Sunday, July 29, 2012

MetroPCS 2012 Q2 sees profits skyrocket to $149 million despite losing nearly 200,000 subscribers

MetroPCS 2012 Q2 sees profits skyrocket to $149 million despite losing nearly 200,000 subscribers

MetroPCS has announced that it pulled in $1.3 billion in the second quarter of the year, only slightly more than it managed in the first. It made a profit of $149 million, well up from the $21 million it pulled in between January and March, despite shedding around 200,000 subscribers in the process. The company's deliberately concentrated on raising cash at the expense of new subscriptions in preparation for its 4G LTE for All project, due to begin in the third quarter.

Engadget , MetroPCS 2012 Q2 sees profits skyrocket to $149 million despite losing nearly 200,000 subscribers, MetroPCS 2012 Q2 sees profits skyrocket to $149 million despite losing nearly 200,000 subscribers

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