T-Mobile USA, Inc. (DTEGY.PK) Thursday said total net customer additions for the first quarter of 2013 were 579,000 and total branded customer growth stood at 3,000 customers.
The customer base was 34 million in this year's first quarter. In the fourth quarter of 2012, the firm reported a net loss of 349,000 branded customers.
Branded postpaid net losses were 199,000 for the first quarter of 2013, compared to net losses of 510,000 for the first quarter of 2012 and 515,000 for the fourth quarter of 2012.
Sequentially, customer deactivations were significantly lower with branded postpaid churn at 1.90 percent, a 60 basis point improvement from the fourth quarter of 2012. This was the best branded postpaid churn results since the second quarter of 2008.
Branded prepaid net customer gains were 202,000 for the first quarter, an improvement from 166,000 in the fourth quarter of 2012.
Wholesale net customer additions increased sequentially to 576,000 from 410,000 in the fourth quarter of 2012, primarily due to the continued focus on growing the MVNO customer base.
John Legere, President & CEO of T-Mobile USA, said, ''These results display positive momentum and the first positive branded growth in four years. We have made material progress in stabilizing our branded business in Q1, which provides a solid foundation to build on with the new Un-carrier customer offers we launched last week across America. I believe the best is yet to come!"
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