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Tuesday, January 30, 2007
Looks like Verizon Wireless did pretty good during the holiday season as it’s user base jump by 2.3 million, a 12.7 percent increase, since the same time in 2005. Further fueling Verizon Wireless’ good numbers was its low churn rate (customer turnover) of 1.14 percent which is an industry low. Wonder how that’ll change in Q3 this year when the iPhone finds its way into AT&T stores. With its total revenues up 16.3 percent from fourth quarter 2005, this makes Verizon the largest wireless company (sorry Steve Jobs, it’s not Cingular like you said at Keynote) in the nation.
Like we said, things should get interesting in June when the most highly anticipated phone finally makes it to market at one of the highest prices to ever reach the market. Will Verizon give away Motorola Q’s in hopes of wooing would be iPhone users or give current subscribers reason to stay with special incentives? As a Verizon Wireless user myself, I’m hoping for something tasty. 