T-Mobile today reported its financial results for the second quarter of 2012, announcing a revenue of $4.4 billion and an operating income of $1.3 billion.Net profit in Q2 2012 was $207 million, down slightly from the year-ago quarter. T-Mobile says that it lost a total of 205,000 customers in the past three months, significantly higher than the 50,000 lost in year-ago quarter.
“In the second quarter, T-Mobile USA continued to show considerable progress in a number of key areas delivering solid adjusted OIBDA growth. While we reported encouraging branded contract and branded prepaid churn improvements in the quarter, we remain focused on customer loyalty as we continue to execute against our strategy,” said Jim Alling, Interim CEO and President of T-Mobile USA. “Looking ahead, T-Mobile USA will continue to invest in a number of key areas including the modernization of our network as we pave the way for LTE service in 2013, retail expansion, as well as an increased investment in promoting our brand.”