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T-Mobile adds 1 mn new customers beating Verizon’s 650,000

Telecom Lead 2019-01-10 10:45:13

T-Mobile US on Wednesday said it added 1 million new customers, who pay monthly for their mobile phone connections, in the fourth quarter of 2018.
The main rival Verizon Communications, the largest U.S. wireless carrier, added 650,000 new phone subscribers in the fourth quarter of 2018.

Verizon added 1.2 million retail post-paid customers. Verizon said retail post-paid phone churn was 0.82 percent in the fourth quarter.

T-Mobile’s post-paid phone churn dropped to 0.99 percent in the fourth quarter from 1.02 percent in the third quarter of last year. T-Mobile’s total mobile phone customer base reached 79.7 million at the end of 2018.

The main achievements of T-Mobile’s include 2.4 million net additions; 1.4 million post-paid net additions; 1 million post-paid phone net additions and 135,000 pre-paid net additions in Q4 2018.

T-Mobile offered benefits such as unlimited rate plans, free Netflix for qualifying customers on family plans, free international data roaming and texting in more than 210 countries and destinations.

The fourth quarter of 2018 marked the 23rd consecutive quarter that T-Mobile has generated more than 1 million total net customer additions. Total customer additions in 2018 were 7 million, marking the fifth consecutive year that T-Mobile added more than 5 million net customers.

Last month, T-Mobile won backing from two national security reviews for its deal to buy smaller rival Sprint as it strives for more scale to compete with Verizon Communications and AT&T.