MetroPCS pumps up subscriber base with expansion markets

Cricket Wireless and MetroPCS are benefitting from their new AWS markets. We found out on Tuesday that Leap added many new customers in their expansion markets, far more than in their core markets. MetroPCS announced their second quarter results, and they’ve added plenty of customers in new markets: 164,093, or nearly 50,000 more than Leap added. Total, Metro picked up over 180,000 subscribers. So while Metro outgrew Leap in the expansion markets, Leap won the core markets battle by a significant margin. They end the second quarter with a total of 4.6 million subscribers nationwide. MetroPCS President and CEO Roger Lindquist sounded enthused about his company’s performance:

“Not only have we continued to add new markets, but we continue to innovate and add to our service offerings. During the quarter we introduced MetroFlash; an exciting service that allows consumers to bring their existing compatible CDMA handsets and use them on the MetroPCS network. With rising prices, consumers are looking for ways to cut expenses and MetroFlash, along with our low cost, flat-rate, unlimited service plans, makes MetroPCS an affordable and compelling option. “Our buildout of our Auction 66 Markets continues, and we look forward to our future launches of service in the New York and Boston metropolitan areas. We were very pleased to reach an important milestone in early July with the launch of service in our first Northeast market, Philadelphia, ahead of schedule. Similar to our upcoming launches of service in New York and Boston, the Philadelphia metropolitan area is a densely populated market and is ideal for MetroPCS’ predictable, affordable and flexible service. We expect our Northeast markets represent a significant area of future growth for the Company,” Linquist concluded.
Metro should be picking up more in expansion markets in the third quarter, as they just launched service in Philadelphia.]]>

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1 Comments

  1. PrepaidWirelessGuy on August 7, 2008 at 6:34 pm

    I’ve heard rumors that Metro will at some point be discontinuing its unlimited offer. Still looking for confirmation, but I wouldn’t be surprised. There are always abusers of such offers that render them unprofitable for carriers. We’ve seen the same evolution with postpaid data plans, and with no contract, I’d be surprised if unlimited models are sustainable. We’ll see.
    Cheers,
    PrepaidWirelessGuy
    http://www.prepaid-wireless-guide.com