The third quarter pretty much explains why we’ll see a Verizon Wireless iPhone in the coming months. AT&T had a robust quarter, adding 2.6 million new connections in the quarter ending Sept. 30 while Verizon added 997,000 subscribers. At $ 62.84, AT&T’s postpaid average revenue per user is also well above its rivals including Verizon at $ 55.66, thanks largely to the iPhone. Verizon still boasts better margins with higher wireless operating income. But when you consider that AT&T registered 5.2 million iPhone activations in the third quarter, it may mean that Big Red is ready to embrace Apple’s iPhone.
| Leap Wireless: |
| Wireless Service Revenue: $ 565.2 million |
| Operating Loss: $ 478.1 million |
| Wireless Data Revenue: N/A |
| Net Subscriber Loss: 200,000 |
| Total Subscribers: 5 million |
| Prepaid Churn: 5.1 percent |
| Prepaid ARPU: $ 37.02 |
| Metro PCS: |
| Wireless Services Revenue: $ 942 million |
| Income from operations: $ 208 million |
| Wireless Data Revenue: N/A |
| Net Subscriber Adds: 223,000 |
| Total Subscribers: 7.9 million |
| Churn: 3.8 percent |
| Prepaid ARPU: $ 39.69 |
| T-Mobile: |
| Wireless Revenue: $ 4.71 billion |
| Wireless Net Income: $ 320 million |
| Wireless Data Revenue: $ 1.26 billion |
| Net Prepaid Subscriber Adds: 197,000 |
| Net Postpaid Subscriber Loss: 60,000 |
| Total Subscribers: 33.8 million |
| Churn: Postpaid 2.4 percent, Prepaid 7.2 percent |
| Postpaid ARPU: $ 52 |
| Sprint: |
| Wireless Retail Services Revenue: $ 6.4 billion |
| Wireless Operating Loss: $ 448 million |
| Wireless Data Revenue: N/A |
| Net Prepaid Subscriber Adds: 471,000 |
| Net Postpaid Subscriber Loss: 107,000 |
| Net Wholesale Subscriber Adds: 280,000 |
| Total Subscribers: 48.1 million |
| Churn: Postpaid 1.93 percent, Prepaid 5.32 percent |
| ARPU: Postpaid $ 55, prepaid $ 28 |
| Verizon: |
| Wireless Services Revenue: $ 14.2 billion |
| Wireless Operating Income: $ 4.85 billion |
| Wireless Data Revenue: $ 5.1 billion |
| Net Prepaid Subscriber Loss: 137,000 |
| Net Postpaid Subscriber Adds: 584,000 |
| Net Reseller Subscriber Adds: 550,000 |
| Total Subscribers: 93.2 million |
| Churn: Postpaid 1.07 percent |
| ARPU: Postpaid retail $ 53.66 |
| AT&T: |
| Wireless Services Revenue: $ 13.4 billion |
| Wireless Operating Income: $ 3.5 billion |
| Wireless Data Revenue: $ 4.8 billion |
| Net Prepaid Subscriber Adds: 321,000 |
| Net Postpaid Subscriber Adds: 745,000 |
| Net Reseller Subscriber Adds: 406,000 |
| Net Connected Device Adds: 1.2 million |
| Total Subscribers: 92.8 million |
| Churn: Postpad 1.14 percent Blended 1.32 percent |
| ARPU: Postpaid $ 62.84 |
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