MetroPCS might be the smaller of the two parties in the proposed merger with T-Mobile, but it certainly knows how to coin a profit in difficult times. The carrier recorded a massive $193 million net profit this quarter, $44 million more than it made in Q2, despite losing 312,000 subscribers in the three month period. The reason behind the rosy numbers was a combination of cash-saving exercises and canny investments in securities, pushing total revenue to $1.3 billion. The network now has just under nine million customers, with more than a million of those subscribing to one of the company's LTE packages.
Engadget , MetroPCS breaks 1 million LTE customers, makes $193 million profit despite losing 312,000 users in Q3, MetroPCS breaks 1 million LTE customers, makes $193 million profit despite losing 312,000 users in Q3
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