T-Mobile has earnings information for the second quarter of 2014, and things are looking up. This quarter is the fifth quarter in a row with over 1 million total customer additions. In addition, T-Mobile reported record low churn (customers leaving the service) of 1.5%.
Other highlights of the report include 8% revenue growth year-over-year, and record mobile broadband (tablet) net additions of 329,000. A rundown of more numbers is included below.
- T-Mobile reports revenue as $7.2 billion dollars, up 4.5% quarter-over-quarter and 8% year-over-year.
- This is also the fifth consecutive quarter of growth in revenue service, up 2.8% quarter-over-quarter.
- Customers are choosing lower ARPU (Average Revenue Per User) plans, but that is offset by a notable increase in customers.