It seems that T-Mobile continues to grow even bigger as its CEO, John Legere, has revealed the carrier has significantly gained more customers in the third quarter, with net additions already surpassed as of September what it achieved in the second quarter.
Legere told the public on Friday, Sept 18, during the Goldman Sachs Communacopia Conference in New York that T-Mobile had already garnered 2.1 million total subscribers in the third quarter. Thanks to the carrier's wide array of promotions to entice its customers, for instance, the data rollover and the free music streaming that it offers.
Of the total number of subscribers, one million are branded postpaid net users and 760,000 are branded postpaid phone net customers.
Moreover, the CEO said the carrier had already surpassed the figure of its branded prepaid net customers, 411,000, that it reported in the same quarter last year. The company also managed to triple the figure that it logged during the second quarter: 178,000 branded prepaid net additions.
"Just got done giving the #Communacopia crowd a glimpse into how the #uncarrier is kicking ass and taking names," writes Legere on his Twitter post.
Legere also announced in the same event the company's plan to participate in the Federal Communications Commission's spectrum auction in 2016, noting that T-Mobile will be very aggressive and that it is prepared for it.
On the rumor that its rivals will not bid, Legere said, it will be their biggest mistake.
In the event, Legere did say the company is expected to end the third quarter with over 61 million total subscribers.
It is worth noting that when Legere began as the CEO of T-Mobile three years ago, the company had a U.S. market share of 11 percent. To date, the figure has already reached 17 percent, based on sources.
Legere also specifically noted at the event the great possibility of convergence of the cable and wireless industries in the U.S. soon.
Meanwhile, at the conference, Verizon said that it was expecting a roughly flat earnings growth next year.
"While well-positioned for the future, Verizon's full-year 2016 earnings may plateau at 2015 levels as the company manages near-term impacts," Verizon stated.
