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T-Mobile US forecasts return to EBITDA growth in 2014

2014-02-25 13:38:00| Telecompaper Headlines

(Telecompaper) T-Mobile US reported a strong increase in customer numbers and smartphone sales for the fourth quarter, but underlying service revenues were still lower year-on-year due to its challenger pricing strategy. The mobile operator added a net 1.6 million new customers in the three months and 4.4 million over the full year 2013, taking its base to 46.7 million at year-end. Quarterly service revenues, pro forma for its takeover of MetroPCS, were down 1.1 percent from a year ago to USD 5.17 billion, but the annual dropped improved from a 4.6 percent fall in Q3. Adjusted EBITDA declined to USD 1.24 billion from USD 1.36 billion a year earlier, hurt by the higher smartphone sales and promotions for new offers. Over the full year, the company met its guidance for adjusted EBITDA at USD 5.3 billion, and T-Mobile said it expects this to improve to USD 5.7-6.0 billion in 2014, helped by higher-than-expected synergies from the MetroPCS integration. Capital expenditure is expected to increase slightly to USD 4.3-4.6 billion this year from USD 4.2 billion in 2013.  

Tags: return growth forecasts ebitda

 

T-Mobile US jabs BlackBerry with olive branch

2014-02-20 01:00:00| Total Telecom industry news

Operator gives existing BlackBerry customers an extra $50 off a new BlackBerry, accuses BlackBerry CEO of trying to restrict choice.

Tags: branch olive blackberry tmobile

 
 

BlackBerry CEO Miffed With T-Mobile

2014-02-20 00:47:43| TechNewsWorld

John Chen, BlackBerry's new chief executive, lashed out at T-Mobile after it sent an email to BlackBerry users imploring them to ditch their current devices and switch to an iPhone. BlackBerry was not notified about T-Mobile's email blast beforehand, causing Chen to become "outraged" over what he dubbed a "clearly inappropriate and ill-conceived marketing promotion."

Tags: ceo blackberry tmobile miffed

 

BlackBerry CEO 'Outraged' by T-Mobile iPhone Deal

2014-02-19 17:34:53| PC Magazine Cell Phones Product Guide

BlackBerry is not pleased after T-Mobile launched a promotion offering BlackBerry users a free iPhone 5s.

Tags: deal ceo iphone blackberry

 

T-Mobile 'outrages' Blackberry boss

2014-02-19 13:09:02| BBC News | Business | UK Edition

The boss of Blackberry says he is "outraged" at T-Mobile in the US after it offered to upgrade Blackberry customers to the iPhone 5s.

Tags: boss blackberry tmobile outrages

 

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