telecommunications — english language news service
16.05.2008« [telecommunications — телекоммуникация — telekommunikation]
usa — alltel subscriber additions up 63%
Alltel, the US’s fifth largest wireless network operator by subscribers, has reported total net additions of 385,000 for the first quarter of 2008. Post-paid net additions were 163,000, up 50% year-on-year, and pre-paid net additions totaled 183,000. Reseller net additions, which are included in the figures, were 39,000. This peak of net new subscribers is a 63% increase over the same period a year ago. Churn was 1.83%, with post-paid churn lower at 1.34%. Monthly average revenue per user (ARPU) was USD53.64, up 2% on 2007 figures. Data revenue per customer increased by 60% year-on-year to USD7.50 a month.
Revenues for the first quarter of 2008 were USD2.3 billion, an 11% increase from the same period a year ago. Consolidated EBITDA was USD847 million, up 18% year-on-year. The company reported a net loss of USD125 million, due in the main to the costs associated with the completion of its merger with an affiliate of TPG Capital and GS Capital Partners in November 2007.
Source: TeleGeography's CommsUpdate
alltel
ALLTEL is a leading wireless telecommunications network operator. Operating as Alltel Wireless, the company has more than 11 million customers and its network covers most of the US. The company in 2006 acquired Valor Communications Group and added its wireline operations to it, creating Windstream Corporation. The new wireline phone company is headquartered in Little Rock and trades on the New York Stock Exchange. The spin-off has turned ALLTEL into a wireless-only provider, with an eye toward expanding its wireless operations through acquisitions. TPG Capital and Goldman Sachs unit GS Capital Partners acquired ALLTEL in 2007 for about $27.5 billion.
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