T-Mobile CEO: Capex for 2015 to go up slightly to $4.4 bn

T-Mobile US CEO John Legere today said the telecom operator’s capital expenditure (Capex) for 2015 will be around $4.4 to $4.7 billion against $4.3 billion in 2014 and $4.2 billion in 2013.

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The focus areas of Capex was network modernization, 4G LTE deployment, and commencement of the 4G LTE rollout on its 700 MHz A-Block and 1900 MHz PCS spectrum.

T-Mobile, which rivals operators such as AT&T, Verizon Wireless and Sprint, will be targeting 300 million Americans in 2015 with its 4G coverage against 265 million 4G LTE POPs in 2014. Its target for 2014 was 250 million.

The number of Wideband LTE market areas will be 150 in 2015 from 121 in 2014.

T-Mobile is rolling out 4G LTE on its 700 MHz A-Block and 1900 MHz PCS spectrum. Building on the A-Block spectrum acquisition from Verizon, the company will expand its 700 MHz A-Block holdings, now reaching approximately 190 million POPs.

John Legere

T-Mobile subscriber base

In the fourth quarter of 2014, T-Mobile added 2.1 million net customers. In 2014, T-Mobile added 8.3 million net customers, an 89 percent increase from the prior year. T-Mobile captured nearly 80 percent of industry postpaid phone growth in 4Q14 – nearly 100 percent in 2014.

“Our Un-carrier moves helped us blow away the competition. The best is yet to come as the future looks bright in 2015,” said John Legere, president and CEO of T-Mobile.

The American wireless operator said its service revenues rose 13.6 percent in Q4 2014 and increased 9 percent in 2014, while total revenues grew 19.4 percent in Q4 2014 and rose 13.1 percent in 2014.

T-Mobile expects to add between 2.2 and 3.2 million branded postpaid customers in 2015.

Baburajan K
editor@telecomlead.com

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