MetroPCS adds just 66,000 subscribers in the third quarter

MetroPCS blew up in the first quarter, adding 684,000 subscribers thanks to new markets in New York and Boston. Since then they’ve predictably leveled off, adding just 206,000 in the second quarter. They added far fewer in the third, just 66,000, down from 249,000 in the year-ago quarter. As with Cricket, churn was the problem for Metro. Theirs was at a staggering 5.8 percent, up a full percentage point from the third quarter 2008, though it was even with the second quarter of this year. Unlike Cricket, however, Metro saw a small uptick in ARPU. Still, that’s the average revenue per subscriber, and Metro didn’t add a lot of those in the third quarter.]]>