MetroPCS Q3: 1 million LTE subscribers, strong profit

According to cnet ,MetroPCS, the fifth largest cellular network in the U.S., has posted strong third-quarter earnings, along with more than 1 million LTE subscribers on its network.

according to today’s network third-quarter profit of $193 million . year ago the recorded profit is $193 million.which is 4% more than the previous one.

Analysts had expected revenue of $1.25 billion for the third quarter.

MetroPCS CEO Roger Linquist said in a statement:
Late in the third quarter, we launched 4G LTE For All and while still early, we are pleased with initial results, including customer upgrades and churn. As we enter the fourth quarter, our 4G LTE For All efforts are in full-swing and with over one million 4G LTE subscribers at the end of the third quarter, we believe we are well positioned to meet the current demands for high-speed wireless broadband service.
During the fourth quarter, we plan to focus on re-energizing subscriber growth, which we expect will put incremental pressure on our CPGA and CPU. With a robust 4G LTE handset line-up that is growing, we believe our 4G LTE For All initiative provides unmatched value, with all taxes and regulatory fees included.

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