The most important metric for a wireless provider is postpaid phone subscribers since these are the customers that pay high recurring subscription rates each month and buy new phones and accessories, and subscribe to services. For the three months that ended in March, Verizon, the nation's largest wireless carrier, reported a net loss of 127,000 retail postpaid phone subscribers.
T-Mobile will report its Q1 earnings on April 27th and is expected to surpass AT&T's figure to lead the industry in net new postpaid phone subscribers.reported a decline of 263,000 postpaid phone subscribers which more than offset the 136,000 net new postpaid phone subscribers that Verizon added in its business segment during the first quarter. While consumer postpaid phone churn rose year-over-year to .84% from .77%, postpaid phone churn in the business unit was 1.16%.
Vestberg added,"Last month, we announced that our 5G Ultra Wideband now reaches more than 200 million people as we continue to undergo the most aggressive network deployment in our company's history. With our mobile and broadband capabilities, and our focus on network strength, we are giving more customers in more places a superior network experience."
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: FoxBusiness - 🏆 458. / 53 Read more »
Source: MarketWatch - 🏆 3. / 97 Read more »