The nation's fifth largest wireless provider -- MetroPCS -- has checked
in with its Q4 2011 financials, and on the whole, the company looks to
be doing quite well. Metro reported $1.2 billion in consolidated
quarterly revenues and $362 million in earnings, an increase of 16% and
15% when compared to the fourth quarter of 2010. A few other positive
vitals: average revenue per user (ARPU) was up $0.76, net income rose to
$77 million and churn dropped 80 basis points from 4.5% in Q3 to 3.7%
in Q4. Two small blemishes can be found in the net customer additions
and cost per user (CPU) columns. While MetroPCS added well over 197,000
new customers in Q4, the rate at which it grew slowed dramatically --
down 34% when compared to the fourth quarter of 2010. The company's CPU
also rose $1.17 during that same period -- which can be partially
attributed to LTE network services, along with general expansion and
operating costs. One other mildly unfortunate note was word that voice
over LTE wouldn't be launching till the second half of the year,
slightly later than we had been anticipating. Taking all that into
consideration, it was still a strong quarterly showing from the
value-centered wireless carrier.
via android.pandaapp.com
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