T-Mobile USA Q2 2012 results show net customer losses of 205k, progress on LTE and AWS

The results for T-Mobile USA's second quarter of 2012 are in and first up is the bad news -- reported net customer losses of 205,000 are more than the 50,000 lost in the same period last year, and more than give back the growth reported in Q1. Of course, the carrier is banking on strategic initiatives to launch LTE service and expand coverage thanks to that AWS spectrum its receiving from AT&T and Verizon (if the deal is approved) to turn all that around, and those plans are still on track. Other high points for the quarter included the launch of Samsung's Galaxy Note and Galaxy S III, as well as a host of other handsets. Also it announced the opening of it's 1,000 T-Mobile Premium Retailer store, started pushing its prepaid and Monthly4G services at Dollar General Stores, launched two new mobile broadband data plans and added two MVNO partners. All the details are in the press release after the break, although it seems that as busy as T-Mobile has been putting pen to paper, investors will have to keep waiting to see the benefits.

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T-Mobile USA Q2 2012 results show net customer losses of 205k, progress on LTE and AWS originally appeared on Engadget on Thu, 09 Aug 2012 02:25:00 EDT. Please see our terms for use of feeds.