November 10, 2011 01:41 pm EDT

T-Mobile USA Q3 2011 earnings: income and smartphone subscribers rise, net income at $332m

T-Mobile USA issued its third quarter financials, and things are looking up over last quarter -- if only just slightly. The carrier posted service revenues of $4.67 billion -- that's a modest 0.1 percent increase over the second quarter, but down 0.9 percent over this time last year. Net income, meanwhile is at $332 million -- up 57-percent from Q2 2011 and four-percent from Q3 2010. The quarter also saw the addition of 126,000 customers (includes postpaid and prepaid users)-- a marked improvement from the loss of 50,000 last quarter. The only major US carrier without an iPhone is currently host to 33.7 million customers -- 10.1 million of whom own a 3G/4G smartphone, the latter of which is a 40 percent jump over this time last year.

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Original Link: http://www.engadget.com/2011/11/10/t-mobile-usa-q3-earnings-income-and-smartphone-subscribers-rise/

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