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Articles tagged with: Alltel and Verizon
Verizon Communications Quarterly Profit up 5.3%
Verizon Communications has reported that its first-quarter revenues jumped 11.6 percent to US$26.6 billion, compared with the first quarter 2008 - largely thanks to the acquisition of alltel earlier this year. Excluding the alltel boost, revenues would have grown by 3.3 percent. more
Related Tags: verizon-wireless, lte, itu, arpu, sim, USA
Telecoms dealmaking on hold in 4Q '08
According to a new study from Ovum, global economic downturn depressed valuations and dealmaking in the telecom sector in 4Q 2008. Based on Ovum's report, M&A deal count was 129 in 4Q08, from 192 in 4Q07, with only four deals valued above US$1 billion, from 10 in 4Q07. more
Related Tags: ovum, citigroup, zain, capex, telenor, lte, sms, oracle, ipo, tax, sun, zain-saudi-arabia, turk-telecom
USA Saw Lowest Ever Annual Subscriber Growth in 2008
Although the American market did not suffer quite so badly as the Canadian market in the fourth quarter, it did see a disappointing figure for net additions. The quarterly gain of 4.15m represented the lowest increase since 2002, and it was 58% lower than the 6.55m recorded in Q4 07. The total market reached 271m customers, equivalent to a penetration rate of 88.8%. Meanwhile, the inexorable decline in annual growth continued: 2008 saw an uplift of just 6.1%, the lowest figure ever recorded in the market in more than 25 years of service. more
Related Tags: t-mobile, rural, metropcs, leap-wireless, tim, lte, verizon-wireless, USA
Shareholders Pushing for Sale of US Cellular to Larger Rival
Further consolidation in the USA's telecoms market could be imminent as shareholders are reported to be pressuring U.S. Cellular to seek a buy-out from one of its larger rivals. The company is 81% controlled by Telephone & Data Systems (TDS), which is itself facing pressure from several large shareholders to put itself up for sale. more
Related Tags: t-mobile, eu, wcdma, ict, metropcs, sprint-nextel, lte, verizon-wireless, cdma, anti-trust, u.s.-cellular, sprint, gsm, USA
T-Mobile USA Tops Customer Care Survey
On average, wireless carriers that quickly and seamlessly transfer their customers from automated systems to live service representatives during service calls outperform carriers that handle the process less efficiently, according to a J.D. Power report. more
Related Tags: t-mobile, lte, verizon-wireless, customer-care, seven, j.d.-power, billing, USA
Verizon Profits Rise as Wireless Growth Starts to Slow
US based Verizon Communications has reported a rise in its fourth-quarter profits, although growth in its wireless subscriber base slowed even as landline subscribers continued to shut-down their accounts. The firm recorded a quarterly profit of US$1.2 billion compared to US$1.1 billion a year ago - on sales of US$24.6 billion (compared to US$23.8 billion a year ago). more
Related Tags: arpu, rural, vodafone, lte, verizon-wireless, compete, verizon-communications, USA
US Wireless Growth Won't Be Stopped by Weak Economy
A Strategy Analytics report is predicting that US cellular subscriber growth will remain strong despite the economic situation, although growth levels will scale back slightly from 2008. US cellular service revenues will also continue to grow, albeit at a slower growth rate of 3.9%, down from 7.5% in 2008. more
Related Tags: t-mobile, analytics, smartphone, arpu, t-mobile-usa, ict, itu, smartphones, metropcs, leap-wireless, lte, strategy-analytics, verizon-wireless, mobile-broadband, us-cellular, USA
Acquisitions Boosting US Companies' Growth Rates
The acquisitions of Dobson, Rural and Suncom have served to boost the number of net additions over the past twelve months at AT&T, Verizon and T-Mobile respectively. AT&T already has Centennial in its sights for 2009, while VerizonÃ's acquisition of alltel is set for closure imminently. As yet, T- Mobile has announced no riposte and in fact, it is difficult to see that there is a meaningful acquisition it could make, unless it wants to enter the murky world of CDMA which it has shown no inclination to do so far. more
Related Tags: t-mobile, rural, metropcs, leap-wireless, wind, mts, cdma, USA
U.S. Telecom and Cable Credit Profiles to Weaken in 2009
Debt ratings agency, Fitch has issued a report where it says it believes that growing event risk associated with economic, competitive and regulatory pressures will weaken the credit profile of most operators within the U.S. telecommunications and cable sector in 2009. Growing unemployment, continuing home foreclosures, the acceleration of cord-cutting, evolution of wireless smart-phone-based data services, and a changing regulatory environment with a new Federal Communications Commission (FCC) make-up and key regulatory programs up for reform represent some of the challenges to the industry in 2009. more
Related Tags: roaming, arpu, rsa, verizon-wireless, compete, fcc, verizon-communications, satellite, 3, level-3, embarq, federal-communications-commission, fitch, centurytel, centennial-communications, USA
Consumer Reports: Cell Phone Service Improves
US cellphone service has become significantly better, judging by the results of Consumer Reports' annual survey in which 60 percent of readers were completely or very satisfied with their service. Cellular satisfaction had previously been among the worst services Consumer Reports rates -- now it is closer to the average. more
Related Tags: t-mobile, sprint, USA