Verizon Wireless Q4 Profit, Revenue Rise
I just found this:
"Verizon Wireless, a venture of Verizon Communications and Vodafone Group Plc, said Thursday operating profit and revenue rose on strong subscriber growth in the fourth quarter.
Cingular, a venture of SBC Communications and BellSouth, surpassed Verizon in size by buying AT&T Wireless in October but Cingular's ARPU fell 5.8 percent in the fourth quarter, raising concerns among some analysts."
Odyssey24 said:
Well, I guess VZW is going to continue to be #1... 🙂
I just found this:
"Verizon Wireless, a venture of Verizon Communications and Vodafone Group Plc, said Thursday operating profit and revenue rose on strong subscriber growth in the fourth quarter.
Cingular, a venture of SBC Communications and BellSouth, surpassed Verizon in size by buying AT&T Wireless in October but Cingular's ARPU fell 5.8 percent in the fourth quarter, raising concerns among some analysts."
Hmm... why did Cingy's ARPU fall that much? And did that contribute to them not being profitable this quarter?
And while I like that Verizon is doing so well profits-wise, I'd also like them to 'spread the wealth' and ...
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BetterThanJake said:...Odyssey24 said:
Well, I guess VZW is going to continue to be #1... 🙂
I just found this:
"Verizon Wireless, a venture of Verizon Communications and Vodafone Group Plc, said Thursday operating profit and revenue rose on strong subscriber growth in the fourth quarter.
Cingular, a venture of SBC Communications and BellSouth, surpassed Verizon in size by buying AT&T Wireless in October but Cingular's ARPU fell 5.8 percent in the fourth quarter, raising concerns among some analysts."
Hmm... why did Cingy's ARPU fall that much? And did that contribute to them not being profitable this quarter?
And while I like that Verizon is doing so well profits-wise, I'd a
(continues)
BetterThanJake said:...Odyssey24 said:
Well, I guess VZW is going to continue to be #1... 🙂
I just found this:
"Verizon Wireless, a venture of Verizon Communications and Vodafone Group Plc, said Thursday operating profit and revenue rose on strong subscriber growth in the fourth quarter.
Cingular, a venture of SBC Communications and BellSouth, surpassed Verizon in size by buying AT&T Wireless in October but Cingular's ARPU fell 5.8 percent in the fourth quarter, raising concerns among some analysts."
Hmm... why did Cingy's ARPU fall that much? And did that contribute to them not being profitable this quarter?
And while I like that Verizon is doing so well profits-wise, I'd a
(continues)
I'm just wondering if Cingy's loss of ARPU contributed as well.
Maybe Cingular's low ARPU is a result of them actually offering a good value on their plans, as opposed to what Verizon was offering prior to their new rate plans.
Cingular is changing their rate plans on the 14th. We may very well see that ARPU rise by the end of the quarter with the changes that they are making.
RUFF1415 said:
If Verizon lowers their rate plans, their ARPU is going to fall, too.
Maybe Cingular's low ARPU is a result of them actually offering a good value on their plans, as opposed to what Verizon was offering prior to their new rate plans.
Cingular is changing their rate plans on the 14th. We may very well see that ARPU rise by the end of the quarter with the changes that they are making.
I certainly hope so.
Earlier this week, Cingular Wireless reported 1.8 million additions during the fourth quarter, ending the year with 49.1 million subscribers. ARPU dipped 5.8 percent to $49.67, primarily due to the transition of customers to lower-price GSM plans and the continued popularity of FamilyTalk.
So how many of Cingular's customers are ...
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bigdaddyjay said:
So how many of Cingular's customers are little Gravy Passers like the kid in the commercial??????
Uh- oh, I feel the gravy line coming back... 😉
I kinda like when people aske each other to pass the gravy... It kinda makes me feel like we're all sitting at the dinner table over thanksgiving or something and just talking bout cell phones and service... 😁