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Summary:

It’s a good time to be a budget cell phone company, judging by the subscriber numbers out this morning from MetroPCS. The cellular operator added 687,000 net new subscribers in the first quarter of this year, up 51 percent over last quarter’s record number. MetroPCS, which […]

metroIt’s a good time to be a budget cell phone company, judging by the subscriber numbers out this morning from MetroPCS. The cellular operator added 687,000 net new subscribers in the first quarter of this year, up 51 percent over last quarter’s record number. MetroPCS, which provides flat-rate service on a month-to-month basis to customers in limited markets, now has a total of 6 million subscribers vs. 4.4 million in the same period a year ago. It’s capitalizing on the financial crisis to emphasize its pre-paid cell plans, flat-rate pricing and good in-home coverage, which enables subscribers to dump their land lines. It also, however, saw churn rise from to 5 percent from 4 percent, reflecting a rise in the amount of turnover from month to month via subscribers who drop or then restart their plans.

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  1. thats no surprise they are a great company and they offer an unmatched USP…
    when i lived in miami they offered me the best service i could ask for…
    in 5 years as their networks grow they will be a cellular leader..

  2. MetroPCS sees huge influx of customers, intros GroupLINE | TeleNewsWire Friday, April 10, 2009

    [...] [Via GigaOM] [...]

  3. MetroPCS sees huge influx of customers, intros GroupLINE | numobile Friday, April 10, 2009

    [...] month. So, anyone looking to tighten the belt by going prepaid? Your options are getting good.[Via GigaOM]Read – MetroPCS resultsRead – GroupLINE launchMetroPCS sees huge influx of customers, intros [...]

  4. MetroPCS sees huge influx of customers, intros GroupLINE | Mobile Phones Magazine Friday, April 10, 2009

    [...] [Via GigaOM] [...]

  5. MetroPCS sees huge influx of customers, intros GroupLINE Sunday, April 12, 2009

    [...] [Via GigaOM] [...]

  6. AT&T Wireless and Data Subs Keep Q1 Sales Flat Wednesday, April 22, 2009

    [...] adds for reach 1.2 million (71 percent were subscribers who signed a contract). Despite the growth in prepaid calling as the economy falters, AT&T picked up fewer prepaid subscribers this quarter as compared to the first quarter of [...]

  7. MetroPCS and the Psychology of Recession « seed change Wednesday, June 24, 2009

    [...] MetroPCS and the Psychology of Recession 24 06 2009 MetroPCS, the provider of flat-rate, all-you-can-eat (talk, text, or picture message) mobile plans, is absolutely killing it in this market. [...]

  8. Sprint Aims to Boost Prepaid Business With Virgin Mobile USA Buy Tuesday, July 28, 2009

    [...] revenue per user. Virgin Mobile hasn’t benefited as much as rivals TracFone Leap Wireless or Metro PCS when it comes to adding customers, but has still managed to boost its profits. It reported net income of $19.1 million in its fiscal [...]

  9. Prepaid Competition Takes a Bite Out of MetroPCS Earnings Thursday, August 6, 2009

    [...] and analysts are blaming the increased competition among prepaid plans. The carrier, which has been reporting record quarters, only added about 206,000 subscribers in the most recent 3-month period, compared with 684,000 in [...]

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