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Inside T-Mobile’s Prepaid Customer Net Additions

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T-Mobile’s prepaid net additions

Now let’s take a look at the trend of T-Mobile’s (TMUS) prepaid customer net additions over the past few quarters. The telecommunications company added 135,000 net prepaid customers in the fourth quarter of 2018 compared to the 149,000 net customers it added in the fourth quarter of 2017. According to the company, the YoY (year-over-year) fall was mainly the result of higher competitive activity in the marketplace partially offset by less migration to postpaid plans.

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T-Mobile’s number of prepaid customers had increased ~2.3% YoY to 21.1 million as of December 31. In comparison, Verizon’s (VZ) number of prepaid customers had fallen ~14.0% YoY to 4.6 million, while AT&T’s (T) number of prepaid customers had risen ~10.9% YoY to 17.0 million. Sprint’s (S) number of prepaid customers had fallen ~1.7% YoY to 8.8 million as of the same date.

Peer comparison

In comparison, AT&T gained 26,000 net prepaid customers in the quarter that ended on December 31, while Verizon lost 90,000 net prepaid subscribers. Meanwhile, Sprint lost 173,000 net prepaid customers in the same quarter.

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