues also dropped, down 10 percent to $4.1 billion. Beginning later this year, T-Mobile USA will begin selling the iPhone, and other Apple devices. That could help lift the company. They state:
T-Mobile USA plans to make further progress in this area, thanks to the agreement with Apple concerning the joint marketing of products in 2013 as well as the extensive network modernization and LTE roll-out.For the company as a whole, Deutsche Telekom reported revenues of $19.3 billion, or a decline of 1.4 percent in the fourth quarter. Full-year revenues were up by 0.8 percent to $76.47 billion.