T-Mobile’s Q1 earnings, revenue dip; 500,000 iPhones sold in under a month

T-Mobile Earnings Q1 2013
T-Mobile US on Wednesday posted first-quarter financial results for the pre-merger T-Mobile USA, which saw earnings and revenue continue to slide. Adjusted EBITDA of $1.2 billion was down more than 7% from the first quarter last year, and revenue sank 7% to $4.7 billion. The carrier finished the March quarter with approximately 34 million subscribers, an increase of about 579,000 customers. T-Mobile added 3,000 net branded subscribers but it lost 199,000 net postpaid customers in the quarter.

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