MetroPCS reports Q4 subscriber loss, LTE users climb to 2.2m

MetroPCS, the pre-paid US wireless specialist that is set to merge with larger rival T-Mobile USA, has reported that its subscriber base suffered a net loss of 93,237 customers during the three-month period ended 31 December 2012. The reduction saw the cellco’s subscriber total decrease to 8.888 million, from 9.347 million a year earlier, while churn for the fourth quarter of 2012 was 3.6%, compared to 3.7% in 4Q11. More encouragingly, MetroPCS noted that the total number of subscribers signed up to its Long Term Evolution (LTE) services surpassed 2.2 million in 4Q12, an increase of 117% quarter-on-quarter. No additional financial or operational metrics have been divulged by the company thus far.