Monday, August 11, 2008

T-Mobile USA struggles to keep up with competitors

T-Mobile USA is adding new subscribers, but the No. 4 wireless operator can't seem to catch much ground on its larger competitors.

Deutsche Telekom, T-Mobile USA's parent company, reported second quarter earnings on Thursday and gave some detail on its U.S. operations. While T-Mobile USA increased revenue for the quarter by about 14.3 percent compared to a year ago, the company is not adding as many new customers as it has in the past. Total revenues rose to $5.47 billion from $4.78 billion in the prior-year quarter.

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