American telecom operator T-Mobile on Tuesday indicated an increase in capital expenditures (Capex) in 2014 to be in the range of $4.3 to $4.6 billion against $4.2 billion in 2013.
T-Mobile Capex increased 13.2 percent to $4.2 billion in 2013 due to the continued network modernization and 4G LTE deployment.
Cash capital expenditures for the fourth quarter of 2013 were $882 million, down from $1.0 billion in the third quarter of 2013 and $898 million in the fourth quarter of 2012.
T-Mobile Q4 revenue
Its Q4 revenues increased 39.1 percent, principally due to the inclusion of MetroPCS results in the fourth quarter of 2013, and 10.2 percent compared to pro forma combined total revenues for the fourth quarter of 2012, primarily due to higher equipment sales revenues on record smartphone sales.
Total smartphone sales, including sales to branded postpaid and prepaid customers, were a record 6.2 million units in the fourth quarter of 2013, equivalent to 91 percent of total units sold, up from 88 percent in the third quarter of 2013.
Service revenues for the fourth quarter of 2013 grew 25.2 percent year-over-year primarily due to the inclusion of MetroPCS results for the full quarter. Service revenues increased 0.6 percent quarter-over-quarter primarily due to growth of the company’s customer base, offset in part by increased adoption of Value and Simple Choice plans, which have lower monthly service charges.
