“Deutsche Telekom said Wednesday it stopped losing U.S. customers in the first quarter after it dropped conventional two-year contracts, the German company said Wednesday,” David McHugh reports for The Associated Press.
“While reporting a modest increase in first quarter net profit, Deutsche Telekom said its T-Mobile USA division saw a small increase in customers under its own brand for the first time in four years,” McHugh reports. “The company, which had been losing contract customers, switched to a new ‘un-carrier’ approach in March and started selling phones on installment plans. Branded customers rose by a slight 3,000; overall, the company added 579,000 customers to its base of 34 million in the U.S. market.”
McHugh reports, “It said it is getting a further boost from adding the iPhone to its lineup; since the quarter ended, the company began selling the iPhone April 12 and has sold 500,000 since then to new and existing customers.”
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MacDailyNews Take: iPhone, savior.
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