By the end of the first quarter, T-Mobile USA crossed the 30 million customer mark. Specifically, the fourth largest U.S. carrier had 30.8 million customers, adding 981,000 net new customers during the quarter. T-Mobile USA also reported OIBDA of $1.44 billion, up 18% compared to Q1 2007 and reduced contract customer churn from 1.9% in Q1 2007 to 1.7% for the first quarter this year.
During the quarter, T-Mobile USA also closed its acquisition of SunCom Wireless, adding 1.1 million customers and networks in the Southeastern United States, Puerto Rico and the U.S. Virgin Islands.
“T-Mobile has again delivered another quality customer growth quarter,” said Robert Dotson, president and CEO of T-Mobile USA, in a statement. “In the quarter, we crossed the 30-million customer mark, more than tripling our customer base over the past six years under the T-Mobile brand…Our recent service introductions also have cracked open access to new areas of growth with targeted offerings in traditional landline replacement and advanced payment wireless plans along with the continued popularity of our unlimited myFaves offering.”
T-Mobile’s parent company Deutsche Telekom reported a strong quarter as well, despite continued declines in fixed line customers. The German-based telecom giant reported a rise in net income from $706.5 million during the first quarter of last year to $1.42 billion one year later, beating analysts average expectations. But sales slipped 3.1% to $23 billion. In March, the telecom forecast lower sales and earnings at its German fixed-line unit, reporting a loss of 120,000 fixed-line customers during the quarter.
Sales across all T-Mobile units, which serve 11 European countries as well as the United States, grew less than 1% to $14 billion.
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