MetroPCS adds 197,000 subscribers in Q4 but misses expectations

MetroPCS on Thursday announced its fourth quarter 2011 subscriber results. The carrier added 197,000 net subscribers, which missed analyst expectations that the carrier would add between 214,000 and 250,000 net customer additions, Reuters�said. The company stated that it ended the year with more than 9.3 million total subscribers and said it added about 1.2 million subscribers during the 2011 calendar year. Churn took a turn for the worse since the fourth quarter of 2010, however; the company reported 3.7% churn in the fourth quarter, up from 3.5% during the same period in 2010. That figure is an improvement over the 4.5% churn the carrier reported during the third quarter of 2011, however. MetroPCS’s full press release follows after the break.�

Source: http://www.bgr.com/2012/01/05/metropcs-adds-197000-subscribers-in-q4-but-misses-expectations/

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