Verizon Adds 1.64 Million New Subscribers in Last Quarter
Verizon Wireless added 1.64 million net new customers, the largest first- quarter customer increase in the history of the company. Wireless has added more than 6.5 million net new customers over the past year and now has a total of 45.5 million customers nationwide.
Customer turnover reached record-low levels for the second consecutive quarter. The total churn rate, a key measure of customer loyalty, was 1.33 percent for the first quarter 2005, down from 1.60 percent in the first quarter 2004 and 1.43 percent in the fourth quarter 2004. Churn among retail post-pay customers -- representing 92 percent of the company's customer base - - was a record 1.11 percent for the first quarter 2005, compared with 1.35 percent for the first quarter 20...
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Customer turnover reached record-low levels for the second consecutive quarter. The total churn rate, a key measure of customer loyalty, was 1.33 percent for the first quarter 2005, down from 1.60 percent in the first quarter 2004 and 1.43 percent in the fourth quarter 2004. Churn among retail post-pay customers -- representing 92 percent of the company's customer base - - was a record 1.11 percent for the first quarter 2005, compared with 1.35 percent for the first quarter 20...
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great quarter my friend. looks like i was right when i said that verizon would out-pace cingular for the first quarter. lets see what nextel does tomorrow when they report and we will combine that with sprint's numbers. (sprint got 1.3 million subs)
overall, great numbers for wireless carriers especially for verizon. now nextel and tmobile will have to post great quart adds to continue on this great growth for the first quarter.
verizon exceeded all my estimates, but arpu.
overall, great numbers for wireless carriers especially for verizon. now nextel and tmobile will have to post great quart adds to continue on this great growth for the first quarter.
verizon exceeded all my estimates, but arpu.
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