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1st quarter 2006 earnings

nextel18

May 2, 2006, 6:30 AM
net adds; 1.7 million net adds

churn; 1.18% (postpaid= .92%)

arpu= $48.67


53 million total customers.


----

so they did well on churn but not so great on the net adds.
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SForsyth01

May 2, 2006, 7:09 AM
So that begs the question, who actually had more net ads since Cingular and Verizon are reporting the same number (1.7 million). I would be very interested to see that ststistic.
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barryefau

May 2, 2006, 9:01 AM
vzw = 1.683
cing = 1.679

So I guess vzw wins (tho not by much)
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Anvil

May 2, 2006, 9:12 AM
The real interesting statistic would be how many customers switched from Cing to VZW and vice versa.
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sangyup81

May 5, 2006, 6:55 PM
actually, if it were possible, I'd like to see the number of people who switched from Cingular to Cingular (via a spouse's name and changing phone #s) 🀣
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temp_name

May 6, 2006, 6:07 AM
Good 'ol phantom churn. Shady reps and shady people do this a lot.
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sangyup81

May 6, 2006, 12:31 PM
kinda hard not to be shady when the upgrade compensation is less than half of new activation compensation πŸ˜•
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kvazzz

May 2, 2006, 9:12 AM
I'm curious, where did this info come from?

Also, don't forget, that out of 1.7 Cingy customers, only 1.0 is postpaid, the rest is gophone and trakfone. And compare this to 1.6 out of 1.7 with VZW.

Never mind that VZW ARPU is higher (by not much, but still).

T
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ArmySF

May 2, 2006, 9:18 AM
cingular best thank all those credit challenged people for signing up with Gophone, what a joke
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kvazzz

May 2, 2006, 9:27 AM
LOL. Dam people with no contracts! They should be ashamed to use their phones... BTW, can you send pix from cingy GP? I'm just curios what caused cingy's arpu go down by 2%
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Anxiovert

May 2, 2006, 9:30 AM
Yes, you can! (pix)
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Hello Moto

May 2, 2006, 9:57 AM
better data packages... now being bundled together...
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barryefau

May 2, 2006, 9:32 AM
Came straight from the horses mouth... verizon.com and cingular.com investor relations.. available to all!!!
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kvazzz

May 2, 2006, 9:38 AM
Haha... Didn't check these. Thanks for the info
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barryefau

May 2, 2006, 9:39 AM
anytime ;)
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Animosity_Reigns

May 2, 2006, 10:20 AM
VZW
Net Adds 1.7M
Retail Net Adds 1.6M
Revenue Growth 16.0%
ARPU $48.67 (-0.7%)
Churn 1.18%
(Retail postpaid churn was .92 percent)
Expense/customer $26.99
Profitability Margin 44.5%

Cingular
Net Adds 1.7M
Retail Net Adds 1.0M
Revenue Growth 7.9%
ARPU $48.48 (-2.2%)
Churn 1.90%
Expense/customer $33.46
Profitability Margin 31.1%

Sprint-Nextel
Net Adds 1.3M
Retail Net Adds 1.1M
Revenue Growth 2.3%
ARPU $62.00 (-4.6%)
Churn 2.10%
Expense/customer $39.29
Profitability Margin 3...
(continues)
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temp_name

May 6, 2006, 6:09 AM
I just don't see how VZW is able to keep customer expense down so much when they spend so much on their network maintenence. What are all the other carriers throwing their money at?
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ArmySF

May 2, 2006, 9:10 AM
Ha HAHAHAHAHAHA with numbers like those i dont think verizon will be taking that number one spot back anytime soon. sorry fanboys
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Anxiovert

May 2, 2006, 9:17 AM
ArmySF said:
Ha HAHAHAHAHAHA with numbers like those i dont think verizon will be taking that number one spot back anytime soon. sorry fanboys


😑 I hate to admit it. But Army I agree with you on this one. πŸ˜‰
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hot_md_guy

May 2, 2006, 9:27 AM
Perhaps if Verizon hired Anxiovert they could turn their growth around! Powers of Anxiovert ACTIVATE!

🀣
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Anxiovert

May 2, 2006, 9:30 AM
😲

🀣 🀣 🀣 🀣 🀣 🀣
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kvazzz

May 2, 2006, 9:19 AM
Hey army, look at the bright side, now you can stay on this forum and amuse us with your irrelevant remarks! This forum would have been boring without trolls like you!
JK ;)

T
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ArmySF

May 2, 2006, 9:26 AM
i prefer cingular do well if verizon crushed the competition there would be nothing to stop the evil empire. Let cingular live breath and bring freedom to the galaxy.
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kvazzz

May 2, 2006, 9:42 AM
Are you referring to Cingy as an evil empire? Cuz verizon is doesn't have a Death Star-tac anymore. Let the Force be with you πŸ™‚

T
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MidnightDT

May 2, 2006, 11:45 AM
hes calling verizon the evil empire. becuase we are lol
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temp_name

May 6, 2006, 6:13 AM
Customers made Verizon that way. Every once in awhile you read a post on this forum complaining about Verizon and then the user goes and says "If it weren't for their great coverage I'd be at Cingular now." ... And that's just on phonescoop.
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bigdaddyjay

May 2, 2006, 9:30 AM
Not so great on net adds? The last I checked this is still leading the industry for the first quarter isn't it? Where did Sprint come out at, wasn't it 1.3? Cingular had a majority of it's adds from Go Phone and resellers right?
Kudos to Verizon, postpaid churn under 1% and 1.6 million customers that signed a one or two year contract instead of buying a ghetto boost mobile or go phone! It's about putting money in the bank and VZW seems to be doing fine and keeping customers. What is happening to Sprint?????????
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Hello Moto

May 2, 2006, 10:06 AM
Why does everyone knock GoPhone? Most of the people I sign up for it does so because they DO NOT want a contract... Yes, there are plenty of credit challenged people that sign up as well... but it's one of the best things to happen to the wireless industry in the American market... it's how most things have been done in Europe for years.
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texaswireless

May 2, 2006, 2:03 PM
Consider the majority of my Go Phone acts are on a $69.99 or $49.99 plan isn't too shabby either.
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temp_name

May 6, 2006, 6:15 AM
GoPhone is a great product. Verizon has something similar, EasyPay. If Verizon had 1 mil contract adds and 700k EasyPay adds people wouldn't be knocking GoPhone. :-/
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Want_New_Phone

May 2, 2006, 9:32 AM
Quarter after quarter, VZW beat Cingy. Quarter after quarter VZW became more arrogant and restrictive. Cingular catching up to VZW in terms of key stats can be nothing but a positive for those of us who are Verizon customers.

Let the Cingy/VZW reps flame each other to death about who’s #1. As customers, we need to keep in mind that these numbers ain’t a football score and Verizon ain’t our team. It’s all bidness and the hotter the competition between the carriers, the better it is for us.
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bigdaddyjay

May 2, 2006, 9:34 AM
It would be good if VZW dropped their prices a bit, I'm spending a small fortune with a PC card, Treo 700 and E815. Any cheaper plans around the bend at VZW????
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barryefau

May 2, 2006, 9:38 AM
Why don't you tether your treo do ur laptop and drop ur aircard? Its only $15 more with your PP, just a FYI πŸ™‚
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bigdaddyjay

May 2, 2006, 9:40 AM
Had the card before the Treo so I'm stuck in a contract.
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barryefau

May 2, 2006, 9:51 AM
eh.. it's all good, I have 4, one personal, one work, a blackberry and aircard.. so I do feel your pain πŸ™‚
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bigdaddyjay

May 2, 2006, 9:56 AM
Couldn't do the blackberry, that jog dial blows. I love the Treo and want the Q but heard that will have the jog dial instead of touch screen. I want to replace my E815 but there is nothing out there that seems worth changing to, anything new comming out besides another crappy Razr that will be worth looking at?
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barryefau

May 2, 2006, 10:01 AM
I've played with the Q, it does have the 'jog dial' and no touch screen. The only phones i know that are out soon is the new razr (u mentioned) that adds micro sd and the lg 8300, both are good phones. tho the e815 is a great phone!
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ArmySF

May 2, 2006, 10:05 AM
Verizon Wireless vs Cingular 1 Qtr

--------------------------------------------- -----------------------------------

...............................VZW........... ...Ci ngular............difference
Total Revenue(m)......8,813.................8,980.. ..... ............-167
Service Revenue(m)...7,609.................8,005..... ..... .........-396
Data Revenues(m)........872
EBITDA(m)................3,389..44.54%.....2, 551.. ..31.87%......838
Operating Income(m)..2,115...24.00%.......807.....8.99% ....1 ,308

Capex(m)..................1,581.............. ...1, 441

Total Subs(k)...........53,020...............55,810 ..... ...........-2,790
Retail(k)..................50,700....95.6%... 50,78 7....91.0%.......-87
Wholesale(k)............
(continues)
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kvazzz

May 2, 2006, 10:13 AM
Wow. Imressive. Where did this come from? And, what happened to cingy's data revenue?

Thanks for the info man.
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ArmySF

May 2, 2006, 10:28 AM
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ArmySF

May 2, 2006, 11:16 AM
Official VZ 1Q06 Earnings Release

--------------------------------------------- -----------------------------------

Verizon Reports Strong First-Quarter 2006 Results
Tuesday May 2, 7:25 am ET
Quarter Highlighted by Continued Industry-Leading Wireless, Broadband and Data Results
FIRST-QUARTER HIGHLIGHTS
Consolidated Results
- Diluted earnings per share (EPS) of 56 cents, or 60 cents per share before special items (non-GAAP measure)
- Reported revenues of $22.7 billion, up 25.1 percent from first quarter 2005; operating income of $3.9 billion, up 14.0 percent from first quarter 2005
- $6.1 billion cash flow from operating activities; $0.4 billion in share repurchases
Wireless
- 1.7 million net customer additions, up 2.9 ...
(continues)
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yeahright

May 2, 2006, 11:48 AM
i would be interested in seeing how many postpaid/prepaid were with each carrier. I know cingular has had some huge numbers in prepaid field and resellers like trac phone to pad their numbers. Just curious what post paid vs. postpaid is.
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MidnightDT

May 2, 2006, 11:50 AM
cing postpaid was 1 million
vzw postpaid was 1.6 million.


take that for what you will, obvious vzw is doing much better at post paid, but they are not keeping very competitive with resellers and prepay.
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yeahright

May 2, 2006, 11:58 AM
yeah, but does verizon count like amp'd in their numbers like cingular counts trac phone?
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RUFF1415

May 2, 2006, 2:33 PM
Yes. Verizon has 50.7 million retail customers and reports 53.0 million customers overall.

https://www.phonescoop.com/carriers/forum.php?fm=m&f ... »
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kvazzz

May 2, 2006, 1:16 PM
Read cafefully, it has been mentioned by ArmySF:

VZW - 53.020 - 50.7 retail - 2.320 wholesale
Cingy - 55.810 - 50.787 retal - 5.023 wholesale

so VZ is on par with cingy based on the number of contract subscribers
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MidnightDT

May 2, 2006, 11:55 AM
I honestly was expecting 2.1 mill net adds.

Churn is lower then i expected so thats great. .96% postpay churn is awesome.

Maybe this is a good thing that Cingular is closing in I work for vzw but like you guys i hope to have OBEX in all phones and more unique ui's. maybe this is what we need to get it done, Verizon is slowly changing as it is, now that cingular is catching up who knows.
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ArmySF

May 2, 2006, 12:01 PM
they best pull their head out of the sand sooner then later with cingular network is improving quickly, they will change their name to at&t and verizon will be left with old ppl for a client base and cingular will be on the cutting edge with everything.
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MidnightDT

May 2, 2006, 12:03 PM
army im not sure how cing changing to at&t is a benefit if you ask most people (read on cing forum even) its going to make things more difficult, not help out. also you should try deep breathes, its going to be ok.
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MidnightDT

May 2, 2006, 12:04 PM
also, if all else fails verizon can just buy alltel, theres insta 13 mill (or whatever) customers, more towers in vzw areas, and no more need for roaming agreements in most rural areas. win!
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ArmySF

May 2, 2006, 12:11 PM
MidnightDT said:
also, if all else fails verizon can just buy alltel, theres insta 13 mill (or whatever) customers, more towers in vzw areas, and no more need for roaming agreements in most rural areas. win!



dont be ridiculous this will not happen
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MidnightDT

May 2, 2006, 2:19 PM
the fcc would probably never allow it, but money wise its very possible.
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ArmySF

May 2, 2006, 12:08 PM
a couple dorks on the cingular forum is not a good indication of how the new at&t will be perceived by the majority of the general population. I think the at&t will instill alot more trust and confidence and i believe it will help and the average joe will feel the same as me.
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Anxiovert

May 2, 2006, 8:29 PM
True!
Even though I feel sorry for the plp who had to migrate over and get cingular plans with less mins.
Picture this:
They'll be watching TV (completely unaware) and then see an ad saying how Cingular in now AT&T. 😳
Customer = 😲 😳 😑 😑 😑 😑 😑

*customer grabs and throws the first thing they can get their hands on at the TV* 😲

Well, at least it'll be good for the TV business. πŸ™„
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ArmySF

May 2, 2006, 9:53 PM
LMAO 🀣 🀣
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