Feeds

Verizon numbers show some fiber

Subs up, but ARPU slips

Intelligent flash storage arrays

As expected, Verizon edged even closer to cellular leader Cingular in the quarter ending December 31. Verizon added 2 million net mobile subscribers, 200,000 more than Cingular, bringing the total to 51.3 million. That's an addition of 7.5 million over the year, 17.5 per cent up.

For the final quarter of FY 2005, Verizon booked $19.3bn revenue, up 6.7 per cent year-on-year, and $1.7bn in earnings. The company is a formidable money-making machine: the operating profit for the year was $22bn on revenue of $75bn. If you combined the revenues of Intel, Apple and Google, Verizon will still be almost twice as large.

The emphasis on subscribers took the attention away from an average revenue per subscriber (ARPU) statistic which is heading in the wrong direction. Verizon ARPU fell by 1.9 per cent year-on-year, to $49.36. That's comparable to Cingular but far below rival Sprint.

But Verizon, which launched an over-the-air digital music download service V CAST in the quarter, pointed to growing data revenue from younger users. And all the Stateside carriers are aware that they've barely begun to tap the potential market, compared to the European carriers, where ARPUs are almost ten times that of Verizon and Cingular.

The much-watched FiOS, or fiber-to-the-premises data service now reaches three million homes, nine months after launch, with a take up rate of 14 per cent, claimed Verizon.

Verizon says it's setting aside $550m in the current quarter for integration expenses related to the MCI merger.

Fourth placed carrier T-Mobile, which reports on March 2, yesterday said it had added 1.4 million net new customers in the final quarter of 2005, bringing the total to 21.7 million, up 25 per cent. The Deutsche Telekom subsidiary said it had reduced churn on pay monthly accounts to 2.3 per cent. ®

Top 5 reasons to deploy VMware with Tegile

More from The Register

next story
Facebook, Apple: LADIES! Why not FREEZE your EGGS? It's on the company!
No biological clockwatching when you work in Silicon Valley
'Cowardly, venomous trolls' threatened with TWO-YEAR sentences for menacing posts
UK government: 'Taking a stand against a baying cyber-mob'
Doctor Who's Flatline: Cool monsters, yes, but utterly limp subplots
We know what the Doctor does, stop going on about it already
Happiness economics is bollocks. Oh, UK.gov just adopted it? Er ...
Opportunity doesn't knock; it costs us instead
Arab States make play for greater government control of the internet
Nerds told to get lost in last-minute power grab bid at UN meeting
Zippy one-liners, broken promises: Doctor Who on the Orient Express
Series finally hits stride, but Clara's U-turn is baffling
Don't bother telling people if you lose their data, say Euro bods
You read that right – with the proviso that it's encrypted
Apple SILENCES Bose, YANKS headphones from stores
The, er, Beats go on after noise-cancelling spat
prev story

Whitepapers

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
Win a year’s supply of chocolate
There is no techie angle to this competition so we're not going to pretend there is, but everyone loves chocolate so who cares.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.