Cingular Wireless Reports Strong First-Quarter 2006 Results
Cingular Wireless Reports Strong First-Quarter 2006 Results
- Best-ever overall churn of 1.9 percent
ATLANTA, April 19 /PRNewswire/ -- Cingular Wireless LLC, which is a joint venture between AT&T Inc. (NYSE: T) and BellSouth Corporation (NYSE: BLS), today reported strong first-quarter results driven by its best-ever postpaid and overall churn, solid net and gross customer additions, continued progress on merger initiatives, growth of data ARPU, and sales to enterprise customers.
For the quarter, the nation's largest wireless provider reported overall monthly subscriber churn of 1.9 percent, its lowest ever. This represents an improvement of 30 basis points over the year-ago first quarter and a sequential improvement of 20 basis points...
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- Best-ever overall churn of 1.9 percent
ATLANTA, April 19 /PRNewswire/ -- Cingular Wireless LLC, which is a joint venture between AT&T Inc. (NYSE: T) and BellSouth Corporation (NYSE: BLS), today reported strong first-quarter results driven by its best-ever postpaid and overall churn, solid net and gross customer additions, continued progress on merger initiatives, growth of data ARPU, and sales to enterprise customers.
For the quarter, the nation's largest wireless provider reported overall monthly subscriber churn of 1.9 percent, its lowest ever. This represents an improvement of 30 basis points over the year-ago first quarter and a sequential improvement of 20 basis points...
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Financial Results
- In the first quarter of 2006, Cingular's revenues were $9.0 billion, an
improvement of 9.1 percent over revenue for the year-ago first quarter
and 1.5 percent versus the fourth quarter of 2005.
- Average revenue per user (ARPU) in the first quarter of 2006 was
$48.48, which was down 2.3 percent from the year-ago first quarter
(when ARPU declined 3.3 percent year over year) and down 0.8 percent
versus the fourth quarter of 2005. Impacts on ARPU primarily reflect
an increase in the number of wholesale customers in Cingular's base.
These impacts were largely offset by a continued increase in data ARPU.
- ARPU from data services continued its strong growth in the firs...
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- In the first quarter of 2006, Cingular's revenues were $9.0 billion, an
improvement of 9.1 percent over revenue for the year-ago first quarter
and 1.5 percent versus the fourth quarter of 2005.
- Average revenue per user (ARPU) in the first quarter of 2006 was
$48.48, which was down 2.3 percent from the year-ago first quarter
(when ARPU declined 3.3 percent year over year) and down 0.8 percent
versus the fourth quarter of 2005. Impacts on ARPU primarily reflect
an increase in the number of wholesale customers in Cingular's base.
These impacts were largely offset by a continued increase in data ARPU.
- ARPU from data services continued its strong growth in the firs...
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yea... morning ritual, get up, get coffee, check email----- there it was!
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yea, i saw it too from my blackberry, but you were quicker.. 🙂 kudos to you..
what was your take?
what was your take?
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haahha;
the call is very upbeat though, too bad i didnt write anything down...
the call is very upbeat though, too bad i didnt write anything down...
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i am very impressed with this quarter for cingular and it looks like that new (marketing) campaign is doing quite well for them and look for it to continue in the 2nd quarter.
all i can say is, WOW!
all i can say is, WOW!
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not sure if its bad.. you want a good mix of postpaid, prepaid, wholesale and other businesses to carry becuase remember they all hit your network and are counted as revenue.
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But prepaid does not provide as steady stream of income and postpaid is my point, and they are relying to heavily on Gophone
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well, that is obvious but many carriers, but verizon rely heavily on their prepaid business becuase it is still revenue but at less expenses than postpaid.
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nextel18 said:
well, that is obvious but many carriers, but verizon rely heavily on their prepaid business becuase it is still revenue but at less expenses than postpaid.
And that was my only point to begin with cingular is relying on Gophone to much, and verizon doesn't need to
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W/E Anxiovert I was just point something out no need to get testy 🙂 Have a good day Good job cingy
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well verizon will need to increase their prepaid business if they want another revenue stream; they wont do well at all with their prepaid. in this saturating market it is very important to get every single demographic including prepaid.
at $5-15 arpu for their gophone isnt a big deal especially at lower expenses.
at $5-15 arpu for their gophone isnt a big deal especially at lower expenses.
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ArmySF said:
But prepaid does not provide as steady stream of income and postpaid is my point, and they are relying to heavily on Gophone
I would disagree with that.Pre pid people tend to bemore consistent with their money.Post paid accounts since are generated an invoice each month can carry over previous charges past due balances etc..., while pre paid as soon as they run out of money run out of service, so they keep paying to keep their service on.
I woulsdn't depend on strictly them, but they are very good source of revenue.
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not exactly;
you were right on the overall churn but you were off on the net adds.
we were probably all wrong on everything.. they did well and suprised everyone.
you were right on the overall churn but you were off on the net adds.
we were probably all wrong on everything.. they did well and suprised everyone.
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That's right! they added 100,000.00 more cust than I expected (which is even better) 😕
I'm still very happy for the results since the Q1 is the slowest quarter of the yr.
I'm still very happy for the results since the Q1 is the slowest quarter of the yr.
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i am extremly happy with their results; they def destroyed my estimates.
those glitches didnt seem to have any problem with this 1st quarter, and it looks like the marketing campaign with the best network seems to be working.
can this continue? time will only tell.
those glitches didnt seem to have any problem with this 1st quarter, and it looks like the marketing campaign with the best network seems to be working.
can this continue? time will only tell.
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With strong quarterly results and improvements in reputation, if it continues, do you see Ed, Stan and the boys going forward with the name change?
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With all the billions of dollars Cingular is making you would think that they would pay the customer service reps "the front and strongest line" more money instead of trying to bit$h feed us with a petty 2.5% pay increase....
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MistaBlue1914 said:
With all the billions of dollars Cingular is making you would think that they would pay the customer service reps "the front and strongest line" more money instead of trying to bit$h feed us with a petty 2.5% pay increase....
Maybe I don't understand the news article correctly, but this is the first time Cingular has ever shown a profit. Also, why complain about your pay? You accepted the pay when you applied and got the job. I wouldn't pay the customer service reps for Cingular crap because you do a crappy job in general. Why reward that? 😢
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Take that back. I'm not even kidding. Take it the f*** back or else.
I have been EXTREMELY pleased overall with customer care's job as of late. I call in to customer service about 10 times a day for customers, and I must say it has improved drastically. I say good job to all CSRs and I would petition for a pay increase to all of you in a heartbeat.
Keep up the good work.
I have been EXTREMELY pleased overall with customer care's job as of late. I call in to customer service about 10 times a day for customers, and I must say it has improved drastically. I say good job to all CSRs and I would petition for a pay increase to all of you in a heartbeat.
Keep up the good work.
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What are you gonna do if he/she doesn't take it back??? thats his/her opinion...
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AshDizzle said:
Take that back. I'm not even kidding. Take it the f*** back or else.
I have been EXTREMELY pleased overall with customer care's job as of late. I call in to customer service about 10 times a day for customers, and I must say it has improved drastically. I say good job to all CSRs and I would petition for a pay increase to all of you in a heartbeat.
Keep up the good work.
I can't take it back, but will say that sometimes one or two bad customer service reps will make the whole company look like crap. I left Cingular for other reasons. I had awful customer service reps and I had good customer service reps - just depends on who you get and what kind of mood thay are in.
Plus, Cin...
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I totally agree with you. I think they do a great job. Anyone that complains about it, have you ever worked in that position? If not, shut the hell up. They do all in their power to help people out. Give them a break if you broke your phone and want a new one and they won't give you one cause you are only 6 months into your contract.
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🤣 .... Honestly they're not that crappy... but I guess they could fall in that category sometimes...
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Why complain, becasue former attws reps go all kinds of bonus and when Cingular took over they all stopped. Event the Night Differantal was taken so most even took a pay cut when they came in and now they dont even want to put us back in the same spot. If I was a crappy rep then I would keep my mouth shut, but I do care about the customers and I try to look for any loophole for them every time. And that may be why my stats and evaluations are always high.... Cingular dosnt care about its employees untill a tornado hits or some type of natural disaster hits. Then they spend more money telling you about it. Yeah the network is good but what about the employees?
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Maybe they only bitch feed the illiterate reps that pay increase.
Billions?
You might want to re-read that news release.
Billions?
You might want to re-read that news release.
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Don't bitch at Cingular, bitch at your crappy ass union, they're the ones who negotiated your pay. If you dont like it, go work for SBC (now ATT). Their call center reps made almost double what cingy reps make!
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Damn I'm good... I put churn at 1.5-1.8%, but adds were a lil higher than I expeted... Great job this quarter!!
https://www.phonescoop.com/carriers/forum.php?fm=m&f ... »
https://www.phonescoop.com/carriers/forum.php?fm=m&f ... »
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there is something wrong with people so deticated to their corporate masters that they put cell phone polical statements in their avatars whether it be that stupid "in" logo or yours..... why are verizon and cingular forums so immersed in cell phone flaming? you guys all do realize they are just cell phones right?
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