T-Mobile has become the largest prepaid wireless provider in the US

TECHi's Author Carl Durrek
Opposing Author Cnet Read Source Article
Last Updated
TECHi's Take
Carl Durrek
Carl Durrek
  • Words 113
  • Estimated Read 1 min

Just a week after T-Mobile announced strong second quarter results, exceeding Wall Street’s expectations, the company announced that it’s become the top prepaid wireless service provider in the US with 15.6 million customers. Sprint, which is now number two in prepaid, has a total of 15.2 million customers, while AT&T and Verizon have got 11.3 million and 6 million prepaid users, respectively. The number reported by T-Mobile includes customers from the company’s prepaid arm as well as from MetroPCS, which they acquired last year. T-Mobile said MetroPCS added 1.2 million customers since this time last year, which is effectively one customer every 27 seconds, and now has a total of over 10 million prepaid subscribers.

Cnet

Cnet

  • Words 246
  • Estimated Read 2 min
Read Article

For years T-Mobile has been delegated to the last spot in the wireless carrier line-up. But, the company announced on Wednesday its revolution was underway — now that it has the most prepaid customers, it plans to overtake Sprint as No. 3 by the end of this year. “The momentum we’re seeing with our T-Mobile and MetroPCS brands is outstanding, and the fact that we’ve blown by everyone to take the No.1 spot in prepaid is icing on the cake,” T-Mobile CEO John Legere said in a statement. “As a matter of fact, I’m going on record — I predict we’ll overtake Sprint in total customers by the end of this year. Not someday. Not next year. This year. Americans are voting with their feet, and they’re joining this Un-carrier revolution by the millions.” T-Mobile tooted its horn on Wednesday saying that the “most recent reported figures” show it has more prepaid customers than any of the other four top carriers in the US. The company said it has 15.65 million prepaid customers, while Sprint has 15.19 million, AT&T has 11.34 million, and Verizon has 6.04 million. These numbers only take into account prepaid customers and not people who are on yearly contract plans. Looking at subscribers overall, T-Mobile still comes in fourth place. However, the carrier exceeded Wall Street’s second-quarter expectations last week when it reported that its customer base surpassed the 50 million mark and its profit was up to $391, or 48 cents a share.

Source

NOTE: TECHi Two-Takes are the stories we have chosen from the web along with a little bit of our opinion in a paragraph. Please check the original story in the Source Button below.

Balanced Perspective

TECHi weighs both sides before reaching a conclusion.

TECHi’s editorial take above outlines the reasoning that supports this position.

More Two Takes from Cnet

Apple, Don’t Let AI Wreck the iPhone 17 Camera
Apple, Don’t Let AI Wreck the iPhone 17 Camera

Of particular relevance and significance, this is in the article published by Andrew Lanxon. With the increased efforts to incorporate…

Jeff Bezos thinks Amazon drones will be as common as mail trucks
Jeff Bezos thinks Amazon drones will be as common as mail trucks

I don't know about you guys but I'm definitely looking forward to having my Amazon orders delivered to my doorstep via…

Jawbone wants you to purchase things with a wave of the wrist
Jawbone wants you to purchase things with a wave of the wrist

If you thought Apple Pay was convenient, you should check out the UP4. Whereas Apple's mobile payments service required you…

Qualcomm and Twitter join in on Cyanogen’s $80 million funding round
Qualcomm and Twitter join in on Cyanogen’s $80 million funding round

Cyanogen made headlines a few weeks back by announcing its intention to wrestle control of Android away from Google, a…