By Shailesh Shrivastava email: email@example.com | Mar 01, 2013 09:13 AM EST
T-Mobile's fourth quarter report is out, and there is some good news for T-Mobile subscribers.
The company during the program reports that its first two markets for LTE services, Kansas City and Las Vegas, are now completed and ready.
"T-Mobile is also accelerating the launch of its Long Term Evolution (LTE) service and will now reach 100 million people with LTE by mid-2013 and more than 200 million people with LTE by the end of the year. LTE networks have been completed in Las Vegas, NV and Kansas City, MO and are ready for customers as LTE devices launch in 201," the company said in a release.
According to some earlier reports, the company is planning to launch some LTE compatible devices very soon. The devices include Samsung Galaxy S3, BlackBerry Z10, and HTC One. T-Mobile is also believed to be launching Samsung's next smartphone Galaxy S4 on its LTE network.
T-Mobile also shed some light on its HSPA+ plans in the report and said that 225 million people are now connected to its HSPA+ service.
"Today, T-Mobile announced that it has completed upgrades in several new metro areas, including Orlando, FL, Ann Arbor, MI, and Richmond, VA. The Company's HSPA+ network currently serves 225 million people nationwide, with 142 million people covered by 4G on 1900 MHz spectrum," the release said.
Apart from the connectivity and network, T-Mobile improved its customer base in the fourth quarter and added 61,000 in the fourth quarter which is an improvement of 587,000 over the fourth quarter of 2011 and 203,000 for full year 2012, an improvement of 752,000 over full year 2011.
When it comes to revenue, T-Mobile's revenue grew to $4.9 billion against last quarter's $4.8 billion, but the revenue dropped 5.2 percent as year-on-year growth against last year's $5.2 billion.
"Total revenues, including service, equipment sales, and other revenues, were $4.9 billion in the fourth quarter of 2012, up slightly from the third quarter of 2012 but declined from $5.2 billion in the fourth quarter of 2011," the press release said.
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