Verizon Q2 results July 29, 2008
Posted by chetan in : US Wireless Market , trackback
Verizon didn’t have the iPhone but that didn’t stop them for posting some terrific numbers - $2.6B in data revenues, 24.4% of the revenues coming from data, 1.5M net adds, 60%+ 3G subs - all pretty impressive.
Comments»
I think the revenue gain from data could be misleading for Verizon as well as other carriers who are reporting results. Total ARPU for Verizon is Q2′07 was $51.05 and Q2′08 is only $51.53. Is it possible that the carriers are allocating a higher percentage of data revenue share to plans that are unlimited (unlimited voice, text and data). If carriers start offering ONLY bundled plans (voice/text/data), what portion of ARPU would you allocate to data? What I would like to know is the “data and SMS usage” and what are the trends? I am excited about the data revenues as everybody else but wondering if it is painting a true picture or not.
Excellent point. It does get fuzzy when you have unlimited bundles. And it is likely to skew things in the future. Currently, 10% or so consumers are on unlimited data plan, unlimited data + voice much less, so the overall bias is small but it will be interesting to find out the internal allocation. The unlimited packages are generally being bought by smartphone users who have almost twice the ARPU.