John Legere

The fourth-largest carrier T-Mobile is out with its preliminary fourth quarter earnings on Wednesday, and they show it might not be the fourth-largest carrier for long. The mobile carrier, lead by scrappy CEO John Legere, posted a total of 8.3 million total net customer additions in 2014, providing the biggest year of growth for the company yet – 89 percent from the prior year.

T-Mobile added 2.1 million total net customer additions, 1.3 million branded postpaid net customer additions, 1.0 million branded postpaid phone net customer additions, and 266,000 branded prepaid net customer additions in the fourth quarter of 2014, its preliminary earnings report said on Wednesday. Legere is calling the year a record breaker.

“We continued to take share from our competitors and attracted 8.3 million net customers in 2014 who were looking for value, simplicity and transparency,” Legere said. “While my competitors are hiding behind less valuable connected device subscriber additions and managing profit expectations to the downside, T-Mobile delivered over 2.1 million customers in Q4, while managing the balance between growth and profitability. Needless to say, 2014 was a record breaking year.”

The T-Mobile US stock is up close to two percent in regular trading on Wednesday.

T-Mobile, with Legere leading the way, has been trying to reshape the wireless industry by ending two-year contracts, and adding plans to allow customers to upgrade phones when they’d like, unlimited data, messages, and voice, and free data roaming in worldwide.

At the end of 2014, John Legere promised it will beat Sprint to become the third-largest carrier in the US during 2015. With these numbers, T-Mobile is looking mighty close to passing them, if it hasn’t already.

[T-Mobile]

  • Chang in Charge

    I’m just waiting for that indoor signal to improve and overall coverage and I will definitely make the jump. Verizon’s only hold on me is coverage.

    • Vince Reedy

      I made the jump from Verizon to T-Mobile 2 months ago and coverage has been ok. Sometimes indoor is a problem but hopefully they fix it this year like Legere promised.

      • Bugs Bunnay

        what the heck is wifi calling for and why have they been using it for years then??

    • Same for me with At&t

      • Montgomery Tyler

        same here just waiting for the same

    • Antzboogie

      Wifi calling has helped me a lot. TMobile is awesome and the potential is there I’m happy I switched from Verizon to them.

    • David Castaneda

      Just so you know ask your local t-mobile about their cell spots. They improve the signal indoors and doubles as a wifi router. They’re great.

      • Chang in Charge

        Yeah but I’m not going to do any work whatsoever to improve my cellular signal. Maybe in my home yeah but what about all the times I’m indoors and not at home. The few people I know with T-Mo struggle with the indoor reception. The struggle is real. But good looking out.

  • Vince Reedy

    If they deliver on his network promises for this year, they will pass them for sure. I hope they stay this way all the way to challenging AT&T if they get that big. Network is the only thing stopping them.

  • nonchalont

    Yup, once they upgrade their network/coverage, tmo will be a force to reckon with. Why I’m staying Verizon because of the coverage, unlim everything for $100 a month.

  • Fanboy 

    Not going to lie, I thought T-Mobile was just using great marketing and hype. But I recently did a speedtest next to my friend, exact same iPhones. Mine with AT&T and him with T-Mobile and his download speeds actually beat mine (by like 0.5MBps, but nonetheless shows that T-Mobile’s speeds are up to par). However, I know AT&T’s coverage is greater so I wouldnt switch over just yet.

  • Lurker22

    A lot of Tmobile coverage issues can be mitigate via WIFI calling (included in all iPhones)

  • MacGuru17

    I broke up with evil AT&T when the iPhone 6 came out, and I couldn’t be happier. My coverage has been just as good as AT&T’s, and I am loving having the security of truly unlimited data. The mobile hotspot capability and free international text/data use are also huge pluses!

  • Bugs Bunnay

    go magenta.

  • Guest

    Just so you know ask your local t-mobile about their cell spots. They improve the signal indoors and doubles as a wifi router.