T-Mobile has released its Q4 2015 financial results, revealing a net profit of $297 million, which is nearly three times the $101 million figure reported in Q4 2014, and more than double the profits announced the quarter prior.
Overall, for the complete year, T-Mobile added 8.3 million new subscribers, of which 4.5 million were postpaid subscribers. The No. 3 US wireless provider, expects to add further 2.4 – 3.4 million postpaid customers this year.
Speaking of churn rate (the rate at which a company loses customers), the carrier reported a figure of 1.46%, compared to 1.62% 1.14%, and 1.02% reported by Sprint, Verizon, and AT&T, respectively.