Bad News
for AWS/Cingular...
Verizon has bolstered its wireless division to maintain profits as customers drop regular telephone lines for cellular phones or switch to competitors. Verizon Wireless added 1.5 million customers in the quarter, raised its average monthly revenue per user to $50.80, and reduced customer turnover, or churn, to 1.45 percent.
Loop Capital analyst William Cram said the wireless results were "very strong," especially compared to results from Cingular Wireless, which is in the midst of buying AT&T Wireless (AWE) to form the largest U.S. cellular company.
With Verizon adding 860,000 customers per quarter, more than Cingular and AT&T Wireless combined over the past five quarters, "at this pace Verizon could organically ...
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Verizon has bolstered its wireless division to maintain profits as customers drop regular telephone lines for cellular phones or switch to competitors. Verizon Wireless added 1.5 million customers in the quarter, raised its average monthly revenue per user to $50.80, and reduced customer turnover, or churn, to 1.45 percent.
Loop Capital analyst William Cram said the wireless results were "very strong," especially compared to results from Cingular Wireless, which is in the midst of buying AT&T Wireless (AWE) to form the largest U.S. cellular company.
With Verizon adding 860,000 customers per quarter, more than Cingular and AT&T Wireless combined over the past five quarters, "at this pace Verizon could organically ...
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verizon lol lol lol with the technology they have they wint be able to get those customers , dude t mobile has better tech phones than verizon , customer go for the phones more than service 🤣
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attman said:Yeah. That's why Verizon has 40 million and counting customers. The phones.
verizon lol lol lol with the technology they have they wint be able to get those customers , dude t mobile has better tech phones than verizon , customer go for the phones more than service 🤣
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are u counting the wireless or in general with land lines 🙄 you know its a big dif on that
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These are wireless only my friend... wireless only. It was part of a article on Fidelity.com (my brokerage account)
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bs verizon is a great company dont get me wrong im not trying to start anything .. but i think those numbers are not true ... because last year fidelity was saying that tmobile was going to be the biggest wireless company for 04-05 so that why im 😕
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attman said:Hmmmm...on one had I can believe a report from a professional brokerage firm, and on the other we have "clueless wireless boy". Damn it's hard to make a decision on who to believe these days.
bs verizon is a great company dont get me wrong im not trying to start anything .. but i think those numbers are not true ... because last year fidelity was saying that tmobile was going to be the biggest wireless company for 04-05 so that why im 😕
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Simple math (if you graduated high school)...
A cell phone carrier is gaining customers twice as fast as the next two competitors combined.
The two slower carriers decide to join forces to catch up to the first carrier.
The joined carriers gain a short lead on the first but they are loosing customers twice as fast together as the first.
How long will it take for the first carrier to be #1 again?
A cell phone carrier is gaining customers twice as fast as the next two competitors combined.
The two slower carriers decide to join forces to catch up to the first carrier.
The joined carriers gain a short lead on the first but they are loosing customers twice as fast together as the first.
How long will it take for the first carrier to be #1 again?
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Simple English...we did not join forces... when the deal is finalized we OWN IT ALL. SO there is no THEY...just one...which even the pundits have to admit will be the largest wireless carrier in America.
See here's what you can't factor in... what about all those customers who are waiting to see what the OUTCOME of the deal is? Or those who want to see what the new network REALLY has to offer? What will the effect of all that extra coverage and spectrum BE? Can you say in a year VZW will be able to compete with the new Cingular's offerings? What's waiting in the wings when we deploy UMTS/HSDPA? Can you match it? When we exceed your coverage, can you catch up? These are all questions neither of us can answer. But we do know this... VZW, fo...
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See here's what you can't factor in... what about all those customers who are waiting to see what the OUTCOME of the deal is? Or those who want to see what the new network REALLY has to offer? What will the effect of all that extra coverage and spectrum BE? Can you say in a year VZW will be able to compete with the new Cingular's offerings? What's waiting in the wings when we deploy UMTS/HSDPA? Can you match it? When we exceed your coverage, can you catch up? These are all questions neither of us can answer. But we do know this... VZW, fo...
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Bet you a dollar that VZW is back to #1 within 6 months of the merger!
You are a touchy little guy, aren't you? Better not wave the AWS/Cingular flag too high, it will really hurt when what I say comes to be the truth. You better have a backup plan.
You are a touchy little guy, aren't you? Better not wave the AWS/Cingular flag too high, it will really hurt when what I say comes to be the truth. You better have a backup plan.
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I'll see that dollar and raise you 5...if you think you know the industry better than the leading analysts out there, who agree with my figures. Look at it this way: VZW has been adding about 1.5 million per quarter, and Cingular about 550,000 average. That gives VZW a net gain of 950,000 over CW. The new Cingular will have a customer base of 46 million customers. With everything remaining AS IT IS TODAY (highly unlikely, but for the sake of illustration) it would take VZW 7 quarters, or almost two years, to surpass Cingular. The increased coverage, spectrum, services and developments Cingular will be rolling out in late 2004 and throughout 2005 will only add to their growth. If you honestly think VZW will come up with 3+ million adds per qu...
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he makes a good point... look at how VZW became number one... lotsa companies combined into one, mainly GTE and umm, i forget. Anyways, Cingular is buying out ATTWS now , why would they NOT be able to pull off the same thing... ESPECIALLY with all the spectrum they'll aquire!?
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All I keep seeing is people talking about what IF??? It has not happened and g etting extremely tired of pointless speculation, its a wireless merge, big deal, when it happens we'll see how it goes, lets move on with our lives for the time being!
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attman said:Who cares?
are u counting the wireless or in general with land lines 🙄 you know its a big dif on that
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Well since T-Mobile is so far behind in subscribers, how can you justify that remark? You can't, that's why. Go to school and learn how to spell or better yet, learn how to use the included spell checker on this form. What the hell is "wint" anyway?
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