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We added 1.7 mil, So now what!

VZWREPBSC

Jan 27, 2005, 2:49 AM
😈

Are we surprised, but it was really do to all the bogo specials we had over the holidays. 🙄

http://www.thestreet.com/_yahoo/tech/scottmoritz/102 ... »
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BetterThanJake

Jan 27, 2005, 9:03 AM
http://news.vzw.com/news/2005/01/pr2005-01-27.html »

1.7 mil customer adds is very nice... but what's really going to make the competition envious is the profits ($3.0 billion for the quarter) and the record-low churn rate (1.43 percent for the quarter; drops to 1.2 percent for post-pay only).

The stock's up on the news too 🙂
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muchdrama

Jan 27, 2005, 9:40 AM
BetterThanJake said:
http://news.vzw.com/news/2005/01/pr2005-01-27.html »

1.7 mil customer adds is very nice... but what's really going to make the competition envious is the profits ($3.0 billion for the quarter) and the record-low churn rate (1.43 percent for the quarter; drops to 1.2 percent for post-pay only).

The stock's up on the news too 🙂
This makes me feel slightly better after Cingular announced their quarterly results.
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BetterThanJake

Jan 27, 2005, 10:07 AM
Well, it should. Cingy had a great qtr customer adds-wise (though not profit-wise, and their churn is still 'bout double Verizon's), but that's new for them. For VZW, quarters like this are kinda par for the course.

But I'm kinda torn... if VZW does too well, they're gonna get very complacent/arrogant and start jacking up my phone bill (as most any company would). So my strategy is 'use Verizon, but root for everybody'. 😉

Which is a lot easier to do with Cain exiled to St. Elba. He was such a Cingy fanatic that you almost had to go against him, just for your own sanity. 🤣
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muchdrama

Jan 27, 2005, 10:48 AM
BetterThanJake said:
Well, it should. Cingy had a great qtr customer adds-wise (though not profit-wise, and their churn is still 'bout double Verizon's), but that's new for them. For VZW, quarters like this are kinda par for the course.

But I'm kinda torn... if VZW does too well, they're gonna get very complacent/arrogant and start jacking up my phone bill (as most any company would). So my strategy is 'use Verizon, but root for everybody'. 😉

Which is a lot easier to do with Cain exiled to St. Elba. He was such a Cingy fanatic that you almost had to go against him, just for your own sanity. 🤣
Tales of his demise were greatly exaggerated. He's definitely no where near St. Elba. As for VZW ...
(continues)
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JDigital

Jan 27, 2005, 2:35 PM
Verizon does everything they can to undermine the indirect channel, and eventually that WILL come back to haunt them. I'm so sick of them that it actually pisses me off that they have a good product. Actually, in my market they are hurting pretty badly it seems, and I actually think it is BECAUSE they have no direct sales channel representation and they make it so hard for we indirects to make a profit selling them competitively. As far as GETTING complacent... I think they are already there.
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muchdrama

Jan 28, 2005, 9:52 AM
JDigital said:
Verizon does everything they can to undermine the indirect channel, and eventually that WILL come back to haunt them. I'm so sick of them that it actually pisses me off that they have a good product. Actually, in my market they are hurting pretty badly it seems, and I actually think it is BECAUSE they have no direct sales channel representation and they make it so hard for we indirects to make a profit selling them competitively. As far as GETTING complacent... I think they are already there.
When Verizon's numbers drop significantly, I'll consider the complacency theory.
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coldsteel

Jan 27, 2005, 2:20 PM
NICE numbers.
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tnyflrs

Jan 27, 2005, 1:48 PM
Cingular might benefit if SBC completes the purchase of AT&T (the long distance carrier). This will provide the assets (switches and fiber lines plus international assets) to utilize and lower the cost of operation.

If SBC gobbles up AT&T this might prompt Verizon to take on Sprint to be equal in assets (or closely equal).
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VZWREPBSC

Jan 27, 2005, 3:04 PM
Why spit(Sprint) 🤣 🤣 🤣 We'll just wait for Alltel instead... and they are way cheaper. 😉
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