Cingular Wireless Reports Strong Second-Quarter 2006 Results
1.5 million Net new subscribers.
1.7% overall churn
1.5% postpaid churn
Total net on network= 57.3 million customers
Arpu= $48.84
Data Arpu= $5.77
Postpaid data arpu= $6.60
- Highest-ever net income of $540 million, a year-over-year increase of 267 percent
- 1.5 million net subscriber additions, including more than 1 million postpaid customers
- Best-ever overall churn of 1.7 percent
- Best-ever postpaid churn of 1.5 percent
- 57.3 million cellular/PCS subscribers at quarter's end, more than any other U.S. carrier
- 7.1 percent increase in total revenues year-over-year
- Normalized OIBDA margin of 32.6 percent, a year-over-year improvement of 370 basis points
- More than 900 new or renewed high-end enterprise service contracts in the quarter
- Continued, accelerating progress in merger integration activities
- 98 percent of...
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They are having the conference call at 10am, which I will be listening to and you and others can do if you look on Cingular’s investor relations page. There will be talk that is more elaborate when the executives speak on each topic.
Some more information; (this is actually from their slides)
Their ARPU (Voice) had a sequential change of .7% BUT dropped 3.3% year over year.
Postpaid churn decreased 10 basis points sequential and dropped more than 30 basis points year over year.
Total overall churn decreased by 20 basis points sequentially and dropped more than 50 basis points year over ...
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