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T-Mobile adds more prepaid than postpaid in third quarter
posted by Joe on November 7th, 2008 - 10:00 am | T-Mobile
Here’s some news you don’t expect to hear: a major carrier has added more prepaid customers than postpaid. T-Mobile announced their third quarter results, and it looks like their FlexPay plans have worked out. The company added 670,000 net customers, 377,000 of which were prepaid, and the bulk of those were FlexPay. This is quite a change even for T-Mobile, which added 80 percent contract customers in the second quarter of this year and 65 percent in the third quarter last year. They also saw churn increase from 2 percent to 2.4 percent, but they company says that this is because of early customers coming to the end of their first two-year contracts. T-Mobile introduced them in April 2006.

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