T-Mobile US Capex reaches $1.1 billion in second quarter 2013

Telecom operator T-Mobile US Capex (capital expenditure) reached $1.1 billion in the second quarter of 2013.

The main Capex was for 4G LTE roll outs, the company said.

T-Mobile US 4G LTE is available in 116 metro areas covering 157 million people.

Accelerated network modernization program was also part of its Capex plans in Q2.

The telecom operator’s network modernization program and its Un-carrier strategy contributed to branded postpaid churn rate of approximately 1.6 percent from 2.1 percent.

T-Mobile US is looking at covering 200 million people with 4G LTE prior to the end of 2013.

T mobile

For the full year of 2013, T-Mobile is projecting capital expenditures of around $4.4 billion.

T-Mobile US service revenues for the second quarter grew 8.6 percent due to the inclusion of MetroPCS results for May and June 2013.

Its revenues rose 27.5 percent due to the inclusion of MetroPCS results for May and June 2013 and higher equipment sales due to record smartphone sales.

T-Mobile reported 678,000 total branded net customer additions for the quarter, including branded postpaid net additions of 688,000 and branded prepaid net losses of 10,000.

“T-Mobile’s Un-carrier approach has resonated with consumers. By fixing the things that drive them mad, like contracts and upgrades, and freeing them from the two-year sentences imposed on them by our competitors, they are choosing the new T-Mobile in unprecedented numbers,” said John Legere, president and CEO of T-Mobile.

T-Mobile ended the second quarter of 2013 with approximately 44 million customers, an increase of more than 10 million customers from the end of the first quarter of 2013, of which 1.1 million were net additions and 8.9 million were acquired customers from MetroPCS, which are included in branded prepaid customers.

editor@telecomlead.com

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