More on Q3
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http://www.wirelessweek.com/article/CA6383105.html »
Financial news just keeps getting better for Cingular Wireless, which reported record net income of $847 million in the third quarter, up 280 percent from last year. Beyond the dollars, though, the carrier is particularly happy about what it is seeing in data usage.
Cingular, now with 58.7 million subscribers, says its average revenue per user (ARPU) for data has jumped 46 percent from the same quarter last year. Data ARPU is now $6.32 and financial analysts note that it is mostly coming from the carrier's 2G network. Meanwhile, Cingular expects its 3G UMTS/HSDPA network will cover most of the major markets by the end of the year.
A research note from Raymo...
(continues)
http://www.wirelessweek.com/article/CA6383105.html »
Financial news just keeps getting better for Cingular Wireless, which reported record net income of $847 million in the third quarter, up 280 percent from last year. Beyond the dollars, though, the carrier is particularly happy about what it is seeing in data usage.
Cingular, now with 58.7 million subscribers, says its average revenue per user (ARPU) for data has jumped 46 percent from the same quarter last year. Data ARPU is now $6.32 and financial analysts note that it is mostly coming from the carrier's 2G network. Meanwhile, Cingular expects its 3G UMTS/HSDPA network will cover most of the major markets by the end of the year.
A research note from Raymo...
(continues)
...
