Telecom Lead America: T-Mobile USA said due to network
modernization initiatives, Capex is expected to rise in the second half of
2012. This is a good news for telecom equipment vendors such as Ericsson
and Nokia Siemens Networks.
Cash Capex was $539 million in the second quarter of
2012, down 27.8 percent from the first quarter of 2012 and a decrease of 21.7
percent from the second quarter of 2011.
Sequentially and year-on-year, payment timing contributed
to lower cash capital expenditures offset by higher incurred Capex related to
the anticipated network modernization transformation.
In the first quarter of 2012, T-Mobile USA said it will
invest $4 billion to strengthen its 4G, including the planned launch of LTE
technology in 2013. Additionally, T-Mobile USA recorded a $1.2 billion increase
in spectrum licenses as a result of the AWS spectrum received as part of the
terminated AT&T transaction.
Meanwhile, T-Mobile USA has posted 3.3 percent decrease
in its second quarter revenue to $4.883 billion from $5.034 billion a year ago,
and down from $5.050 in Q1.
T-Mobile USA branded customers now stand at 26.595
million, compared to 27.808 in the same quarter a year ago, a decline of 4
percent (including MVNO and M2M, the numbers still went down to 33.168 million
from 33.585 million).
Net income declined to $207 million from $212 million the
year before.
Adjusted OIBDA increased 4.8 percent to $1.3 billion in
the second quarter of 2012.
Total service revenue was $4.4 billion in the second
quarter of 2012 compared to $4.4 billion in the first quarter of 2012 and $4.6
billion in the second quarter of 2011, a decrease of 5.2 percent year-on-year.
Branded contract ARPU increased slightly year-on-year to
$57.35 in the second quarter of 2012.
Branded contract data ARPU increased 14.6 percent
year-on-year to $19.16 in the second quarter of 2012,
Branded prepaid ARPU increased 13.6 percent year-on-year
to $26.81 in the second quarter of 2012.
3G/4G smartphones sold increased 31 percent year-on-year
to 2.1 million in the second quarter of 2012.
Jim Alling, Interim CEO and President of T-Mobile USA,
said in the second quarter, T-Mobile USA showed considerable progress in a
number of key areas delivering solid adjusted OIBDA growth.
T-Mobile USA increased its distribution channels in the
second quarter of 2012 announcing the opening of its 1,000th T-Mobile Premium
Retailer (TPR) store.
T-Mobile USA added approximately 8,700 prepaid doors in
the second quarter of 2012.
The company will achieve $900 million in gross savings.
