T-Mobile's Dreams of Changing the Wireless Industry Don't Come Cheap

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T-Mobile posted a $151 million first-quarter loss despite adding a net 2.4 million customers — its best quarter ever in terms of subscriber growth.

But the telecom company's efforts to acquire new customers have proven expensive, particularly its willingness to cover the fees for new subscribers that break contracts with other companies. The investment has paid off, with T-Mobile's subscriber growth outpacing rivals AT&T and Verizon combined.

See also: Our Addiction to Phone Subsidies Keeps the Wireless Industry Broken

The new subscribers helped revenue jump 19%, which excludes the income from the recently acquired prepaid business MetroPCS. Overall, T-Mobile now claims 49.1 million U.S. subscribers Read more...

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from MashableJason Abbruzzese