This is the place for any and all financial results for wireless carriers and other wireless-related companies.
MetroPCS MetroPCS | Investor Relations | Press Release MetroPCS Releases Fourth Quarter 2010 Subscriber Results Fourth Quarter 2010 Subscriber Highlights Include: Highest subscriber growth year in Company history with approximately 1.5 million net subscriber additions Quarterly consolidated net subscriber additions of 298 thousand Quarterly churn of 3.5% down 180bps from 5.3% during the fourth quarter of 2009 Serve over 8.1 million subscribers, an increase of 23% from the fourth quarter of 2009 DALLAS, Jan 06, 2011 (BUSINESS WIRE) -- MetroPCS Communications, Inc. (NYSE: PCS), the nation's leading provider of unlimited wireless communications service for an affordable flat-rate with no annual contract, today announced selected subscriber information for the quarter ended December 31, 2010. MetroPCS ended the fourth quarter of 2010 with over 8.1 million subscribers overall, which includes net additions during the quarter of 298,000 subscribers. MetroPCS added approximately 1.5 million subscribers during the twelve months ended December 31, 2010. Churn for the fourth quarter of 2010 was 3.5% compared to 5.3% in the fourth quarter of 2009. The decrease in churn was primarily driven by the continued acceptance of our Wireless for All service plans. "We are pleased with our fourth quarter net subscriber additions and churn results, particularly in light of the severe weather occurring during our peak selling season in late December," said Roger D. Linquist, Chairman, President and Chief Executive Officer of MetroPCS.
Apple Reports First Quarter Results Record Mac, iPhone, iPad Sales Drive Highest Revenue and Earnings Ever Revenue Grows 71 Percent; Earnings Grow 78 Percent CUPERTINO, California—January 18, 2011—Apple® today announced financial results for its fiscal 2011 first quarter ended December 25, 2010. The Company posted record revenue of $26.74 billion and record net quarterly profit of $6 billion, or $6.43 per diluted share. These results compare to revenue of $15.68 billion and net quarterly profit of $3.38 billion, or $3.67 per diluted share, in the year-ago quarter. Gross margin was 38.5 percent compared to 40.9 percent in the year-ago quarter. International sales accounted for 62 percent of the quarter’s revenue. Apple sold 4.13 million Macs during the quarter, a 23 percent unit increase over the year-ago quarter. The Company sold 16.24 million iPhones in the quarter, representing 86 percent unit growth over the year-ago quarter. Apple sold 19.45 million iPods during the quarter, representing a seven percent unit decline from the year-ago quarter. The Company also sold 7.33 million iPads during the quarter. “We had a phenomenal holiday quarter with record Mac, iPhone and iPad sales,” said Steve Jobs, Apple’s CEO. “We are firing on all cylinders and we’ve got some exciting things in the pipeline for this year including iPhone 4 on Verizon which customers can’t wait to get their hands on.” “We couldn’t be happier with the performance of our business, generating $9.8 billion in cash flow from operations during the December quarter,” said Peter Oppenheimer, Apple’s CFO. “Looking ahead to the second fiscal quarter of 2011, we expect revenue of about $22 billion and we expect diluted earnings per share of about $4.90.” More:
WOW!!! 360,000 iOS devices per day sold in the recent Quarter! - Record-breaking quarter: Apple set new quarterly records for Mac, iPhone, and iPad sales, as well as revenue and profit. - iOS device sales booming: Apple has now sold over 160 million iOS devices since the original iPhone debuted in mid-2007, with iPhones accounting for the largest share at nearly 90 million. Apple sold over 360,000 iOS devices per day during the quarter, and iOS devices generated nearly two-thirds of Apple's quarterly revenue. - iPhone supply issues: iPhone supplies remain constrained, and the company believes it could have sold more than the record 16.24 million units sold during the quarter if supply had been available. Apple is continually working to increase production capacity, but it takes time.
Sony Ericsson Reports Fourth Quater and Full Year 2010 Results 20 January 2011 Highlights: Four consecutive quarters of profitability during 2010 Improvement of Euro 1.1 billion of income before taxes, excluding restructuring charges, for the full year Over 9 million Android-based Xperia™ phones shipped since launch Bert Nordberg, President & CEO of Sony Ericsson commented, “2010 was a turnaround year for Sony Ericsson. Our four consecutive quarters of profit reflect the success of our shift towards an Android-based smartphone portfolio. We will celebrate the 10th anniversary of the creation of Sony Ericsson in 2011, and as shown by the recently announced Xperia™ arc, we will continue to focus on delivering the most entertaining smartphones worldwide.” Income before taxes, excluding restructuring charges, was Euro 189 million for the full year 2010, compared with a loss of Euro 878 million in 2009. The improvement of approximately Euro 1.1 billion was driven by the success of a streamlined product portfolio focused on higher-end smartphones and an improved cost structure. Sales for the full year 2010 were Euro 6,294 million, a decrease of 7% from 2009, while gross margin improved from 15% in 2009 to 29%, in 2010. .....More: Sony Ericsson ships 9 million Xperia handsets in 2010 Sony Ericsson released full-year results for 2010 and within all the financial blurb, the company revealed that it had sold 9 million Android Xperia handsets during the year. Considering that the Xperia X10 only launched in early April with the X10 mini, X10 mini pro and X8 following thereafter it seems like a pretty good result for SE. The real question now is how well will the company do from here. Many customers would have been extremely frustrated being stuck on Android 1.6 for so long and it will be interesting to see how many decide to pick a SE Android handset again. Our personal view is that these numbers will only get higher, as the company does seem to have learned lessons from its 2010 line-up. One thing’s for sure though, its customers won’t tolerate any further mess ups. Source:
Leap Announces Net Customer Additions for Fourth Quarter and Full Year 2010 ~ Company ends 2010 with approximately 5.53 million customers, a year-over-year increase of 12% ~ SAN DIEGO, Jan 04, 2011 (BUSINESS WIRE) -- Leap Wireless International, Inc. (NASDAQ: LEAP), a leading provider of innovative and value-driven wireless communications services, today announced that it gained approximately 435,000 customers during the fourth quarter of 2010, including approximately 115,000 net customer additions and approximately 320,000 former customers of Pocket Communications in connection with the joint venture entered into in October. The Company's net customer additions for the fourth quarter were comprised of approximately 162,000 voice net customer additions and a net loss of approximately 48,000 broadband customers, bringing total net customer additions for 2010 to approximately 249,000. Leap ended the year with approximately 5.53 million customers. In addition, customer churn for the fourth quarter of 2010 was approximately 4.0%.
Glad to see SonyEricsson finally turning things around. They make solid devices, but have been struggling since the Sony+Ericsson merger. I could swear from all the news reports I've read the last 10 years the full name of the company was "Loss-Making Sony-Ericsson" . Looks like the Android bandwagon has a large part to do with their recovery, same as with Motorola. Good to see these long-time telecom companies turning around. Wonder if Nokia will finally throw the towel in with Symbian and move to Android?
Verizon Reports Strong 4Q and Year-End 2010 Results, Highlighted by Cash Flow, Wireless and FiOS Growth 01/25/2011 7.7 percent increase in service revenues from 4Q 2009; data revenues up 25.5 percent; 30.1 percent operating income margin and 47.5 percent Segment EBITDA margin on service revenues (non-GAAP). 955,000 total net customer additions, excluding acquisitions and adjustments, in 4Q 2010; includes 872,000 retail postpaid net customer additions in the quarter; continued low retail postpaid churn of 1.01 percent. 102.2 million total connections, includes 94.1 million total customers. Wireless Delivers Continued Strong Growth and Profitability Verizon Wireless delivered strong growth in revenues, strong retail postpaid ARPU (average monthly service revenue per user), and growth in traditional customers and other connections. Wireless service EBITDA margin was a record high. In the fourth quarter of 2010: Verizon Wireless added 872,000 retail postpaid customers, and 803,000 total retail customers, which includes a decrease of 69,000 retail prepaid customers. These additions exclude acquisitions and adjustments. At the end of the fourth quarter, the company had 87.5 million retail customers, which represented 93 percent of the company’s wireless customers. The company also added 152,000 reseller customers in the fourth quarter. The company had a total of 94.1 million customers at the end of the fourth quarter. In addition, the company had 8.1 million other connections -- such as machine-to-machine and telematics. This was an increase of 186,000 net other connections in the quarter, and brought the number of total wireless connections to 102.2 million at year-end 2010. At year-end 2010, 26 percent of Verizon Wireless’ retail postpaid customer base had smartphone devices, up from 15 percent at year-end 2009. In fourth-quarter 2010, more than 75 percent of Verizon Wireless’ postpaid net adds were smartphones. Retail postpaid churn remained low at 1.01 percent. Total retail and total customer churn levels were 1.37 and 1.34 percent, respectively. All churn levels improved year over year and sequentially. Retail service revenues in the quarter totaled $13.5 billion, up 5.1 percent year over year. Retail data revenues were $5.0 billion, up 22.8 percent year over year. Service revenues in the fourth quarter were $14.2 billion, up 7.7 percent year over year. Total revenues were $16.1 billion, up 5.7 percent year over year. For full-year 2010, service revenues were $55.6 billion, up 6.9 percent over full-year 2009; total revenues were $63.4 billion, up 5.1 percent year over year. Retail postpaid ARPU grew 2.5 percent over the fourth-quarter 2009, to $53.50. Retail postpaid data ARPU increased to $19.97, up 19.3 percent year over year. In addition, retail service ARPU grew 2.4 percent over fourth-quarter 2009, to $51.84. Wireless operating income margin was 30.1 percent, an increase of 340 basis points year over year. Segment EBITDA margin on service revenues (non-GAAP) was 47.5 percent, up 290 basis points over fourth-quarter 2009. For full-year 2010, operating income margin was 29.5 percent, up 190 basis points over full-year 2009; segment EBITDA margin on service revenues was 46.9 percent, up 140 basis points. Additional Highlights At Verizon Wireless, monthly cash expense per customer (non-GAAP) decreased in the fourth quarter 2010 to $26.59 from $27.72 in the fourth quarter 2009. For the full year, cash expense per customer was $26.80, down 2.7 percent from $27.55 in 2009. In the fourth quarter, total data revenues were 37.1 percent of all service revenues, up from 31.8 percent in the fourth quarter 2009. Verizon Wireless continued to invest in its 3G (third-generation) broadband network, the nation’s largest and most reliable 3G network. Verizon’s 3G network provides more coverage than any other U.S. carrier and is available where more than 290 million people reside. In December, Verizon Wireless launched its 4G LTE (fourth-generation Long Term Evolution) Mobile Broadband network, the fastest and most advanced 4G network in the U.S., in 38 major metropolitan areas covering one-third of all Americans and in more than 60 commercial airports. With Verizon Wireless’ 4G LTE network, laptop users experience average data throughput speeds of up to 10 times faster than when on the company’s 3G network. Verizon Wireless announced earlier this month that it would expand its 4G LTE network to an additional 140 markets by the end of 2011. Concurrent with the launch of its 4G LTE Mobile Broadband network, Verizon Wireless introduced two 4G LTE USB modems: the LG VL600 and the Pantech UML290, which are also compatible with the company’s 3G network. Verizon Wireless unveiled 10 new 4G LTE consumer devices at the International Consumer Electronics Show earlier this month, including smartphones, tablets, mobile hot spot devices and notebooks that will be available in the first half of this year. On Jan. 11, Verizon Wireless announced the iPhone 4 will be available to customers beginning in February. During the fourth quarter, Verizon Wireless customers sent or received more than 180 billion text messages. Customers also sent nearly 4.5 billion picture/video messages and completed more than 20 million music and video downloads from Verizon Wireless.
I wouldn't be surprised to see AT&T pass Verizon in total customers for Q4 2010. Then watch Verizon likely reclaim it back this quarter. It will be interesting to see how the iPhone effect plays out for Verizon and AT&T in the coming quarters and at the end of this year.
Motorola Mobility Motorola Mobility Announces Fourth-Quarter and Full-Year 2010 Financial Results Fourth Quarter Financial Highlights • Revenues of $3.4 billion, up 21 percent from fourth quarter 2009 • GAAP earnings of $0.27 per share; non-GAAP earnings of $0.37 per share • Mobile Devices net revenues of $2.4 billion, up 33 percent from fourth quarter 2009; shipped 4.9 million smartphones; GAAP operating earnings of $72 million; non-GAAP operating earnings of $56 million • Home net revenues of $1.0 billion; GAAP operating earnings of $54 million; non-GAAP operating earnings of $90 million • Operating cash flow generation of $225 million LIBERTYVILLE, Ill. – Jan. 26, 2011 – Motorola Mobility Holdings, Inc. (NYSE: MMI) today reported net revenues of $3.4 billion in the fourth quarter of 2010, up 21 percent from the fourth quarter of 2009. The GAAP earnings in the fourth quarter of 2010 were $80 million, or $0.27 per share, compared to a loss of $204 million, or $0.69 per share, in the fourth quarter of 2009. On a non-GAAP basis, earnings in the fourth quarter of 2010 were $108 million, or $0.37 per share, compared to a loss of $70 million, or $0.24 per share, in the fourth quarter of 2009. For the full year, 2010 net revenues were $11.5 billion, up 4 percent compared to 2009. For the full year, the GAAP loss was reduced to $0.29 per share from a loss of $4.56 per share in 2009. On a non-GAAP basis, the loss was reduced to $0.28 per share from a loss of $2.95 per share in 2009. Details on non-GAAP adjustments and the use of non-GAAP measures are included later in this press release and in the financial tables. The Company generated positive operating cash flow of $225 million and $606 million in the quarter and full year, respectively. As planned, subsequent to the end of the quarter, the Company received $3.2 billion in cash related to its separation from Motorola, Inc. “The improvement in our financial results last year, including profitability in the fourth quarter, is indicative of the progress we have made in delivering innovative smartphones and improving the Mobile Devices business,” said Sanjay Jha, chairman and chief executive officer of Motorola Mobility. “Our Home business performed well and remains a premier provider of digital set-tops and end-to-end video solutions. With the global opportunities ahead, along with our diversified portfolio, our brand, and our people, we are well positioned to grow, and further improve our financial results in 2011.” Operating Results Mobile Devices segment net revenues in the fourth quarter were $2.4 billion, up 33 percent compared with the year-ago quarter. GAAP operating earnings were $72 million compared to an operating loss of $166 million in the year-ago quarter. Non-GAAP operating earnings were $56 million compared to an operating loss of $117 million in the year-ago quarter. For the full year 2010, net revenues were $7.8 billion, an increase of 9 percent compared to 2009. The 2010 GAAP operating loss was reduced to $76 million from an operating loss of $1.2 billion in 2009. The 2010 non-GAAP operating loss was reduced to $198 million from an operating loss of $923 million in 2009. The Company shipped 4.9 million and 13.7 million smartphones in the quarter and full year, respectively, compared to 2.0 million in the fourth quarter and full year 2009. The Company shipped total handsets (including smartphones) of 11.3 million and 37.3 million in the quarter and full year 2010, respectively. Mobile Devices highlights: • Launched seven new smartphones in the fourth quarter, including the DROID PRO, DROID 2 Global, Motorola DEFY™, and Motorola BRAVO™, bringing our total smartphone launches for the year to 23. • In the first quarter 2011, announced three new smartphones and the Company's first tablet which are garnering numerous accolades. Products include: o Motorola ATRIX™ 4G, winner of CNET's Best Smartphone at CES (Consumer Electronics Show) award, featuring a dual-core processor, qHD pentile display and Motorola Mobility’s proprietary webtop application that powers an ecosystem of accessories, enabling users to have an enhanced and more interactive computer-like experience with their device. o Named “Best of Show” at CES 2011, Motorola XOOM™ is the first device to incorporate Android 3.0 Honeycomb, Google’s powerful new operating system developed specifically for tablets; XOOM features a dual-core processor and high-definition 10.1 inch widescreen display. o DROID™ BIONIC features a sleek design, and delivers the fastest mobile Internet experience with 4G LTE speeds that are up to 10 times faster than current 3G speeds. o Motorola CLIQ 2™ with MOTOBLUR™, the follow-up to Motorola Mobility’s first smartphone, features a 3.7-inch touch-screen display, a 1GHz processor and a new slide-out QWERTY keypad. • Acquired Zecter, Inc., a leading start-up with synchronization and streaming technologies for on-demand digital media consumption. Home segment net revenues in the fourth quarter were $1.0 billion, up 1 percent compared with the year-ago quarter. GAAP operating earnings were $54 million, compared to an operating loss of $30 million in the year-ago quarter. Non-GAAP operating earnings increased to $90 million from $71 million in the year-ago quarter. For the full year 2010, net revenues were $3.6 billion, compared to $3.9 billion in 2009. GAAP operating earnings increased to $152 million from $11 million in 2009. The 2010 non-GAAP operating earnings increased to $272 million from $197 million in 2009. Home highlights: • Increased shipments of DVR set-tops reflecting consumer desire for personalized viewing experiences. • Acquired 4Home, a leading provider of managed home solutions, to expand our cloud-based Motorola Medios service management software portfolio. • Launched RX48 CMTS module, the industry’s highest-density upstream DOCSIS solution. • Launched a next-generation IP set-top for the EMEA market, extending our leadership position in IPTV. First-Quarter 2011 Outlook The Company’s outlook for the first quarter of 2011 is the following: • Consolidated operating earnings in a range around breakeven • Non-operating costs of approximately $10 million • Income tax provision of approximately $25 million • Net loss of $26 million to $62 million • Net loss per share of $0.09 to $0.21 • Basic shares outstanding of approximately 294 million shares • Excludes charges associated with items of the variety typically highlighted by the Company in its quarterly earnings results, stock-based compensation expense and intangible assets amortization expense Consolidated GAAP Results A comparison of results from operations is as follows: Fourth Quarter Full Year (In millions, except per share amounts) 2010 2009 2010 2009 Net revenues $3,425 $2,823 $11,460 $11,050 Gross margin 915 706 2,965 2,153 Operating earnings (loss) 126 (196) 76 (1,211) Earnings (loss) before income taxes 110 (215) (4) (1,335) Net earnings (loss) attributable to Motorola Mobility Holdings, Inc. $80 ($204) ($86) ($1,342) Basic earnings (loss) per common share* $0.27 ($0.69) ($0.29) ($4.56) Basic weighted average common shares outstanding* 294.3 294.3 294.3 294.3 Non-GAAP Adjustments (Highlighted Items, Stock-based Compensation Expense and Intangible Assets Amortization Expense) The table below includes highlighted items, stock-based compensation expense and intangible assets amortization expense for the fourth quarter of 2010. EPS Impact GAAP Earnings per Common Share* $0.27 Highlighted Items: Reorganization of business charges 0.06 Joint venture wind-down costs 0.03 IP settlement (0.19) Total Highlighted Items (0.10) Stock-based compensation expense 0.14 Intangible assets amortization expense 0.05 Stock-based Compensation Expense and Intangible Assets Amortization Expense 0.19 Total Non-GAAP Adjustments ** 0.10 Non-GAAP Earnings per Common Share * $0.37
AT&T Reports Record 2.8 Million Wireless Net Adds, Strong U‑verse Sales, Continued Revenue Gains in the Fourth Quarter Dallas, Texas, January 27, 2011 (Fancy PDF Link) $0.18 diluted EPS, $0.55 excluding significant items; compared to $0.46 diluted EPS and $0.50 per diluted share when excluding significant items in the year-earlier period Consolidated revenues of $31.4 billion in the fourth quarter, up $653 million, or 2.1 percent, versus the year-earlier period 9.9 percent growth in wireless revenues, with a 9.6 percent increase in wireless service revenues Best-ever wireless net adds, with a more than 2.8 million increase in total wireless subscribers to reach 95.5 million subscribers in service; full-year wireless net adds totaled 8.9 million, the company's best-ever annual total Continued expansion in new wireless growth areas; connected devices up a record 1.5 million; iPad- and Android-based tablets up 442,000 27.4 percent growth in wireless data revenues, up $1.1 billion versus the year-earlier quarter Postpaid subscriber ARPU (average monthly revenues per subscriber) up 2.2 percent to $62.88, the eighth consecutive quarter with a year-over-year increase Best-ever fourth-quarter total wireless churn at 1.32 percent; 1.15 percent postpaid churn, matching previous best-ever fourth-quarter level AT&T Inc. (NYSE:T) today reported fourth-quarter results highlighted by revenue growth, record wireless net adds, strong U-verse services sales and gains in IP-based and strategic business services revenues. "We had another strong quarter and a solid year," said Randall Stephenson, AT&T chairman and chief executive officer. "Our major growth platforms – mobile broadband, U-verse and strategic business services – continue to set the pace for the industry, and we're still early in the growth cycle for all of these areas. Progress across these growth platforms, combined with continued progress on our cost-improvement initiatives, drive our positive outlook. "2011 is the year when we'll take mobile broadband to the next level," Stephenson said. "We're seeing 4G speeds today in areas of key markets, we've accelerated our LTE deployment plans, and we expect to add 20 4G devices to our lineup this year. AT&T has led the mobile broadband revolution, and we are well positioned to drive the industry's next waves of innovation and growth." Fourth-Quarter Financial Results For the quarter ended December 31, 2010, AT&T's consolidated revenues totaled $31.4 billion, up $653 million, or 2.1 percent, versus the year-earlier quarter, marking the company's fourth consecutive quarter with a year-over-year revenue increase. Compared with results for the fourth quarter of 2009, operating expenses were $29.3 billion versus $26.1 billion; operating income was $2.1 billion, down from $4.6 billion; and AT&T's operating income margin was 6.7 percent, compared to 14.9 percent. Excluding fourth-quarter significant items, operating expenses were $25.8 billion versus $25.6 billion, operating income was $5.6 billion, compared to $5.1 billion, and operating income margin was 17.7 percent, compared to 16.6 percent. Fourth-quarter 2010 net income attributable to AT&T totaled $1.1 billion, or $0.18 per diluted share. Excluding a one-time charge of $0.26 from a previously disclosed pension accounting change; a $0.09 charge for severance costs; and a $0.02 charge for asset impairments, adjusted earnings per share was $0.55. These results compare with reported net income attributable to AT&T of $2.7 billion, or $0.46 per diluted share, in the fourth quarter of 2009. Excluding significant items, earnings per share for the fourth quarter of 2009 was $0.50 per diluted share. Excluding significant items, fourth-quarter 2010 earnings per share was up 10.0 percent versus the fourth quarter of 2009. Fourth-quarter 2010 cash from operating activities totaled $9.6 billion, and capital expenditures totaled $6.6 billion. Free cash flow — cash from operating activities minus capital expenditures — totaled $3.1 billion. Full-Year Results, Outlook For the full year 2010, compared with 2009 results, AT&T's consolidated revenues totaled $124.3 billion versus $122.5 billion; operating expenses were $104.7 billion, compared with $101.5 billion; net income attributable to AT&T was $19.9 billion versus $12.1 billion; and earnings per diluted share was $3.35 compared with $2.05. Earnings per share, excluding significant items, totaled $2.29, compared with $2.07, an increase of 10.6 percent for the year. Compared with 2009 results, AT&T's full-year cash from operating activities totaled $35.0 billion, up from $34.4 billion. Capital expenditures, including capitalized interest, totaled $20.3 billion versus $17.3 billion, including a more than 50 percent increase in wireless-related capital investment versus the year earlier, as AT&T aggressively deployed next-generation wireless broadband networks; and free cash flow totaled $14.7 billion, compared with $17.1 billion. In 2011, AT&T expects consolidated revenue growth in conjunction with an expansion in consolidated, wireline and wireless operating margins, including wireless service margins. Achieving these targets will lead to expected mid-single digit or better earnings per share growth versus 2010 earnings, excluding changes in capitalized interest. (In 2011, AT&T will no longer capitalize interest expense attributable to the company's LTE-related spectrum purchases. The impact of the change would have reduced earnings per share by $0.07 in 2010. Therefore, projected earnings growth is based on a 2010 earnings per share number of $2.22.) AT&T also expects modest improvement in free cash flow, with capital expenditures in the low-to-mid $19 billion range, as increases in wireless spending will be offset by lower wireline capital expenditures and the elimination of capitalized interest in LTE spectrum. Wireless Operational Highlights Led by record subscriber additions, AT&T delivered continued strong growth in its wireless business in the fourth quarter, including wireless service revenue gains. The fourth quarter was also the first quarter in the company's history in which wireless revenues exceeded wireline revenues. Highlights included: Best-Ever Subscriber Gain. AT&T posted a net gain in total wireless subscribers of 2.8 million, to reach 95.5 million in service, the best net gain in the company's history. Full-year wireless net adds totaled 8.9 million (adjusted for mergers and acquisitons), the company's best-ever annual total. Fourth-quarter net add growth reflects rapid adoption of smartphones, increases in prepaid subscribers, strength in the reseller channel and a record quarter in connected devices such as eReaders, security systems, fleet management and a host of other products. AT&T also had a another strong tablet quarter, a new growth area for the company. It added 442,000 iPad- and Android-based tablets to its network, with more than 90 percent of these booked to the prepaid category. Retail net adds for the quarter include postpaid net adds of 400,000 and prepaid net adds of 307,000. Connected device net adds were 1.5 million, and reseller net adds were 595,000. Churn at Record Fourth-Quarter Levels. Postpaid churn was 1.15 percent, matching last year's best-ever fourth-quarter record. Total churn was a record-low fourth-quarter level of 1.32 percent versus 1.42 percent in the fourth quarter of 2009. Continued Strength in Integrated Device Sales. AT&T continued to grow its base of integrated device subscribers. More than 7.4 million postpaid integrated devices were sold in the fourth quarter, including the second-largest quarterly number of upgrades in the company's history. Integrated device sales included 4.1 million iPhone activations. More than 80 percent of postpaid sales were integrated devices. (Integrated devices are handsets with QWERTY or virtual keyboards in addition to voice functionality and are a key driver of wireless data usage.) At the end of the quarter, 61.0 percent of AT&T's 68.0 million postpaid subscribers had integrated devices, up from 46.8 percent a year earlier. The average ARPU for integrated devices on AT&T's network is 1.7 times that of the company's non-integrated device base. More than 80 percent of integrated device subscribers are on FamilyTalk and/or business discount plans. Churn levels for these subscribers are significantly lower than for other postpaid subscribers. Continued Strong Wireless Revenue Growth. Wireless service revenues increased 9.6 percent, to $13.8 billion, in the fourth quarter. Total wireless revenues, which include equipment sales, were up 9.9 percent year over year to $15.2 billion. Robust Growth in Wireless Data Revenues. Wireless data revenues — driven by messaging, Internet access, access to applications and related services — increased $1.1 billion, or 27.4 percent, from the year-earlier quarter to $4.9 billion. AT&T postpaid wireless subscribers on monthly data plans increased by 20.4 percent over the past year. Versus the year-earlier quarter, total text messages carried on the AT&T network increased by nearly 29 percent to 173.1 billion, and multimedia messages increased by 75.0 percent to 3.9 billion. Further Postpaid ARPU Growth. Driven by strong data growth, postpaid subscriber ARPU increased 2.2 percent versus the year-earlier quarter to $62.88. This marked the eighth consecutive quarter AT&T has posted a year-over-year increase in postpaid ARPU. Postpaid data ARPU reached $22.64, up 17.8 percent versus the year-earlier quarter. Wireless Margins. Fourth-quarter wireless margins reflected increased operating costs associated with strong integrated device activations and high customer upgrade levels, offset in part by improved operating efficiencies and further revenue growth from the company's base of high-quality integrated device subscribers. AT&T's fourth-quarter wireless operating income margin was 22.9 percent versus 25.9 percent in the year-earlier quarter, and AT&T's wireless OIBDA service margin was 37.6 percent, compared with 40.7 percent in the fourth quarter of 2009 and flat sequentially. (OIBDA service margin is operating income before depreciation and amortization, divided by total service revenues.) Fourth-quarter wireless operating expenses totaled $11.7 billion, up 14.3 percent versus the year-earlier quarter, and wireless operating income was $3.5 billion, down 2.8 percent year over year.
I'm surprised AT&T isn't hawking the fact they are the new #1 carrier again: At the end of 2010: 1) AT&T - 95.5 million customers 2) Verizon - 94.1 million customers So AT&T leads Verizon by 1.4 million now. Whatever lead Verizon's Alltel purchase gave them evaporated by AT&T's carrying the iPhone. Pretty amazing that one phone can literally have such an effect on a carrier like this. 1st Quarter numbers in April will be eagerly anticipated by both, I'm sure.
I suspect its due to one of two things: Verizon's tally doesn't include their 8.1 million machine-to-machine connections and telematic--they list a separate tally of 102.2 million. AT&T on the other hand, I suspect has fewer of these type connections and includes them in their tally: The second is that VZW weathered a slow quarter of impending iPhone release with reasonable gains and profitability. I thought the VZW iPhone would incur some changes, and slowly, but now I'm thinking by the end of the quarter we really are going to see that multi-million shift from AT&T to VZW. AT&T shouldn't tout being #1 when its almost certain they're going to lose it by next quarter.
That's the thing, they don't: Verizon Wireless still ahead of AT&T in apples-to-apples customer comparison - Computerworld Just as spleck said, in a real comparison, VZW wins either 94.1 to 86, or 102.2 to 95.5.
Leap Wireless/Cricket Communications These are the full results, the previous results in spleck's 1/20 post were approximates. Leap's net loss widens in Q4 - FierceWireless
Here's the official PDF from their site: http://s.tmocache.com/Cms/Files/Pub...54F2C8/file/TMUSQ42010PressReleaseFinalv2.pdf BELLEVUE, Wash., February 25, 2011 -- T-Mobile USA, Inc. (“T-Mobile USA”) today reported fourth quarter of 2010 results. In the fourth quarter of 2010, T-Mobile USA reported service revenues of $4.69 billion compared to $4.65 billion in the fourth quarter of 2009, and OIBDA of $1.34 billion compared to $1.38 billion reported in the fourth quarter of 2009. The number of customers using smartphones continued to increase significantly during the quarter, driving growth in blended data ARPU. Blended data ARPU in the fourth quarter of 2010 was $12.80, up 25.5% from the fourth quarter of 2009. Net customer losses were 23,000 in the fourth quarter of 2010 compared to 371,000 net customer additions in the fourth quarter of 2009. “Our service revenues increased year-on-year in the fourth quarter. Data ARPU growth rates are outperforming our main competitors as we leverage our 4G network and provide rich and compelling smartphones and data plans. However, high contract churn and significant contract customer losses in the fourth quarter of 2010 indicate that we still have a fair amount of work ahead of us and that any turnaround will take time. With the ongoing implementation of our challenger strategy we are laying the foundation for improved performance going forward,” said Philipp Humm, President and CEO of T-Mobile USA. “I am pleased with the increase in smartphone adoption and our ongoing improvement in data ARPU. Data growth in the U.S. mobile market continues to accelerate and with the largest 4G network T-Mobile USA is well-positioned to differentiate itself and grow consumer usage. We are not satisfied with contract churn, but we expect that the measures presented at the T-Mobile USA Investor Day in January will lead to improvements in 2011,” said René Obermann, CEO of Deutsche Telekom. Customers T-Mobile USA served 33.73 million customers (as defined in Note 3 to the Selected Data, below) at the end of the fourth quarter of 2010, down from 33.76 million at the end of the third quarter of 2010 and 33.79 million at the end of the fourth quarter of 2009. - In the fourth quarter of 2010, net customer losses were 23,000, compared to net additions of 137,000 in the third quarter of 2010 and 371,000 in the fourth quarter of 2009. o Contract customers were the primary driver for the sequential and year-on-year change in net customers. Contract net customer losses were 318,000 in the fourth quarter of 2010, compared to 60,000 net contract customer losses in the third quarter of 2010, and 117,000 net contract customer losses in the fourth quarter of 2009. - Sequentially and year-on-year, the decline in net contract customers was driven primarily by fewer contract gross customer additions. Traditional postpay gross customer additions decreased in the fourth quarter of 2010 driven primarily by revised credit standards and competitive intensity. FlexPaySM contract gross customer additions also decreased related to competitive intensity. - Connected device net customer additions, included within contract customers (as defined in Note 3 to the Selected Data, below), were lower in the fourth quarter of 2010 than in the third quarter of 2010 and now total 1.9 million at December 31, 2010 Prepaid net customer additions, including MVNO customers (as defined in Note 3 to the Selected Data, below), were 295,000 in the fourth quarter of 2010, compared to 197,000 in the third quarter of 2010 and 488,000 in the fourth quarter of 2009. - MVNO customer additions were the primary driver of prepaid net customer additions. MVNO customers totaled 2.8 million at December 31, 2010. - Year-on-year, FlexPay No-Contract net customer losses were the primary reason for the decrease in prepaid net customer additions. Churn Blended churn (as defined in Note 2 to the Selected Data, below), including both contract and prepaid customers, was 3.6% in the fourth quarter of 2010, up from 3.4% in the third quarter of 2010 and 3.3% in the fourth quarter of 2009. - The sequential and year-on-year increase was driven primarily by prepaid churn. Contract churn was 2.5% in the fourth quarter of 2010, up from 2.4% in the third quarter of 2010 and consistent with the fourth quarter of 2009. - The sequential increase in contract churn was due primarily to higher churn of connected devices in the fourth quarter of 2010 and competitive intensity. Prepaid churn increased in the fourth quarter of 2010 to 7.5% from 7.2% in the third quarter of 2010 and 6.8% in the fourth quarter of 2009. - The sequential and year-on-year increase in prepaid churn was driven primarily by MVNO customers.
