Wireless Results Scorecard

The four major mobile carriers have presented their 2008 second quarter financial results, and it’s really a tough time to be Sprint. We compiled a quick scorecard after T-Mobile USA reported its numbers this morning, so for an at-a-glance view of which added the most new subscribers (Verizon) or which makes the most money off of each subscriber (Sprint), see below.

AT&T reported Q2 earnings on July 23:

  • Wireless revenue: $12 billion
  • Wireless operating income: $3.1 billion
  • Churn (postpaid only): 1.1 percent
  • Net adds: 1.3 million
  • Total subscribers: 72.9 million
  • Data revenue: $2.5 billion
  • Average ARPU: $50.60

Verizon reported Q2 earnings on July 28:

  • Wireless revenue: $12.1 million billion
  • Wireless operating income: N/A
  • Blended churn: 1.12 percent, postpaid 0.83 percent
  • Net adds: 1.5 million
  • Total subscribers: 68.7 million
  • Data revenue: $2.6 billion
  • Average ARPU: $51.53

Sprint reported Q2 results on August 6:

  • Wireless revenue: $7.7 billion
  • Wireless operating loss: $142 million
  • Churn (postpaid only): “just under” 2 percent
  • Net loss: 901,000
  • Total subscribers: 51.9 million
  • Data revenue: N/A
  • Average ARPU: $53.47 (excludes wholesale customers)

T-Mobile reported Q2 earnings today:

  • Wireless revenue: $4.85 billion
  • Wireless net income: $452 million
  • Blended churn: 2.7 percent, postpaid 1.9 percent
  • Net adds: 668,000
  • Total subscribers: 31.5 million
  • Data revenue: N/A
  • Average ARPU: $52
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