Skip to main content

T-Mobile continues to deliver results, profits more than triple during the 4th quarter 2015

A T-Mobile store.
In what appears to be a repeating refrain for T-Mobile, the carrier reported amazing results for the most recent quarter. The Un-carrier promotions appear to be working as the firm continues to attract new customers while increasing profits.

T-Mobile reported a net profit of $297 million for the fourth quarter of 2015, which is almost triple the $101 million for the same quarter last year.

The carrier killed it on the subscriber side, adding 2.1 million net customers during the fourth quarter, and 8.3 million for the entire year. These numbers include 1.3 million branded postpaid net adds for the fourth quarter and 4.5 million of that category for the full year. T-Mobile’s subscriber base now sits at 63 million.

This marks eleven consecutive quarters of adding more than one million net customers, and the third consecutive month in which the carrier added two million. It also marks the second straight year in which T-Mobile was able to add at least eight million net customers.

Attracting customers is one thing, but keeping them is another. T-Mobile is obviously doing something right here as well because customers are sticking around more than they were in the past. Postpaid phone churn was 1.46 percent during the fourth quarter, which is down from 1.74 percent during the same period last year. The churn rate is the percentage of subscribers that stop using the carrier’s services per month, so the lower the number, the better. T-Mobile also continues to rank high in customer satisfaction, leading J.D. Power’s 2016 U.S. Wireless Customer Care Full-Service Performance Study.

T-Mobile’s success has to be as a result of its ongoing Un-carrier promotions and CEO John Legere’s ability to create a tremendous amount of publicity by bashing the competing carriers. T-Mobile launched Binge On late last year, allowing customers to stream a variety of video services like Netflix, Hulu, HBO Go, and more without those services counting towards their data caps. The service has been under scrutiny due to the belief that it could violate Net neutrality rules, but it’s these kind of deals that are attracting customers.

With all this good news, one has to wonder if T-Mobile can continue to keep up this pace. Interestingly enough, the carrier’s outlook for 2016 only shows an increase of 2.4 and 3.4 million postpaid customers, which would be down from the 4.5 million it achieved in 2015.

The firm’s stock price opened much higher in early trading, hitting a high of $38.31, but a sell-off brought it back to the previous day’s level of $36.44 by late morning.

Editors' Recommendations

Robert Nazarian
Former Digital Trends Contributor
Robert Nazarian became a technology enthusiast when his parents bought him a Radio Shack TRS-80 Color. Now his biggest…
Best Samsung Galaxy Z Fold 4 deals: Save big on the foldable
A person holding a partially open Galaxy Z Fold 4.

With the launch of its predecessor, it's the best time to hunt for discounts on the Samsung Galaxy Z Fold 4. It's not going away any time soon because it's still a very fun and capable mobile device, so there will be a lot of demand for savings when buying the foldable smartphone. We've gathered the top ways of getting the Samsung Galaxy Z Fold 4 for cheaper than usual, but you'll have to hurry with your purchase because these offers may disappear at any moment.
Samsung Galaxy Z Fold 4 deals at Samsung
The obvious source for a Samsung Galaxy Z Fold 4 is Samsung, which is offering trade-in credit of up to $725 for an unlocked 256GB model of the smartphone that normally costs $1,800. However, you can get it at $800 off, so you'll only have to pay $1,000, if you buy it with a U.S. Cellular plan.

Samsung Galaxy Z Fold 4 deals at Amazon
The unlocked 256GB Samsung Galaxy Z Fold 4 is on Amazon for its retail price of $1,800, but why would you get that model when the unlocked 512GB Samsung Galaxy Z Fold 4 is cheaper at just $1,450, following a $470 discount on its original price of $1,920? It's a no-brainer to go for the version with the larger storage capacity when it's more affordable.

Read more
Best iPhone 15 deals: How to get Apple’s latest iPhone for free
The display on a green iPhone 15.

The iPhone 15 has only just hit stores but that hasn't stopped there being some great iPhone 15 deals going on right now. If you're keen to upgrade to the shiniest of new iPhones, this is your chance to do so. We've picked out all the best iPhone 15 deals going on at the moment including how to get the phone for free. Here's what you need to know about iPhone deals on Apple's latest model.
iPhone 15 deals at Amazon

Amazon has one of the best ways to get an iPhone 15 for free. Sign up to Boost Infinite and you get the Apple iPhone 15 for free. That saves you the $830 you'd normally pay, while Boost Infinite costs $60 per month and gives you unlimited talk, text, and data every month. It's a near-unbeatable deal for many people.

Read more
The Fitbit Charge 6 is a fitness tracker and smartwatch hybrid
A Charge 6 being used on a wrist.

Fitbit has finally embraced what it means to be owned by Google with the Fitbit Charge 6. Not only is the Charge 6 an impressive-looking fitness tracker with a more accurate heart rate tracker, but it's also the first Fitbit device to really lean on the vast data resources offered by its parent company, Google. These additions have moved the Charge 6 toward becoming more of a smartwatch, thinning the barriers between the two device types.

Fitbit was purchased by Google in January 2021, but outside of Fitbit's tech being front and center in the fitness section of the Google Pixel Watch, it hasn't meant too much change for the fitness tracker brand. That ends with today.

Read more