Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nyse  >  AT&T    T

AT&T (T)
Mes dernières consult.
Most popular
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets

T-Mobile USA Customer Losses Continue To Mount

share with twitter share with LinkedIn share with facebook
share via e-mail
0
05/10/2012 | 09:07pm CEST

--T-Mobile lost 510,000 contract customers

--T-Mobile held customer turnover in check

--T-Mobile still hunting for more spectrum

(Adds details beginning in first paragraph.)

 
   By Greg Bensinger and Shara Tibken 
   Of  
 

T-Mobile USA reported it lost more than a half million of the most lucrative customers in this year's first three months, marking the 15th straight quarter of contract user losses.

The drop puts the carrier further behind AT&T Inc. (>> AT&T Inc.) and Verizon Wireless (VZ) in the race to lock users into two-year commitments and could make T-Mobile's recovery even more difficult after regulators blocked its plan last year to be taken over by AT&T for $39 billion.

T-Mobile, the fourth-biggest U.S. carrier, put its strategic plans on hold last year while awaiting government approval of the AT&T deal and watched its subscriber rolls shrink. The Bellevue, Wash.-based company is the largest remaining carrier without the Apple Inc. (>> Apple Inc.) iPhone, another competitive advantage that has hurt its ability retain users.

Chief Executive Philipp Humm vowed to return the company to customer gains. "We've always said that in 2013, 2014 is when we want to be net positive" on contract customer gains, Humm said in an interview Thursday.

T-Mobile said it lost 510,000 branded contract customers in the first quarter, an improvement from the 706,000 lost in the year-earlier period, though still behind its biggest rivals. T-Mobile did lower the rate at which users leave, known as churn, to 2.5% from 3% in the fourth quarter.

The carrier and MetroPCS Communications Inc. (>> MetroPCS Communications Inc) may be holding discussions about a merger that would lead to an initial public offering of the new company, controlled by T-Mobile parent Deutsche Telekom AG (>> Deutsche Telekom AG), according to a report by Bloomberg News on Wednesday. Humm declined to comment on the report, though he said he is hoping to acquire more wireless airwaves, or spectrum.

Humm told reporters on a conference call Thursday that it was his goal to become a "self-funding platform."

Though T-Mobile has announced plans to roll out a high-speed mobile broadband network sometime next year, using spectrum it acquired from AT&T as part of the deal breakup fee, it will be at least two years behind Verizon Wireless in introducing the technology.

In the interview, Humm said he opposed a deal by Verizon Wireless to acquire about $3.9 billion worth of spectrum from a group of cable companies because he hoped to buy the airwaves himself. "The FCC should deny the application," said Humm.

Overall, T-Mobile added 187,000 customers, due in part to a 249,000 gain in prepaid subscribers. Prepaid rivals MetroPCS and Leap Wireless International Inc. (LEAP) both lost customers during what is traditionally the strongest season of the year.

-By Greg Bensinger, Dow Jones Newswires; 212-416-4676; [email protected]; and Shara Tibken, Dow Jones Newswires; 212-416-2189; [email protected]

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on AT&T
07:37p Sprint and T-Mobile rush earnings releases but neither will talk about the re..
06:08p AT&T INC. (NYSE : T) Files An 8-K Other Events
04:17p AT&T : Google`s Project Loon working with AT&T to get basic wireless services to..
02:26p T-Mobile quarterly profit tops estimates as subscribers grow
02:14p BEST PHONE IN THE US FOR 2017 : the 10 top smartphones we've tested
02:13p AT&T : Watchdog Tells AT&T To Revise Fiber Broadband Ads
02:10p AT&T : extends deadline to close Time Warner deal
01:43p AT&T INC. : Other Events (form 8-K)
12:21p AT&T : Alphabets Project Loon deploys LTE balloons in Puerto Rico
12:19p Retailer offering up to $250 discount on Samsung Galaxy S8/S8+ and Note8
More news
News from SeekingAlpha
11:35a AT&T : What The Risk Premium Is Telling Shareholders
09:19a AT&T extends deadline in Time Warner acquisition
09:00a EDITORS' PICKS DAILY : More REITs, Cap-Weighted Indexing, And An Education Play
08:28a AT&T : Understanding Interest Rate Risk For Dividend Investors
06:42a WALL STREET BREAKFAST : Earnings Season Kicks Into High Gear
Financials ($)
Sales 2017 161 B
EBIT 2017 28 902 M
Net income 2017 14 664 M
Debt 2017 115 B
Yield 2017 5,54%
P/E ratio 2017 15,05
P/E ratio 2018 13,81
EV / Sales 2017 2,07x
EV / Sales 2018 2,03x
Capitalization 218 B
Chart AT&T
Duration : Period :
AT&T Technical Analysis Chart | T | US00206R1023 | 4-Traders
Technical analysis trends AT&T
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 29
Average target price 40,9 $
Spread / Average Target 15%
EPS Revisions
Managers
NameTitle
Randall L. Stephenson Chairman, President & Chief Executive Officer
John J. Stephens Chief Financial & Principal Accounting Officer
Joyce M. Roché Independent Director
Laura D'Andrea Tyson Independent Director
Matthew K. Rose Lead Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
AT&T-16.44%218 216
CHINA MOBILE LTD.-3.41%207 977
SOFTBANK GROUP CORP28.52%96 664
NTT DOCOMO INC0.49%91 800
VODAFONE GROUP8.51%76 380
KDDI CORP2.96%69 428