As expected, T-Mobile today announced its Q3 2014 results, and it looks like The Magenta Crew had itself a pretty good quarter.
T-Mobile added a total of 2.3 million customers in the third quarter of 2014, a figure that includes 411,000 prepaid adds and 1.38 million postpaid customers. This led T-Mo to its best growth quarter ever and helped bring it to a total of 10 million new customers added in the past 10 quarters. T-Mobile finished Q3 2014 with 52.9 million customers.
Turning to hardware, T-Mobile says that it sold 6.9 million smartphones in Q3 2014, which turned out to be a whopping 93 percent of all phones that it sold in that quarter. The arrival of the iPhone 6 likely made up a large part of that stat, as T-Mobile reports that the launch of Apple’s new phones resulted in its biggest device launch ever.
T-Mobile’s network grew to include 250 million 4G LTE markets in Q3 2014, meaning that T-Mo hit its end of year milestone a few months early. Now Neville Ray and Co. plan to expand their LTE network to 280 million Americans by mid-2015 and 300 million by the end of next year.
In other network news, T-Mobile is working to roll its LTE service out on 1900MHz PCS spectrum and it continues to push out its 700MHz A-Block spectrum as well. Wideband LTE is rolling, too, with availability in 19 markets right now. That figure its expected to grow to 26 by the end of 2014.
T-Mobile’s Q3 2014 financials include service revenues of $5.7 billion, which are up 10.6 percent year-over-year, and an Average Billing Per User of $61.59.
T-Mobile will hold a conference call tomorrow, October 28, to discuss its Q3 2014 earnings, so stay tuned and we’ll update you with any juicy tidbits of news or funny John Legere remarks that may occur.