5G Technology World

  • 5G Technology and Engineering
  • FAQs
  • Apps
  • Devices
  • IoT
  • RF
  • Radar
  • Wireless Design
  • Learn
    • 5G Videos
    • Ebooks
    • EE Training Days
    • FAQs
    • Learning Center
    • Tech Toolboxes
    • Webinars/Digital Events
  • Handbooks
    • 2024
    • 2023
    • 2022
    • 2021
  • Resources
    • Design Guide Library
    • EE World Digital Issues
    • Engineering Diversity & Inclusion
    • Engineering Training Days
    • LEAP Awards
  • Advertise
  • Subscribe

MetroPCS Shares Fall on Q3 Results

By Staff Author | November 5, 2009

MetroPCS Communications’ shares were down more than 7 percent today after the no-contract carrier reported third-quarter results. Shares in rival Leap Wireless International, which reports its results later today, also were down more than 6 percent.

MetroPCS ended the third quarter with just over 6.3 million subscribers, with 66,157 net additions in the quarter, disappointing analysts. In the year-ago quarter, the carrier had 249,265 net adds.

Metro’s ARPU was $41.08 in the third quarter compared with $40.73 in the year-ago quarter. Churn was 5.8 percent compared with 4.8 percent a year ago. Cost per growth addition was $153.94 compared with $128.21 a year ago.

Net income for the quarter increased $29 million, or 64 percent, compared to the third quarter of 2008. MetroPCS expects net subscriber additions in the range of 1 million to 1.2 million on a consolidated basis for the fourth quarter.

As for that persistent speculation that MetroPCS will hook up with Leap, Dow Jones reports that MetroPCS CEO Roger Linquist told analysts on a conference call that there’s no interest in pursuing a transaction, although he’s open to a deal if the opportunity arose.


Filed Under: Carriers

 

Next Article

← Previous Article
Next Article →

Related Articles Read More >

eSIM
eSIM eases changing carriers for phones and IoT
QoE and QoS comparison
Benchmarking in 5G: More important than ever
iPhone 12
I bought a 5G phone, now what?
6G
Key takeaways from 6G Symposium

Featured Contributions

  • Overcome Open RAN test and certification challenges
  • Wireless engineers need AI to build networks
  • Why AI chips need PCIe 7.0 IP interconnects
  • circuit board timing How timing and synchronization improve 5G spectrum efficiency
  • Wi-Fi 7 and 5G for FWA need testing
More Featured Contributions

EE TECH TOOLBOX

“ee
Tech Toolbox: 5G Technology
This Tech Toolbox covers the basics of 5G technology plus a story about how engineers designed and built a prototype DSL router mostly from old cellphone parts. Download this first 5G/wired/wireless communications Tech Toolbox to learn more!

EE LEARNING CENTER

EE Learning Center
“5g
EXPAND YOUR KNOWLEDGE AND STAY CONNECTED
Get the latest info on technologies, tools and strategies for EE professionals.

Engineering Training Days

engineering
“bills
5G Technology World
  • Enews Signup
  • EE World Online
  • DesignFast
  • EDABoard Forums
  • Electro-Tech-Online Forums
  • Microcontroller Tips
  • Analogic Tips
  • Connector Tips
  • Engineer’s Garage
  • EV Engineering
  • Power Electronic Tips
  • Sensor Tips
  • Test and Measurement Tips
  • About Us
  • Contact Us
  • Advertise

Copyright © 2025 WTWH Media LLC. All Rights Reserved. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of WTWH Media
Privacy Policy

Search 5G Technology World