6 Comments

Summary:

[qi:083] The rich mobile carriers got a little richer in the third quarter, as the nation’s top two operators increased their leads over the rest of the field. Verizon Wireless added a million subscribers and posted revenue of $15.8 billion, up 24.4 percent year-over-year, while AT&T […]

[qi:083] The rich mobile carriers got a little richer in the third quarter, as the nation’s top two operators increased their leads over the rest of the field. Verizon Wireless added a million subscribers and posted revenue of $15.8 billion, up 24.4 percent year-over-year, while AT&T reported 2 million net adds — thanks largely to the iPhone — and $13.65 in revenue, up 8 percent over the year-ago period. Meanwhile, the increasingly heated prepaid space took its toll on Leap Wireless and MetroPCS, as both service providers saw customer growth slide in the third quarter. 

Leap Wireless: Reported Nov. 5
Wireless Service Revenue: $541.3 million
Wireless Operating Income: N/A
Wireless Data Revenue: N/A
Net Prepaid Subscriber Adds: 102,000
Total Subscribers: 4.5 million
Prepaid Churn: 5.4 percent
Prepaid APRU: $39.60
Metro PCS: Reported Nov. 5
Wireless Revenue: $896 million
Wireless Operating Income: $158 million
Wireless Data Revenue: N/A
Net Prepaid Subscriber Adds: 66,157
Total Subscribers: 6.3 million
Prepaid Churn: 5.8 percent
Prepaid APRU: $41.08
T-Mobile: Reported Nov. 5
Wireless Revenue: $5.38 billion
Wireless Net Income: $417 million
Wireless Data Revenue: N/A
Net Prepaid Subscriber Adds: 63,000
Total Subscribers: 33.4 million
Blended Churn: 3.4 percent
Postpaid APRU: $52
Sprint: Reported Oct. 29
Wireless Revenue: $6.9 billion
Wireless Operating Loss: $448 million
Wireless Data Revenue: N/A
Net Prepaid Subscriber Adds: 666,000
Net Postpaid Subscriber Loss: 801,000
Total Subscribers: 48.3 million
Churn: Postpaid 2.17 percent, prepaid 6.65 percent
APRU: Postpaid $56, prepaid $35
Verizon: Reported Oct. 26
Wireless Revenue: $15.8 billion
Wireless Operating Income: $4.47 billion
Wireless Data Revenue: $4.1 billion
Net Prepaid and Postpaid Subscriber Adds: 1 million
Total Subscribers: 89 million
Churn: Postpaid 1.13 percent
APRU: Postpaid $51.04
AT&T: Reported Oct. 22
Wireless Revenue: $13.65 billion
Wireless Operating Income: $3.4 billion
Wireless Data Revenue: $3.6 billion
Net Prepaid Subscriber Adds: 641,000
Net Postpaid Subscriber Adds: 1.4 million
Total Subscribers: 81.6 million
Blended Churn: 1.43 percent
APRU: Postpaid $61.23
  1. AT&T pulled in $13,650,000,000.00 in less than 90 *days*

    vs.

    “We can’t afford to build out our network, so we are implementing caps, limiting our *Unlimited* plan to 2 GB a month…” – AT&T executive

    Share
  2. [...] multimodal communications world, the phone companies, which still rely on voice for both wired and about a quarter of their wireless revenue, should be worried. Voice revenue isn’t growing in the U.S., but that doesn’t mean that [...]

    Share
  3. [...] AT&T accounting for 80 percent of the rise, underscoring what I wrote last week about how the rich carriers are getting richer. Given the investment needed to build out new networks, and the incredible growth in data, both the [...]

    Share
  4. [...] competition was underscored in the third quarter of 2009, when both MetroPCS and Leap Wireless saw growth slide as AT&T and Verizon Wireless increased [...]

    Share
  5. [...] into first-, second- and third-tier carriers, and AT&T and Verizon Wireless continue to increase their leads over the rest of the field. The saturated market leaves little hope for Sprint and T-Mobile to turn [...]

    Share
  6. [...] results on the bottom line: Leap posted a wider loss for the quarter despite lowering its churn from the previous three-month period thanks partly to cheaper plans, while MetroPCS doubled its profits during the period as churn [...]

    Share

Comments have been disabled for this post