MetroPCS subscribers fall, with T-Mobile deal pending

MetroPCS Communications lost a net total of 93,000 subscribers in the fourth quarter, dipping to fewer than 8.9 million subscribers, in the face of increasingly tough competition in the prepaid wireless market.

The news, reported by MetroPCS this morning, comes as Deutsche Telekom moves ahead with its plan to acquire MetroPCS and merge the Dallas-based company with Bellevue-based T-Mobile USA.

It’s the first time MetroPCS has reported a net loss in customers for the fourth quarter, and its third straight quarter of net subscriber losses, according to analyst reports this morning.

Investor’s Business Daily quotes Craig Moffett, analyst at Bernstein Research: “Today’s pre-announced Q4 2012 subscriber results are well below our expectation of a gain of 63,000 and consensus expectations of 50,000 adds. The results from MetroPCS suggest that prepaid (growth) may be rapidly deteriorating and competitive intensity is rising.”

  • rüya tabirleri
  • Howard

    I’d rather use a tin can on a string than go back to T-mobile. Welp, over to Verizon then. Thanks Metro, it’s been real.

  • LU

    T MOBILE WAS THE WORSE EXPERIENCE I EVER HAD WITH CELL PHONE.
    I DID GLADLY PAY A BIG “FINE” TO BE ABLE TO “GET OUT” FROM THE COMPANY THAT HAVE THE WORSE CUSTOMER SERVICE, NOT ONLY ON CELL PHONE, BUT IN ALL USA.
    NOT SURE WHAT WILL HAPPEN AFTER THE “DEAL”. BUT IF T MOBILE WILL HAVE ANY POWER WITH METRO, I’M OUT…

  • Nate C.

    Maybe the change in data plans. It really sucks to me they’re trying to control data sharing with devices.

  • gtoexpress

    Well tmobile treated me well for 4 yrs good customer service and a good smartphone at the time Metro had good service for me but customer service sucked I left them on two different times for cutting off my phone when my bills was fully paid and when I called them I got the run around for 8 hours so I ported my number to boostmobile ok service then tmobile again I far for that 4g trick think after 100mb of 4g it would go to 3g sorry 2g went back to metro $40 unlimited 3G the cheapest and good service