T-Mobile's aggressive new plans have generated massive media coverage and its flamboyant CEO has turned into a bit of a nerd superstar. But now that all American carriers have reported Q1 numbers, the actual results T-Mobile is achieving look a bit murkier than people expected. The share price of T-Mobile dropped sharply yesterday as the company revealed its Average Revenue Per User (ARPU) plunged to $50.70 from $55.47 a year earlier. Markets were expecting a number north of $51.00, which means the new customers T-Mobile is acquiring are spending less than analysts thought they would.
T-Mobile’s ‘Uncarrier revolution’ could fizzle out