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Wireless News | Subject: Sprint reports 2Q results in Wireless Topics; http://biz.yahoo.com/prnews/040721/cgw015_1.html Specifically to PCS: Wireless posted year-over-year revenue growth of 17% and reported a 19% increase in Adjusted EBITDA*. In ...

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Old 07-21-2004, 10:30 AM   #1 (permalink)
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Default Sprint reports 2Q results

http://biz.yahoo.com/prnews/040721/cgw015_1.html

Specifically to PCS:

Quote:
Wireless posted year-over-year revenue growth of 17% and reported a 19% increase in Adjusted EBITDA*. In the quarter, ARPU* came in at a strong $62, a modest increase over both the year-ago period and the first quarter. PCS also continued to achieve solid subscriber gains with the total base increasing by 897,000 subscribers in the quarter. The subscriber gains included 505,000 direct additions and 392,000 additions from our wholesale and affiliate partners. Sprint also acquired 91,000 subscribers from an affiliate during the quarter. This acquisition is not reflected in either direct or affiliate additions.
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Old 07-21-2004, 10:36 AM   #2 (permalink)
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Default Re: Sprint reports 2Q results

churn 2.3%, ARPU $62
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Old 07-21-2004, 1:38 PM   #3 (permalink)
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Default Re: Sprint reports 2Q results

Thats a pretty high churn. But a nice arpu.
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Old 07-21-2004, 2:02 PM   #4 (permalink)
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Default Re: Sprint reports 2Q results

The churn is improving. Much lower than the 2.9% last quarter. Also an increase of 900 new cell sites over last quarter is pretty substantial.

Also they now cover a total of 251 million pops. An increase of 5 million over last quarter. Vision customers have also greatly increased.
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Old 07-21-2004, 2:19 PM   #5 (permalink)
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Default Re: Sprint reports 2Q results

Churn is still high. But like I said arpu is nice.
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Old 07-21-2004, 2:58 PM   #6 (permalink)
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Default Re: Sprint reports 2Q results

Actually, their churn will probably beat all nationals but Verizon and Nextel. It will surely be better than T-Mobile and AT&T. Their ARPU will be 2nd only to Nextel, more than Verizon, Cingluar, and possibly T-Mobile by a wide margin.
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Old 07-21-2004, 6:08 PM   #7 (permalink)

 
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Default Re: Sprint reports 2Q results

Nice, Sprint PCS seems to be rebounding. They had a good quarter this time it sounds like.
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Old 07-21-2004, 6:37 PM   #8 (permalink)

 
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Default Re: Sprint reports 2Q results

Well..sprint sucks...LOL So how can they rise? Oh well
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Old 07-21-2004, 7:27 PM   #9 (permalink)
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Default Re: Sprint reports 2Q results

Quote:
Originally Posted by Cailiff04
Well..sprint sucks...LOL So how can they rise? Oh well
Please spare us the unnecessary comments that add no value to a thread.
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