T-Mobile USA Inc. reported 1.019 million net customer additions during the fourth quarter of last year, which was just ahead of the 1.015 million subscribers the carrier added during the fourth quarter of 2003 and in line with analysts estimates. Boosting the carrier’s growth was a drop in customer churn from 3.2 percent during the fourth quarter of 2003 to 3.1 percent last year.
The strong fourth-quarter growth bolstered the carrier’s full-year subscriber additions to 4.19 million customers, which was nearly 1 million more subscribers than T-Mobile USA added in 2003, pushing the carrier’s total customer base at the end of 2004 to 17.3 million subscribers. T-Mobile USA added that full-year customer churn dropped from 3.1 percent in 2003 to 3 percent last year.
T-Mobile USA also reported that 11.4 percent of its customer base at the end of 2004 were prepaid subscribers compared with 10.9 percent at the end of 2003.
T-Mobile USA is scheduled to release fourth-quarter and full-year 2004 financial results March 3.
