Verizon Wireless edges closer to Cingular
PrintMy churn is smaller than yours
Posted in Financial News, 24th January 2006 15:49 GMT
Free whitepaper – Thermal design of Dell PowerEdge server
Verizon Wireless did a little strip-tease for Wall Street today, offering a sneak peek at key performance indicators for Q4, ahead of Thursday's results announcement.
The US cellco was hot on the heels of leader Cingular for the three months ended December 31, 2005, recording a net gain of 2m customers for the quarter, compared with the 1.8m nabbed by its rival.
Verizon says its churn rate (or customer-fleeing) is the lowest in the US wireless sector, but we will have to wait for Thursday for the numbers. However, in a customer satisfaction survey of US cellcos published last week, it emerged as the clear winner.
Verizon Wireless ended the quarter with 51.3m customers, compared with Cingular's 54.1m. Verizon was the traditional US cellco leader until the consolidation of the sector in the last couple of years, which saw Cingular leapfrog into the lead with the acquisition of AT&T Wireless.
The sub-text of today's announcement from Verizon is that it will only be a matter of time before it resumes top dog slot again. ®
Free whitepaper – Migrating to the new Dell Management Console
What Exchange can't do - and Dell can
Automating the Acquisition Process with Enterprise Level CRM
10 Strategies for Choosing a Midmarket ERP Solution
Enabling the Agile Data Center
10 Steps to a Successful CRM Implementation
Dirty, dirty PCs: The X-rated picture guide
Top 500 supers - rise of the Linux quad-cores
Early adopters bloodied by Ubuntu's Karmic Koala
Sign up, sign up for The Register IT security newsletter