T-Mobile Q1 finances not too good

T-Mobile has announced their 1st quarter results which show that T-Mobile is suffering just as much as anyone else in these rough economic times.

A report over at fiercewireless has it that only 415,000 new subscribers joined in the 1st quarter compared to 621,000 in the 4th quarter of 08. Contracts also tumbled slightly down to 2.3 percent as to 2.4 percent in the 4th quarter of 08.

However, T-Mobile continues to push forward with virtually doubling their 3G UMTS network coverage with a goal to increase coverage from 107 million to 205 million POPs.

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