Tonight T-Mobile officially announced its third quarter 2014 earnings and revealed a big 4G LTE milestone as well.
T-Mobile says that Q3 2014 was the biggest growth quarter in its history. T-Mo added 1.379 million branded postpaid customers, but branded prepaid users totaling 411,000. In all, T-Mobile added 2.3 million customers in the quarter, leaving it with a total of 52.9 million users.
On the hardware side of things, T-Mobile sold 69 million smartphones in Q3 2014, which equals 93 percent of all the phones that it sold in that quarter. Magenta also says that the arrival of the iPhone 6 was its biggest device launch ever.
T-Mobile’s Q3 2014 financials included service revenues of $5.7 billion, a 10.6 percent year-over-year growth. T-Mo also saw its best ever Average Billing Per User (ABPU) in Q3, which finished at $61.59.
So what about that 4G LTE news? Well, T-Mobile reports that its 4G LTE network now covers 250 million Americans. The magenta carrier expects that number to grow to 280 million by mid-2015 and 300 million by the end of 2015. T-Mo intends to do this by using its 700MHz and 1900MHz PCS spectrum for LTE and adding AWS LTE coverage. Finally, T-Mobile continues to roll out its Wideband LTE coverage, which is now live in Connecticut and the Greater Bay Area. T-Mobile Wideband LTE is now live in 19 markets and is expected to be in 26 by the end of 2014.
Via T-Mobile (1), (2)