T-Mobile US reported its biggest growth quarter to date -- 2.3 million total net customer additions with 1.8 million total branded net customer additions for the quarter, including branded postpaid net additions of 1.4 million and branded prepaid net additions of 411,000. The strong branded postpaid net addition performance resulted from continued momentum in phone gross additions, which were up 46% year-over-year.
“Despite our competitors’ best efforts, the Un-carrier revolution made huge advances in the third quarter with record net new customers,” said John Legere, President and CEO of T-Mobile. “More proof of the resurgent strength of our brand and the massive momentum behind the Un-carrier consumer movement.”
Some additional highlights:
- 52.9 million total customers
- 10 million total customers added over the last 6 quarters – 2.3 million in the third quarter alone
- Service revenues grew 10.6% year-over-year to $5.7 billion
- Best ever Average Billings Per User (ABPU) of $61.59, up 4.2% year-over-year
- In the third quarter of 2014, cash capital expenditures were $1.1 billion, up from $0.9 billion in the second quarter of 2014 and up from $1.0 billion in the third quarter of 2013.
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