T-Mobile USA suffered a difficult first quarter, the company announced today.
During the first quarter of 2011, T-Mobile saw its revenue hit $4.63 billion, putting it in line with the first quarter of 2010. However, the company's profit fell over $200 million year over year from $362 million last year to $135 million in the first quarter of 2011.
Even worse for T-Mobile, its customer tally is on the decline. The company lost 99,000 subscribers in the first quarter, bringing its total to 33.6 million. At the end of 2010, it had 33.7 million subscribers. … Read more