1. HeyCori's Avatar
    Feel free to add more Q1 results.

    AT&T


    AT&T Q1 2013 earnings: $3.7 billion income on revenue of $31.4 billion

    AT&T just posted its earnings for the first quarter of 2013, and the market couldn't help but ding the company, which is now trading down in after hours markets. The business as a whole posted a net income of $3.7 billion, which is slightly up from $3.6 billion one year ago. Meanwhile, company revenues took a slight hit, which sit at $31.4 billion -- down 1.4 percent from the previous year.
    Last edited by HeyCori; 04-25-2013 at 09:41 AM.
    Laura Knotek likes this.
    04-25-2013 09:30 AM
  2. HeyCori's Avatar
    Verizon

    Verizon added 677,000 subscribers, made a $1.95 billion profit in Q1 2013 (updated)

    Big V turned a profit of $1.95 billion whilst adding 677,000 new subscribers to its wireless service -- giving it a total customer base of 98.9 million users. In the quarter, Verizon activated 7.2 million smartphones, of which 5.9 million were LTE-ready devices. It added that 28 percent of those activations were customers who had defected from other carriers.
    Laura Knotek likes this.
    04-25-2013 09:35 AM
  3. HeyCori's Avatar
    MetroPCS

    MetroPCS reveals Q1 earnings, will make T-Mobile merger official April 30th

    Overall, MetroPCS reported a net income of $19.4 million for the first quarter, which is down from $21 million just one year ago.
    Laura Knotek likes this.
    04-25-2013 09:36 AM
  4. HeyCori's Avatar
    Sprint

    Sprint reports net loss of $643 million in Q1 2013 | Android Central

    Sprint reported their first quarter financial results for 2013 today, which included $7.1 billion in revenue - that's 9% up from Q1 last year, and their new all-time high. Sprint boasted that this quarter they've enjoyed the fastest year-over-year increase in operating income in more than six years: $29 million, which is up 25% from the same figure in 2012. After all was told though, Sprint still reported a net loss of $643 million, which isn't quite as bad as the $863 million loss last year, and definitely the $1.3 billion loss last quarter.
    Laura Knotek likes this.
    04-25-2013 09:37 AM
  5. Laura Knotek's Avatar
    Sprint

    Sprint reports net loss of $643 million in Q1 2013 | Android Central

    Sprint reported their first quarter financial results for 2013 today, which included $7.1 billion in revenue - that's 9% up from Q1 last year, and their new all-time high. Sprint boasted that this quarter they've enjoyed the fastest year-over-year increase in operating income in more than six years: $29 million, which is up 25% from the same figure in 2012. After all was told though, Sprint still reported a net loss of $643 million, which isn't quite as bad as the $863 million loss last year, and definitely the $1.3 billion loss last quarter.
    What wasn't mentioned here is the fact that a lot of Sprint's losses this quarter (and expected losses next quarter) has to do with the fact that it's killing off Nextel. From Reuters: "While Sprint, the No. 3 U.S. mobile service provider, recorded higher-than-expected revenue, it said the Nextel network shutdown was also stunting growth in its remaining network because large business customers were leaving.

    Sprint added 12,000 customers to its network, compared with the average estimate of almost 198,000 from five analysts contacted by Reuters. Their expectations ranged from 110,000 to 275,000 net additions.

    The company's top priority was to convince Nextel customers to move to the Sprint network ahead of the final shutdown at the end of this quarter. Some Nextel business clients also canceled subscriptions to Sprint's remaining network, Chief Executive Officer Dan Hesse told analysts on a conference call."

    It looks like other carriers are trying to go after the Nextel customers. I heard an ad for PTT business service from AT&T on the radio yesterday.
    04-25-2013 09:49 AM
  6. HeyCori's Avatar
    As much as I want to like Dan Hesse, I just can't see the man's vision anymore. That's assuming he's even calling the shots amongst all the buyout talks. Sprint doesn't seem to have a plan in place to retain customers or increase customer loyalty. And losing long time businesses customers is unacceptable. They've botched their LTE roll out and the banked so much on having the iPhone that their selection of other phones have suffered. While I do love rooting for the little guys, it seems like all they do is make mistake after mistake.
    Laura Knotek likes this.
    04-25-2013 12:06 PM
  7. Laura Knotek's Avatar
    As much as I want to like Dan Hesse, I just can't see the man's vision anymore. That's assuming he's even calling the shots amongst all the buyout talks. Sprint doesn't seem to have a plan in place to retain customers or increase customer loyalty. And losing long time businesses customers is unacceptable. They've botched their LTE roll out and the banked so much on having the iPhone that their selection of other phones have suffered. While I do love rooting for the little guys, it seems like all they do is make mistake after mistake.
    It was definitely a mistake for Sprint to experiment with WiMax, when all the other carriers were implementing LTE.
    04-25-2013 03:14 PM
  8. mrmdj31675's Avatar
    If you compared how many markets AT&T launched on the first year of LTE deployment, Sprint has not "botched" the LTE deployment. Also, have in mind there was a hurricane Sandy which has created problems for all carriers in the affected areas, delays in state/local level permit issuance (like the 16 month delay that happened in Puerto Rico thanks to two former Claro employees which are serving as members of the Telecommunications Ruling Board of Puerto Rico, which almost caused a Dan Hesse, Sprint's legal team, and Sprint Caribe (the division of Sprint which is in charge of PR/USVI market cluster) to file a very nasty lawsuit against that agency back on March 16, 2012), having to renegotiate tower lease space agreements, and waiting for property owners where towers are located to allow access to do work.

    Also have in mind there are towers located near or where nests of endangered species of birds are breeding, and those cannot be disturbed until the state/federal wildlife agencies clear Sprint (or any carrier) to do upgrade work.
    04-25-2013 03:18 PM
  9. Laura Knotek's Avatar
    If you compared how many markets AT&T launched on the first year of LTE deployment, Sprint has not "botched" the LTE deployment. Also, have in mind there was a hurricane Sandy which has created problems for all carriers in the affected areas, delays in state/local level permit issuance (like the 16 month delay that happened in Puerto Rico thanks to two former Claro employees which are serving as members of the Telecommunications Ruling Board of Puerto Rico, which almost caused a Dan Hesse, Sprint's legal team, and Sprint Caribe (the division of Sprint which is in charge of PR/USVI market cluster) to file a very nasty lawsuit against that agency back on March 16, 2012), having to renegotiate tower lease space agreements, and waiting for property owners where towers are located to allow access to do work.

    Also have in mind there are towers located near or where nests of endangered species of birds are breeding, and those cannot be disturbed until the state/federal wildlife agencies clear Sprint (or any carrier) to do upgrade work.
    What was botched was launching WiMax instead of LTE. Sprint could have as many LTE markets as AT&T had they gone with LTE from the get-go, instead of trying WiMax.
    HeyCori likes this.
    04-25-2013 03:21 PM
  10. HeyCori's Avatar
    Took you long enough, T-Mobile!

    T-Mobile

    T-Mobile USA Q1 2013 revenue drops 5 percent for second consecutive quarter to $4.7 billion

    T-Mobile USA has been making a big push for pre-paid customers since it launched its Uncarrier plans in March, and it seems to be working -- unfortunately, at the expense of more lucrative post-paid clients. While pre-paid revenue bumped to $503 million over $474 million last quarter, post-paid revenue fell to $3.2 billion, a drop of 4.7 percent, and overall revenue dropped by about the same percentage to $4.7 billion from $4.9 billion in Q4 2012. Net income also swooned year-over-year to $107 million from $200 million, but was up over last quarter, when the company took a small net loss.

    On the bright side, the company did pick up 579,000 customers in total, and claimed its lowest client turnover rate, 1.9 percent, since way back in 2008. Another silver lining has been the addition of the iPhone, as the company has already pushed around 500,000 of the 4, 4S and 5 models out the door since it launched at the Uncarrier event -- perhaps due to the very attractive pricing. Of course, with MetroPCS soon joining forces with T-Mo thanks to the recent merger, all that might change -- once we see how the powers-that-be decide to divvy up the two carriers.
    05-08-2013 05:39 AM
  11. mrmdj31675's Avatar
    That was on Clearwire which should had been taken over in a "hostile" way two years ago, either by cutting funding and buying their spectrum cheap, or suing them for breach of contract.
    05-12-2013 05:12 PM

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