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T-Mobile USA (TMUS +0.2%) has sold 500K iPhone 5 (AAPL +1.1%) units since it began sales on...

T-Mobile USA (TMUS +0.2%) has sold 500K iPhone 5 (AAPL +1.1%) units since it began sales on April 12.  That's a solid start for the low-end carrier, whose decision to sell the iPhone unsubsidized (with installment plans) could have big industry implications if it goes well. The info was provided in T-Mobile's Q1 report (exc. MetroPCS), which otherwise was ho-hum. 579K customers were added, and branded customers rose for the first time in 15 quarters. But 199K more postpaid subs were lost, service revenue fell 9.9% Y/Y, and adjusted EBITDA fell 7.5% to $1.2B. Branded prepaid ARPU +11% to $28.25, but branded postpaid ARPU -6% to $54.07.
Comments (3)
  • larry11
    , contributor
    Comments (102) | Send Message
    Great news for Apple !
    8 May 2013, 11:35 AM Reply Like
  • rocback
    , contributor
    Comments (972) | Send Message
    More good news for Apple out today:

    8 May 2013, 11:58 AM Reply Like
  • rrosey2
    , contributor
    Comments (685) | Send Message
    Apple has its own slow pay plan, but Apple doesn't push it.
    9 May 2013, 01:30 AM Reply Like
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