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Sprint report - 750,000 PowerVision users

 
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xenophon
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Joined: 30 Aug 2005
Posts: 2003

PostPosted: Fri Jun 23, 2006 10:25 am    Post subject: Sprint report - 750,000 PowerVision users Reply with quote

Dated April 26...

http://seekingalpha.com/article/9596

- 750,000 PowerVision users in Q1, likely many more now with new EVDO phones released, especially Treo 700p. I assume that includes Mobile Broadband laptop accounts as well.

- 55,000 wireless cell sites (28K are iDen so 27K must be CDMA)

- 48.9 million total customers, will be 51m+ after acquiring Nextel Partners and others

- $800m+ in data revenues (Verizon did $850m+)



Quote:
PowerVision, which uses our EVDO network, saw a very strong growth in subscribers. We reached nearly 750,000 subscribers at the end of the first quarter. This is a threefold increase from the roughly 250,000 subscribers at the end of the fourth quarter. EVDO aircard sales have ramped much faster than expected. These aircards have very strong data ARPU associated with them and very low churn.

PowerVision aircard sales accelerated in both the business and consumer channels. We continue to expect very robust aircard sales and multimedia handsets driven by the customer’s demands for higher wireless data speed as well as the aggressive expansion of the US’s largest broadband wireless network.

Our current broadband network reaches a 151 million pops and we expect it to cover 190 million pops by year end 2006 and 220 million by the third quarter of next year. This will secure our leadership in this area while preparing for the deployment of the EVDO revA and support our plans to launch high performance CDMA walkie-talkie services.

From a financial perspective, wireless data is growing extremely quickly and is contributing to top line and bottom line growth. In the first quarter, wireless data revenue was over $800 million, an increase of 77% compared to the first quarter of 2005 and up 21% sequentially. Annualized wireless data revenue is $3.2 billion
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xenophon
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Joined: 30 Aug 2005
Posts: 2003

PostPosted: Fri Jun 23, 2006 11:24 am    Post subject: Reply with quote

BTW, I found the equivalent of Verizon report. It shows 1.2 million hard-wired broadband customers added but doesn't show wireless broadband (EVDO) numbers.

Says 53m wireless customers at end of Q1. No info on cellsites but other sites show about 23-24K.

http://seekingalpha.com/article/9914
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