3rd Quarter Wireless Service Provider Results
Thread Starter
on bin laden
Joined: Feb 2001
Posts: 4,696
Likes: 0
From: Bloomington, MN
3rd Quarter Wireless Service Provider Results
Verizon Wireless:
1,400,000 total net customer additions
1.9% total churn, 1.4% post-paid churn
$5.3 Billion total revenue
36,000,000 total customers
$50.03 ARPU
AT&T Wireless:
229,000 total net customer additions
2.7% total churn
$4.374 Billion total revenue
21,855,000 total customers
$61.20 ARPU
Cingular Wireless:
745,000 total net customer additions
2.8% total churn
$4.0 Billion total revenue
23,400,000 total customers
$48.25 ARPU
Sprint PCS:
496,000 total net customer additions
2.7% total churn
$3.34 Billion total revenue
19,300,000 total customers
$63 ARPU
Nextel Communications:
646,000 total net customer additions
1.4% total churn
$2.9 Billion total revenue
12,300,000 total customers
$71 ARPU
Let me know if you need weblinks for any of this data.
I'd like to hear about some other industries if you guys have the data.
1,400,000 total net customer additions
1.9% total churn, 1.4% post-paid churn
$5.3 Billion total revenue
36,000,000 total customers
$50.03 ARPU
AT&T Wireless:
229,000 total net customer additions
2.7% total churn
$4.374 Billion total revenue
21,855,000 total customers
$61.20 ARPU
Cingular Wireless:
745,000 total net customer additions
2.8% total churn
$4.0 Billion total revenue
23,400,000 total customers
$48.25 ARPU
Sprint PCS:
496,000 total net customer additions
2.7% total churn
$3.34 Billion total revenue
19,300,000 total customers
$63 ARPU
Nextel Communications:
646,000 total net customer additions
1.4% total churn
$2.9 Billion total revenue
12,300,000 total customers
$71 ARPU
Let me know if you need weblinks for any of this data.
I'd like to hear about some other industries if you guys have the data.
Movin on up...
Joined: May 2003
Posts: 6,543
Likes: 1
From: Middle of Jersey
Re: 3rd Quarter Wireless Service Provider Results
Originally posted by fbazakos
Verizon Wireless:
1,400,000 total net customer additions
1.9% total churn, 1.4% post-paid churn
$5.3 Billion total revenue
36,000,000 total customers
$50.03 ARPU
Verizon Wireless:
1,400,000 total net customer additions
1.9% total churn, 1.4% post-paid churn
$5.3 Billion total revenue
36,000,000 total customers
$50.03 ARPU
400,000 total net customer additions by mikeymobiles
Race Director
Joined: Sep 2000
Posts: 10,121
Likes: 0
From: Overland Park, Kansas
Now maybe you'll stop talking so much sh*t about Sprint. Our numbers are right in line with all the other big boys except Verizon (wonder what THEY are doing to their books) and EVERYBODY is way ahead of T-Mobile.
Sprint has the most valuable "regular" customers with a $63 ARPU (Nextel is business so they're expected to be on top) with Verizon with a lot of cheapskates. Ok, that was my shot a Verizon; but VZW does have the most net add this quarter and they've managed to keep their churn slightly lower than everyone else (who are all pretty much even) to keep the most customers overall.
I still believe if Verizon hadn't jumped straight to the top a few years ago with all those mergers, they wouldn't be so far ahead. Anyway that's another story. One day we're going to get a bunch of cheap Nokias and Motorola and sell them for 5 for a penny and rack up some customers, too.
What you can take away from those quarterly results: Third quarter was not really that bad in the wireless industry, in fact it was damn good for Verizon...again. You should know that 4th quarter is the big one. Looking forward to it.
Sprint has the most valuable "regular" customers with a $63 ARPU (Nextel is business so they're expected to be on top) with Verizon with a lot of cheapskates. Ok, that was my shot a Verizon; but VZW does have the most net add this quarter and they've managed to keep their churn slightly lower than everyone else (who are all pretty much even) to keep the most customers overall.
I still believe if Verizon hadn't jumped straight to the top a few years ago with all those mergers, they wouldn't be so far ahead. Anyway that's another story. One day we're going to get a bunch of cheap Nokias and Motorola and sell them for 5 for a penny and rack up some customers, too.
What you can take away from those quarterly results: Third quarter was not really that bad in the wireless industry, in fact it was damn good for Verizon...again. You should know that 4th quarter is the big one. Looking forward to it.
Thread Starter
on bin laden
Joined: Feb 2001
Posts: 4,696
Likes: 0
From: Bloomington, MN
There are tons more factors that I didn't bother with ... I figured I'd get flamed as is ... ARPU should be compared with the cost per subscriber. But that was enough to give you guys a taste. Cingular is really pulling itself out of a hole. I am impressed by their results. As Ken said, Verizon killed everybody, again, but it's their time in the spotlight right now. Who knows what will happen over the next few years. As Mikey said, number portability starts november 24 ... industry experts are guessing who is gonna win the most. it may end up being a wash, but i feel that people will be looking at quality, customer service, and pricing. I just don't see handsets making that big an impact. I also don't see new services making that big an impact. I'm referring to the number portability impact.
4th quarter is going to amazing. People don't have a clue as to what operators are going to offer to sway them to choosing a new provider.
4th quarter is going to amazing. People don't have a clue as to what operators are going to offer to sway them to choosing a new provider.
Trending Topics
Race Director
Joined: Sep 2000
Posts: 10,121
Likes: 0
From: Overland Park, Kansas
Originally posted by soopa
cingular and att are bigger then sprint?! crazy
nextel is alot smaller then i thought
cingular and att are bigger then sprint?! crazy
nextel is alot smaller then i thought
Just like Verizon Wireless, when a group of carriers (Primeco, Bell Atlantic, GTE, AirTouch, etc) consolidated and merged their networks and all their customers into one.
Only Sprint is totally all Sprint and always have been from the beginning (except we do count Virgin Mobile and we bought some Hawaii customers from now Verizon).
Sprint was the only Company with a license to do business in all 50 states. Nobody alone had the license, so in order to be a nationwide carrier, they (Verizon and Cingular) bought and sold properties, licenses, and customers to become who they are today. True they have spent a lot of money making the company into one company, one network, but when I first started working for Sprint in 1999, we were killing all the "little" guys until they got together. We're now getting our butts kicked but Sprint is hanging in there respectively.
Oh and ATT of course is a bunch of local and regional carriers put together also. All those cellular carriers like Cellular One, etc....rolled into ATT. Now that ATT is converting to GSM, they're going to have to spend a ton of money to build out their entire network to be nationwide GSM...or do what everyone else had to do...merge with a fellow GSMer (ala Cingular or T-Mobile).
Not fair...but that's business; that's why Sprint says we are the only all-digital PCS nationwide network built from the ground up. And it's the truth.
I too am curious what will happen with number portability. I suspect it won't be as dramatic as expected.
Thread Starter
on bin laden
Joined: Feb 2001
Posts: 4,696
Likes: 0
From: Bloomington, MN
Originally posted by kensteele
Cingular is also the result of several wireless carriers merging together to fight the big battle: Southwestern Bell parent SBC, BellSouth Mobility, and some others.
Just like Verizon Wireless, when a group of carriers (Primeco, Bell Atlantic, GTE, AirTouch, etc) consolidated and merged their networks and all their customers into one.
Only Sprint is totally all Sprint and always have been from the beginning (except we do count Virgin Mobile and we bought some Hawaii customers from now Verizon).
Sprint was the only Company with a license to do business in all 50 states. Nobody alone had the license, so in order to be a nationwide carrier, they (Verizon and Cingular) bought and sold properties, licenses, and customers to become who they are today. True they have spent a lot of money making the company into one company, one network, but when I first started working for Sprint in 1999, we were killing all the "little" guys until they got together. We're now getting our butts kicked but Sprint is hanging in there respectively.
Oh and ATT of course is a bunch of local and regional carriers put together also. All those cellular carriers like Cellular One, etc....rolled into ATT. Now that ATT is converting to GSM, they're going to have to spend a ton of money to build out their entire network to be nationwide GSM...or do what everyone else had to do...merge with a fellow GSMer (ala Cingular or T-Mobile).
Not fair...but that's business; that's why Sprint says we are the only all-digital PCS nationwide network built from the ground up. And it's the truth.
I too am curious what will happen with number portability. I suspect it won't be as dramatic as expected.
Cingular is also the result of several wireless carriers merging together to fight the big battle: Southwestern Bell parent SBC, BellSouth Mobility, and some others.
Just like Verizon Wireless, when a group of carriers (Primeco, Bell Atlantic, GTE, AirTouch, etc) consolidated and merged their networks and all their customers into one.
Only Sprint is totally all Sprint and always have been from the beginning (except we do count Virgin Mobile and we bought some Hawaii customers from now Verizon).
Sprint was the only Company with a license to do business in all 50 states. Nobody alone had the license, so in order to be a nationwide carrier, they (Verizon and Cingular) bought and sold properties, licenses, and customers to become who they are today. True they have spent a lot of money making the company into one company, one network, but when I first started working for Sprint in 1999, we were killing all the "little" guys until they got together. We're now getting our butts kicked but Sprint is hanging in there respectively.
Oh and ATT of course is a bunch of local and regional carriers put together also. All those cellular carriers like Cellular One, etc....rolled into ATT. Now that ATT is converting to GSM, they're going to have to spend a ton of money to build out their entire network to be nationwide GSM...or do what everyone else had to do...merge with a fellow GSMer (ala Cingular or T-Mobile).
Not fair...but that's business; that's why Sprint says we are the only all-digital PCS nationwide network built from the ground up. And it's the truth.
I too am curious what will happen with number portability. I suspect it won't be as dramatic as expected.
regarding sprint's claim to fame of "all-digital PCS nationwide network built from the ground up" ... sure it may be true ... but what does it mean ... better yet ... does it mean anything good? hahaha ... consumers are so stupid, just throw some buzz words out there and ... wow ... you have customers.
Thread Starter
on bin laden
Joined: Feb 2001
Posts: 4,696
Likes: 0
From: Bloomington, MN
Originally posted by chrisbpickering
VZW needs to get that ARPU up, that's much lower than the others. If the ARPU was higher, this would be a total blow away of the other carriers.
VZW needs to get that ARPU up, that's much lower than the others. If the ARPU was higher, this would be a total blow away of the other carriers.
Moderator Alumnus
Joined: Dec 2001
Posts: 9,263
Likes: 2
From: Lenexa, KS
Originally posted by kensteele
Now maybe you'll stop talking so much sh*t about Sprint. Our numbers are right in line with all the other big boys except Verizon (wonder what THEY are doing to their books) and EVERYBODY is way ahead of T-Mobile.
Sprint has the most valuable "regular" customers with a $63 ARPU (Nextel is business so they're expected to be on top) with Verizon with a lot of cheapskates. Ok, that was my shot a Verizon; but VZW does have the most net add this quarter and they've managed to keep their churn slightly lower than everyone else (who are all pretty much even) to keep the most customers overall.
I still believe if Verizon hadn't jumped straight to the top a few years ago with all those mergers, they wouldn't be so far ahead. Anyway that's another story. One day we're going to get a bunch of cheap Nokias and Motorola and sell them for 5 for a penny and rack up some customers, too.
What you can take away from those quarterly results: Third quarter was not really that bad in the wireless industry, in fact it was damn good for Verizon...again. You should know that 4th quarter is the big one. Looking forward to it.
Now maybe you'll stop talking so much sh*t about Sprint. Our numbers are right in line with all the other big boys except Verizon (wonder what THEY are doing to their books) and EVERYBODY is way ahead of T-Mobile.
Sprint has the most valuable "regular" customers with a $63 ARPU (Nextel is business so they're expected to be on top) with Verizon with a lot of cheapskates. Ok, that was my shot a Verizon; but VZW does have the most net add this quarter and they've managed to keep their churn slightly lower than everyone else (who are all pretty much even) to keep the most customers overall.
I still believe if Verizon hadn't jumped straight to the top a few years ago with all those mergers, they wouldn't be so far ahead. Anyway that's another story. One day we're going to get a bunch of cheap Nokias and Motorola and sell them for 5 for a penny and rack up some customers, too.
What you can take away from those quarterly results: Third quarter was not really that bad in the wireless industry, in fact it was damn good for Verizon...again. You should know that 4th quarter is the big one. Looking forward to it.
Why don't you compare financial reports for the 3rd quarter
verizon is making money, where as sprint isn't.
Sprint PCS Group the fourth-largest U.S. wireless phone company, on Thursday posted a quarterly loss as it added fewer customers than expected, sending its shares down more than 17 percent.
"That's the problem. They spent a lot of money on customers, and they still couldn't keep them," said Patrick Comack (News) , analyst with Guzman & Co. "This sets up Verizon (Wireless) for a big quarter."
The FON Group reported a net loss of $433 million, compared to net income of $526 million in the period a year ago. Revenue was $3.5 billion, down 7 percent from a year ago.
The PCS Group, the wireless division, reported a third-quarter loss of 7 cents per share on revenue of $3.3 billion. That compared to a loss of 1 cent per share in the quarter a year ago on sales of $3.2 billion.
"That's the problem. They spent a lot of money on customers, and they still couldn't keep them," said Patrick Comack (News) , analyst with Guzman & Co. "This sets up Verizon (Wireless) for a big quarter."
The FON Group reported a net loss of $433 million, compared to net income of $526 million in the period a year ago. Revenue was $3.5 billion, down 7 percent from a year ago.
The PCS Group, the wireless division, reported a third-quarter loss of 7 cents per share on revenue of $3.3 billion. That compared to a loss of 1 cent per share in the quarter a year ago on sales of $3.2 billion.
Although I'm sure the pending layoffs will help us financially. Verizon has the ball at the moment.
Moderator Alumnus
Joined: Dec 2001
Posts: 9,263
Likes: 2
From: Lenexa, KS
I think once the new CEO is done cleaning up (gary Forsee) we'll see some financial changes.
They are cutting all of the high end fat. i.e. Directors/managers right now.
And doing job re-assessments. HR is asking for complete job descriptions from all employees over the next 3 months. And is re-rating a lot of folks, and or cutting them.
Next year should hopefully show some good return on the changes... I think the idea of a good final 1/4 for us is not looking very good.
Not to mention Sprint is outsourcing a ton of programming jobs to india now. I hope that isn't a burden in the long run...
Every Sprint employee knows the acronym "RIF"
Reduction in Force
Unfortunetly so does a good portion of the country...
They are cutting all of the high end fat. i.e. Directors/managers right now.
And doing job re-assessments. HR is asking for complete job descriptions from all employees over the next 3 months. And is re-rating a lot of folks, and or cutting them.
Next year should hopefully show some good return on the changes... I think the idea of a good final 1/4 for us is not looking very good.
Not to mention Sprint is outsourcing a ton of programming jobs to india now. I hope that isn't a burden in the long run...
Every Sprint employee knows the acronym "RIF"
Reduction in Force
Unfortunetly so does a good portion of the country...
Moderator Alumnus
Joined: Dec 2001
Posts: 9,263
Likes: 2
From: Lenexa, KS
heheh, some folks at sprint made tihs in regards to the thousands of jobs going to india.
http://www.sprintcampus.com/
http://www.sprintcampus.com/
Old timer
Joined: Dec 2000
Posts: 9,224
Likes: 1
From: .
When I read Ken Steele's posts for some reason I picture Alton from Real World Las Vegas typing them out. I guess cuz his avatar kinda looks like a bald black guy.
Yeah right that would mean he's bangin that hottie Irulan and we know that ain't true.
Also this thread is gay.
Oh and 7676 posts!
Yeah right that would mean he's bangin that hottie Irulan and we know that ain't true.
Also this thread is gay.
Oh and 7676 posts!
Moderator Alumnus
Joined: Jan 2001
Posts: 4,493
Likes: 0
From: NY
Originally posted by mikeymobiles
I wish the best of luck to all the companys during Number Portability!
I wish the best of luck to all the companys during Number Portability!
Originally posted by fbazakos
the other million were from yuppieCL in his first month.
the other million were from yuppieCL in his first month.
The Creator
Joined: Apr 2000
Posts: 37,950
Likes: 8
From: Albany, NY
Originally posted by JRock
When I read Ken Steele's posts for some reason I picture Alton from Real World Las Vegas typing them out. I guess cuz his avatar kinda looks like a bald black guy.
Yeah right that would mean he's bangin that hottie Irulan and we know that ain't true.
Also this thread is gay.
Oh and 7676 posts!
When I read Ken Steele's posts for some reason I picture Alton from Real World Las Vegas typing them out. I guess cuz his avatar kinda looks like a bald black guy.
Yeah right that would mean he's bangin that hottie Irulan and we know that ain't true.
Also this thread is gay.
Oh and 7676 posts!
Movin on up...
Joined: May 2003
Posts: 6,543
Likes: 1
From: Middle of Jersey
Originally posted by KCPreki11
where's T-Mobile?
where's T-Mobile?
Sleeping under a rock.....THey might be worse then sprint...but is still a sort of new company so i'll give it to them since they have changed there name 3 times...omnipoint,voicestream,t-mobile..what's next?
Thread Starter
on bin laden
Joined: Feb 2001
Posts: 4,696
Likes: 0
From: Bloomington, MN
Originally posted by KCPreki11
where's T-Mobile?
where's T-Mobile?
i'm sure the customer adds are fine, it's just their financials that'll suck. sprint did okay financially, but the customer adds sucked, some for at&t ... cingular took a hit financially to get customers ... that's how it goes ... only verizon has seemed to find a way to win on both categories ... over and over again.
anyways, t-mobile barely counts as a nationwide provider. alltel is right on their heels if that gives you an idea of how small t-mobile is.
Thread Starter
on bin laden
Joined: Feb 2001
Posts: 4,696
Likes: 0
From: Bloomington, MN
Originally posted by soopa
at&t shouldnt count as nationwide either. i can't even get them here until next year.
at&t shouldnt count as nationwide either. i can't even get them here until next year.
Albany, Schenectady, and Troy, all form the #64 market with about 875,000 people. it is a tier 2 market, but still should be covered by At&t.
Don't know who I will try in Feb when my crappy Sprint service is up. But the biggest thing for me is being able to use my phone. I cannot use it most of the time cause Sprint has dead spots all around my living area.
Hey kensteele
Who's in charge of adding towers for Sprint? I'd have no problem if there was 1 near me.
Hey kensteele
Who's in charge of adding towers for Sprint? I'd have no problem if there was 1 near me.
Thread Starter
on bin laden
Joined: Feb 2001
Posts: 4,696
Likes: 0
From: Bloomington, MN
Originally posted by fuzzy02CLS
Don't know who I will try in Feb when my crappy Sprint service is up. But the biggest thing for me is being able to use my phone. I cannot use it most of the time cause Sprint has dead spots all around my living area.
Hey kensteele
Who's in charge of adding towers for Sprint? I'd have no problem if there was 1 near me.
Don't know who I will try in Feb when my crappy Sprint service is up. But the biggest thing for me is being able to use my phone. I cannot use it most of the time cause Sprint has dead spots all around my living area.
Hey kensteele
Who's in charge of adding towers for Sprint? I'd have no problem if there was 1 near me.
most carriers offer a trial for about 2 weeks, in which you can return it if you aren't happy. i'd get like 3 or 4 and carry them around simultaneously and see which serves your needs the best.
The Creator
Joined: Apr 2000
Posts: 37,950
Likes: 8
From: Albany, NY
Originally posted by fbazakos
you can't get AT&T at all??? you mean their GSM, right? or you can't get TDMA either? wow.
Albany, Schenectady, and Troy, all form the #64 market with about 875,000 people. it is a tier 2 market, but still should be covered by At&t.
you can't get AT&T at all??? you mean their GSM, right? or you can't get TDMA either? wow.
Albany, Schenectady, and Troy, all form the #64 market with about 875,000 people. it is a tier 2 market, but still should be covered by At&t.
theyve begun opening AT&T kiosks in the malls and selling AT&T phones and plans...
but i still havent heard an official date of when the service will work in upstate ny.
i heard a rep say yesterday on the radio that they plan to plan to be the largest carrier from NYC to the canadian border.
lil bit late to the party.
The Creator
Joined: Apr 2000
Posts: 37,950
Likes: 8
From: Albany, NY
article from the paper yesterday...
http://www.timesunion.com/AspStories...ate=10/29/2003
whoa.
from readin the att forums... i guess they have lacked coverage of any of new york other then NYC metro area. including Albany, Buffalo, Syracuse, and Rochester. All of which are metro areas of more than a million people. doesnt make sense to me
http://www.timesunion.com/AspStories...ate=10/29/2003
A third of all the text messages sent in the United States are handled by AT&T Wireless.
from readin the att forums... i guess they have lacked coverage of any of new york other then NYC metro area. including Albany, Buffalo, Syracuse, and Rochester. All of which are metro areas of more than a million people. doesnt make sense to me
The Creator
Joined: Apr 2000
Posts: 37,950
Likes: 8
From: Albany, NY
it also seems like everyone on the forums has chosen verizon as the alternative to ATT. interesting since most of them are on the forums yearning for GSM. which is only available on T-Mobile in my area.
Movin on up...
Joined: May 2003
Posts: 6,543
Likes: 1
From: Middle of Jersey
Originally posted by soopa
it also seems like everyone on the forums has chosen verizon as the alternative to ATT. interesting since most of them are on the forums yearning for GSM. which is only available on T-Mobile in my area.
it also seems like everyone on the forums has chosen verizon as the alternative to ATT. interesting since most of them are on the forums yearning for GSM. which is only available on T-Mobile in my area.
Suzuka Master
Joined: May 2001
Posts: 5,773
Likes: 0
From: PA
I think the GSM concept concerning the actual phones is the best but it does suck that there's no GSM carrier that can compare to Verizon's coverage. T-Mobile is spotty as hell for me...but we're starting to get these smaller companies around us that offer plans, i'm guessing they just run off of all the big boy's towers around here...there called IMMIX.