Verizon adds 1.1 million net new postpaid subcribers in Q2; tablets lead the way
posted by Alan F. / Jul 21, 2015, 5:14 PM
For the second quarter, Verizon added 588,000 new smartphone accounts, but lost 266,000 feature phone users as many moved over to an intelligent handset. Verizon's churn hit a three year low at just .90% for the quarter despite T-Mobile's focus on stealing customers away from Verizon. The low churn could be attributable in part to the strong tablets add since these accounts tend to stay in one place.
49% of the new smartphones activated in the period were purchased using Verizon Edge, the carrier's equipment installment plan. That is up from the 39% of new smartphone activations that opted for the plan last year. Since Verizon books 95% of the value of the purchased phone at the time it is bought, equipment revenue rose 63% year-over-year. Service revenue declined 2.2% due to the lower rates charged to Verizon Edge members.
source: Nasdaq, CNBC
Posts: 2314; Member since: Apr 12, 2012
Do you still have to prescribe to get visual voice mail? I like to try you mail. Verizon always seem little greedy to me. So is AT&T which I currently have.
posted on Jul 21, 2015, 5:56 PM 0
Posts: 1456; Member since: Oct 27, 2011
With my Nexus 6 I get visual voicemail at no charge but I do see other Verizon Androids that have to subscribe. That's one good thing about iPhone, it's free on my 6 plus. Verizon still pushes VZ Navigator even though you can get Maps for free. They are greedy.
posted on Jul 21, 2015, 7:12 PM 1
Verizon is such a rip-off! Why would anyone sign up for this stupid company?
posted on Jul 21, 2015, 8:04 PM 2
Posts: 300; Member since: Jun 26, 2015
So that their posts don't appear three times? ;-) Verizon and AT&T are about coverage. If coverage is important to you it's worth the extra money (and more). If it's not important to you then you pay less and get T-Mobile or Sprint.
posted on Jul 21, 2015, 8:24 PM 3
Posts: 158; Member since: Feb 17, 2014
I currently have verizon and I hate it. I was much happier with AT&T but when selling to customers, I do tell them that Verizon is better also cheaper. I don't know why people keep on saying it's expensive.
posted on Jul 21, 2015, 11:01 PM 0
Posts: 2458; Member since: Nov 28, 2009
I was paying for two phones on AT&T's network with unlimited everything (including data) for what I used to pay for ONLY ONE on Verizon's and with a data cap to boot. You are blind, an employee, or up their asses if you say otherwise. Their coverage is only slightly better than AT&T's these days and AT&T will give you a softcap on Go Phone or Cricket. If Verizon ever moves to a softcap from their current rape overage plans, you can come back here and talk. On a side note, their corporate narcissistic culture is just another turn off.
posted on Jul 22, 2015, 10:18 AM 1
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