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Q3 estimate for Verizon.
This time around, with the likely short-term issues at Cingular and the continued struggle at Sprint, I believe Verizon Wireless will again lead the industry in terms of net additions by the widest margin yet. My current Q3 2006 net adds estimate is just below 1.7MM. This compares to the 1.8MM it posted in Q2 2006 and the 1.9MM it did in the year-ago period. I believe the main driver of VZW’s growth will be the continued popularity of its family plans. From the results of our Channel Checks, it appears that VZW's store traffic was much better than expected. The survey also shows that Verizon is likely the biggest benefactor of Sprint's downfall. I expect VZW to continue to post the lowest churn in the industry at 1.2%, up slightly from 1.1%...
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Last few months i have had a lot of nextel subscribers thaat were paying $200 bucks for unlimited plans jumoing over and getting 4000+ share plans with us. Probably the biggest nextel jump over i have noticed in my area ever. Not sure if that is due to the whole merger thing but just what i have noticed in my store. OH, and for the love of god tell nextel to take of that stupid number block! Is that just a way to get the last word in and agrevate a custoemr one last time before porting out?
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Well there are many factors for people leaving and you know that. Probably it has to do mainly with the “consensus plan” which has been such a problem with capacity.
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Yeah it varies, I wasn't dogging on nextel, Just what I have noticed with my own traffic lately. I have had a lot of people say there coverage has shrank since they bought there phones and they are not working where they used to? Is that from the gov taking back some of their spectrum or what? Or is that just normal rantings you get from any wireless providers disatisfied customers? On that note I love when people come in and say I was with (fill in the blank) for 5 years and when i lost my phone they wouldn't give me a new one so I am leaving them and coming to you! Then they decline insurance even after I explain we are not going to give them a free phone if they loose their phone either, people kill me
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Yea customers are quite interesting yet naïve.
I think the majority of the people who are leaving Nextel is because of that “consensus plan” situation.
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What "likely short-term issues at Cingular" you talk about?
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Mainly the transition from TDMA to GSM and the fees associated with the jump.
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why are you so convinced those TDMA customers will be willing to go to a $39.99 verizon plan when most of them were probably on $19.99 or $29.99?
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AND pay an activation fee... If we don't upgrade them to a GSM 39.99 plan we switch them to a Go Phone. At least my store is. 🙄
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Well, people have to take into account of the TDMA to GSM transition and its potential flaw and lately that is what the checks indicated.
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nextel18 said:
This time around, with the likely short-term issues at Cingular and the continued struggle at Sprint, I believe Verizon Wireless will again lead the industry in terms of net additions by the widest margin yet. My current Q3 2006 net adds estimate is just below 1.7MM. This compares to the 1.8MM it posted in Q2 2006 and the 1.9MM it did in the year-ago period. I believe the main driver of VZW’s growth will be the continued popularity of its family plans. From the results of our Channel Checks, it appears that VZW's store traffic was much better than expected. The survey also shows that Verizon is likely the biggest benefactor of Sprint's downfall. I expect VZW to continue to post the lowest churn in the indu
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Nothing is new. Same old story.
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