Summary
T-Mobile US, Inc. (operating as MetroPCS) is presented as a facilities-based wireless broadband mobile communications provider in the United States. As of December 31, 2011, the company served over 9.3 million customers, primarily in major metropolitan areas, with a strategy focused on offering simple, affordable, and flexible no-long-term contract, paid-in-advance service plans. The company highlights its competitive strengths, including its value proposition to customers, densely populated service markets, cost leadership, and advanced networks utilizing CDMA and 4G LTE technologies. Financially, the company reported total revenues of $4.85 billion for the year ended December 31, 2011, an increase of 19% from the prior year. Net income rose significantly by 56% to $301.3 million. The company's liquidity position improved, with cash, cash equivalents, and short-term investments increasing to $2.24 billion. Significant debt financing activities were undertaken during the year, including the issuance of new term loans and senior notes, aimed at managing interest expenses and funding general corporate purposes, including spectrum acquisitions.
Financial Highlights
52 data points| Revenue | $20.62B |
| Cost of Revenue | $2.91B |
| Gross Profit | $17.70B |
| SG&A Expenses | $6.73B |
| Operating Expenses | $24.90B |
| Operating Income | -$4.28B |
| Interest Expense | $0 |
| Net Income | -$4.72B |
| EPS (Basic) | $-8.81 |
| EPS (Diluted) | $-8.81 |
| Shares Outstanding (Basic) | 535.29M |
| Shares Outstanding (Diluted) | 535.29M |
Key Highlights
- 1MetroPCS served over 9.3 million customers as of December 31, 2011, operating in major U.S. metropolitan areas.
- 2The company's business model is centered on no-long-term contract, paid-in-advance, flat-rate service plans, emphasizing value and affordability.
- 3Key competitive strengths cited include customer value proposition, high population density in service areas, cost leadership, and advanced networks utilizing CDMA and 4G LTE technology.
- 4Total revenues grew 19% year-over-year to $4.85 billion for the year ended December 31, 2011.
- 5Net income saw a substantial increase of 56%, reaching $301.3 million for the year ended December 31, 2011.
- 6The company strengthened its financial position with $2.24 billion in cash, cash equivalents, and short-term investments as of December 31, 2011.
- 7Significant debt financing activities were completed, including refinancing and issuance of new debt, to manage capital structure and support growth.