You guys might want to read this... :(
Amidst the recent merger, Cingular Wireless LLC will cut about 10 per cent of its 68,000 jobs over the next 12 to 18 months as it combines operations with AT&T Wireless, the chief executive of the nation's largest cell phone company said in an interview.
Many of the 7,000 or so job cuts will come from administrative ranks, while relatively few if any would come from customer service, CEO Stan Sigman told The Associated Press.
Some analysts have suggested that Verizon Wireless, which has 42.1 million customers, could eventually retake the No. 1 spot because it has been adding customers at a much fas...
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Please post something new instead of something back in November 2004.
Thanks...
nextel18 said:
i know its old news, but it is sad.
Yeah in that same quater Cingular actually beat Verizon in adds. So much for that analyist's analyzation........Analylists, especially market ones are rarley correct. If they were we would all be making bank in the markets short and long LOL.
by the way those analysts are right as well as some others.
nextel18 said:
wow but 100k subscribers. big deal. if it wasnt for the att wireless purchase, cingular would not have done better then verizon.
by the way those analysts are right as well as some others.
Excuse me. They were wrong. Cingular added 100K MORE when they predicted the opposite in the beginning of the quarter. Verizon stock started rising on those pie in the sky reports and fell like a rock in January when the REAL truth came out. Verizon has lost 15% of its Value in 6 months. SBC has lost less (11%) and in fact began losing less after fourth qtr results were announced. YOur news is old and of no consequence.
BTW that news was after the outages last year. The glitch in San Diego is much a...
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how about this... you said that cingular will be still number 1 in 2005. so put up a number for the full year 2005 for verizon and cingular, try to add arpu in there too and churn if you want to.
And now you're telling us that Cingular would not have done better than Verizon without the ATTWS purchase. Hmm, sounds like that purchase has done Cingular good.
Or are you going to take back what you just said...
seems like your not understanding much.
it could have been from att wireless. you knwo when there is migration customers from the other network goes onto another network which ads subscribers obviously, which then lowers churn.
Migrated customers from ATTWS to Cingular were not calculated in churn or net additions so that isn't the case either.
My point was:
You stated that buying ATTWS did/will do no good for Cingular. If Cingular gained 1.7 million net adds on its own, which is nearly double from its previous quarter, the buyout must have done them SOME good.
by the way, what about this? Cingular integrated essentially all customer-facing operations by launch date and has migrated over 1 million AT&T Wireless subscribers to new Cingular postpaid plans.
http://bellsouthcorp.com/proactive/newsroom/release. ... »
(q4)
nextel18 said:
by the way, what about this? Cingular integrated essentially all customer-facing operations by launch date and has migrated over 1 million AT&T Wireless subscribers to new Cingular postpaid plans.
http://bellsouthcorp.com/proactive/newsroom/release. ... »
(q4)
I never said that there weren't migrations. Of course there were. I said that migrated customers were not included in the net additions calculation. ATTWS customers migrating from an ATTWS plan to a Cingular plan were considered current customers, from start to finish.
"ATTWS customers migrating from an ATTWS plan to a Cingular plan were considered current customers, from start to finish."
is this a fact? if so, please prove it somehow.
nextel18 said:
or maybe that they added the 1 million subscribers to those quart numbers? see its hard to tell right now.
Are you kidding me? You really think that Cingluar only REALLY added 700,000 new customers? That's funny.
Migration means to move from one place to another. That means that ATTWS customers moved from ATTWS plans to Cingular plans. Where anywhere in there does it say that those numbers were included in Q4 results? It surely doesn't look to me like migrate and add mean the same thing.
What dictionary are you using? đŗ
that is why its very vague. i am going to talk to IR on monday to ask them some questions about it. you should too.
migrate is when you move one place to another. it doesnt say add but it doesnt say not add. thats why its vague.
To me that is saying that on day #1 of the merge, Cingular was accounting for 46 million customer, whether ATTWS or Cingular.
"and has migrated over 1 million AT&T Wireless subscribers to new Cingular postpaid plans."
That means that 1 million more of the 46 million are now on Cingular plans, and one million lees are on ATTWS plans. That does not mean that there are any more or less customers overall. Still 46 million.
I'm going to bed.
so 1 million per quarter or 4 million per year isnt that great.
are my assessments wrong?
actually cingular bought att wireless on... feb. 17th 2004. which would mean that is the 1st quarter. (1st quarter= jan feb march. 2nd april may june. 3rd july aug sept. 4th quarter. october nov dec)
so they bought them in the 1st quarter.
http://www.msnbc.msn.com/id/4276272/ »
they had 46 million total after feb 17th 2004. so if they had 50 million at the end of 4th quarter which would be only 4 million for 3 quarters.
as soon as they bought them they had 46 million subscribers. just like nextel/sprint has 42.9 million subscribers when you include affiliates etc... you add that the moment they buy the company.
they do compete as differnt companies but they still will add total subscribers, however, not revenue or anything like that. (actually as soon as they get the ok from the fcc with the transformation of assets and other things thats when they work as one company).
"was November 29, 2004. That "
you have a link about that? (maybe from the fcc)
http://www.prnewswire.com/cgi-bin/micro_stories.pl?A ... »
but usually you add the subscribers and everything right after you merge.
i know that cingular had 24 million when the merger was announced so if they added 1.9 million for 4 quarters. that means they would have added about 7.6 million. which would mean they would have 31.6 million subscribers and att wireless had 22 million subscribers.
that equals 53.6 million customers, however they have 53. thats why its very hard to understand how cingular calculates the additions etc...
Cingular instantaneously doubled net additions per quarter. That would not have been possible without the ATTWS purchase.
"That would not have been possible without the ATTWS purchase."
exactly.
nextel18 said:
i dont care about instant. its about keeping them and continuing to get and to acheive substantial growth.
"That would not have been possible without the ATTWS purchase."
exactly.
You are contradicting yourself. Did the ATTWS purchase help Cingular achieve something or not?
And don't worry about them continuing to achieve substantial growth. They will. đ
you cant say that they will, becuase you dont know, unless they keep adding the att wireless' subscribers over to the cingular's network and numbers. (i already pointed out to you that they did that)
http://www.wi-fitechnology.com/printarticle1764.html »
In its first quarter of combined operations, the new Cingular delivered a net increase in subscribers of nearly 1.8 million on a pro forma basis, which incorporates results from AT&T Wireless for the first 25 days of October, includes net additions from other acquired properties and excludes results from markets that Cingular has agreed to divest.
then it says..
Not counting net customer additions of AT&T Wireless for the first 25 days of the quarter and other pro forma adjustments for dispositions and other acquisitions, reported net customer additions were 1.7 million.
they actually got 5.7 million for the quarte...
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2. Looks like they added both what?
The question was whether or not they included migrations in net additions calculations, which through what all you just said, is still unclear as ever.
Texaswireless is right, you need some sleep.
well, i suplied an excerpt from you that they did.
i still belive that they do , however, you and i dont know, becuase it is hard to tell. from the excerpts i posted to you have the 5.8 million subscrbiers it showed that they did then. so why wouldnt they still do it now?
again we dont know.
Also, since both Cingular Wireless and AT&T Wireless are already losing customers to rivals at a faster rate than Verizon, any service glitches during the integration of the two businesses could prove costly."
this is what i wanted people to see though.
1. After the fist quarter as a combined company, Cingular's churn dropped much below either company's seperate churn rate.
2. Analysts are now expecting that Cingular's churn has dropped drastically again.
3. Cingular has always calculated their churn rate through a differnt formula than copmanies such as Verizon, Nextel, Sprint, and T-mobile have. They have announced that for Q1 05 results, they will use the same formula as their competitors to calculate churn, which will potentially further drop their churn rate.
We shall see...
2. we will see. (it could be the case as more and more att wireless' customers are upgrading to cingular)
3. how do they calculate their churn rate?
In addition, starting in the first quarter of 2005, Cingular will adopt a
new calculation for reseller churn that is more consistent with some of its
major competitors. Cingular currently includes reseller disconnects in its
churn calculation. In the future, Cingular will base its calculations on
total reseller net additions or reductions, in line with industry peers. If
this methodology had been in place in the fourth quarter, Cingular's pro forma
churn would have been 2.4 percent overall.
http://www.prnewswire. »...
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Reseller churn is calculated seperately and then figured into the entire churn. Cingular currently uses a different formula to calculate reseller churn than the industry standard.
I can't tell you exaclty how they calculate it, because I don't know. All I know is that they will now use the same method as Verizon to calculate reseller churn, which will in turn, lower their churn considerably.
so in reality cingular's churn should be a lot higher then.
Reseller and prepaid are two different things.
Anyway...no. With the new formula, Cingular's churn has nowhere to go but down.
Cingular's progress in growing its GSM base and its network improvements
contributed to significantly improved churn levels. Pro forma average monthly
churn improved to 2.6 percent -- 60 basis points lower than pro forma churn
for the third quarter of 2004.
In addition, starting in the first quarter of 2005, Cingular will adopt a
new calculation for reseller churn that is more consistent with some of its
major competitors. Cingular currently includes reseller disconnects in its
churn calculation. In the future, Cingular will base its calculatio...
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He was, in a very sarcastic manner, trying to ask you to post something recent (ie. more worth-while) if you are going to post at all.
And to actually answer your question, no. Lack of backing by insurance companies weighs about 0.001% in a customer's decision to by a phone.
interesting. thanks. i havnt done any channel checks lately on that phone, so i havent followed too much on it. i know most customers love the "techness" of the phone. it is a pretty nice phone. if cingular worked well in my area and if they change their billing as well as customer service, i might try it. also razer might be on cdma, so i might try it then.
from 1-10 how much do you rank it and why?
I'm sorry but it must be way past your bed time.
I WAS being sarcastic. I WAS making light of the fact that this article, half of which has been shown to be incorrect, was posted 5 months after the fact. I was bringing up an equally ridiculous question as a point.
I'd laugh if I didn't think you actually believed I wanted to start a discussion about the RAZR.
Get some sleep man...
showing your ones' sarcasm on here is very hard to pick up.
you should get some sleep too, your also in texas and your online? come on now. go out.
Oh and BTW, I am up because my 2 year old daughter is sick and I am reading this board (bored hehe) to pass the time while I tend to her. After scrolling through many of your responses I have come to the conclusion that my precious daughter has more common sense that many here on this board, especially you.
Have a great night.