Sprint still hemorrhaging and T-Mobile doing quite well.
Well the talk has already centered around a combined T-Mobile/Sprint would be run by the current T-Mobile CEO.... T-Mobile is currently gambling big time..
T-Mobile added a net 2.4 million new customers in the first quarter of 2014, the first time the company has exceeded the 2 million customer mark in growth.
But T-Mobile posted a first-quarter loss of $151 million, or 19 cents a share, reversing a year-earlier profit of $106 million, or 20 cents a share, as its promotional efforts weighed on the bottom line.
That is a $257 million dollar swing in the red from last year.... I like the gambling T-Mobile is doing.. They are swinging for the fences... Upgrading their network big time with the billions they got from the failed AT&T merger and now they are willing to gamble by spending millions upon millions (Actually hundreds of millions) to pay ETF's and buy people out of their carrier contracts and get them on T-Mobile... But it seems they understand they have to have a network to KEEP people from just jumping ship 6, 8, 12 months from now..... So far I am very happy with T-Mobile.... But I have my unlocked Nexus and with their nice $30 prepaid play it's a hell of a steal and with the speeds being ten times better than Sprint (at least in Dallas) and so far in the areas I do travel and roam to... It's a heck of a deal..
T-Mobile has come a long way... I tested them out for 3 months back with the Nexus One on a prepaid plan and they were horrible so I was iffy on making this move now but wow they've done a lot to upgrade..
If Sprint buys T-Mobile (or I guess right now it's Softbank trying to buy T-Mobile) and it's run by the people running T-Mobile with Softbank money it could be interesting...... Sprints Spectrum portfolio with T-Mobiles backhaul network and towers???