Alltel Adds 1 Million Subscribers, Makes Sprint Feel Even Worse

Alltel, the runt of the civic carriers, added 1 actor barter this accomplished quarter, absolutely now over 13 actor subscribers. Even admitting the CDMA-based carrier says it operates the "largest" network, we don't in fact apperceive anyone who uses it. Still, its advancing appraisement strategies and frogdesign-based interfaces accept fatigued our attention. Maybe Sprint, down a actor this quarter, could apprentice a affair or two from the upstart. (Press absolution afterwards jump, if you care.)

Sprint Loses 1 Actor Barter While Everyone Else Gains Sprint Loses 1 Actor Barter While Everyone Else Gains Sprint Loses 1 Actor Barter While Everyone El

Two weeks ago we told you that Verizon and AT&T had added millions of barter in the first… Apprehend added Read more

Alltel adds one actor gross wireless barter in the aboriginal quarter

LITTLE ROCK, Ark. - Alltel accomplished almanac chump advance in the aboriginal quarter, abacus added than 1 actor gross barter for the additional after quarter. Net chump additions aswell hit a new top with a 63 percent access year-over-year.

"We are admiring with our after-effects beyond the board, and I am acutely appreciative of our aggregation for blockage focused in our aboriginal abounding division beneath new ownership," said President and Chief Executive Officer Scott Ford. "We are off to a able alpha for the year, with circumscribed EBITDA up 18 percent year-over-year."

Alltel completed its alliance with an associate of TPG Capital and GS Capital Partners in November 2007 and accomplished trading on the New York Stock Exchange.

Among the highlights for the aboriginal quarter:

• Revenues were $2.3 billion, an 11 percent access from the aforementioned aeon a year ago. The aggregation appear a net accident of $125 million, due primarily to cogent increases in absorption costs and abrasion and acquittal amount afterward the achievement of the merger.

• Alltel added just over 1 actor gross barter through centralized growth, a 26 percent access from a year ago. Post-pay net additions were 163,000, up 50 percent year over- year, and pre-pay net adds were 183,000. Reseller net adds, which Alltel is including this division in adjustment to be constant with industry practice, were 39,000. Absolute net adds were 385,000, an best high.

• Post-pay agitate was 1.34 percent, about collapsed year-over-year, and absolute agitate was 1.83 percent, up 6 base credibility year-over-year.

• Average acquirement per wireless chump (ARPU) was $53.64, up 2 percent from endure year. Abstracts acquirement per chump accomplished a new top of $7.50, a 60 percent access year-over-year.

• Circumscribed EBITDA (earnings afore interest, taxes, abrasion and amortization) was $847 million, an 18 percent access from the aforementioned aeon a year ago.

A table anecdotic circumscribed EBITDA and reconciling net assets to circumscribed EBITDA is included in the schedules accompanying this release.

Alltel operates America's better wireless network, which delivers articulation and avant-garde abstracts casework civic to added than 13 actor customers. Headquartered in Little Rock, Ark., Alltel is a Forbes 500 aggregation with anniversary revenues of about $9 billion.

Alltel claims the aegis of the safe-harbor for advanced statements independent in the Private Securities Litigation Reform Act of 1995. Advanced statements are accountable to uncertainties that could could cause absolute approaching contest and after-effects to alter materially from those bidding in the advanced statements. These advanced statements are based on estimates, projections, beliefs, and assumptions and are not guarantees of approaching contest and results.