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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting

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From: slacker711	1/28/2008 7:33:05 AM
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Verizon's earnings.... biz.yahoo.com Wireless -- 2.0 million total net customer additions, 1.9 million net retail customer additions; 65.7 million total customers, 63.7 million retail (non-wholesale) customers; 6.9 million retail net adds in 2007, the most of any carrier. -- 1.20 percent total churn, 0.94 percent retail post-paid churn -- industry-leading customer loyalty. -- 13.3 percent increase in total revenues; data revenues up 53.0 percent; service ARPU up for quarter and full year; highest-ever data ARPU in the quarter; 43.6 percent EBITDA margin on service revenues (non-GAAP). Wireless Strength Continues for Quarter, Full Year Verizon Wireless continues to be the most profitable domestic wireless company and the largest in terms of retail customers. In the fourth quarter: -- Total customers increased to 65.7 million, up 11.3 percent year-over- year. -- 1.6 million of a total 2.0 million (retail and wholesale) net customer additions were retail post-paid customers. -- Verizon Wireless continued its industry-leading customer loyalty, with 1.20 percent total churn. Churn among retail post-paid customers, 93 percent of all its customers, was under 1.0 percent for the quarter and the full year. -- Total revenues in the quarter were $11.4 billion, up 13.3 percent; service revenues were $9.9 billion, up 13.7 percent, driven by customer growth and demand for data services. Full-year revenues were $43.9 billion, up 15.3 percent. -- ARPU (average monthly revenue per customer) levels increased year- over-year for the seventh consecutive quarter: retail ARPU of $51.49 was up 1.4 percent; retail data ARPU of $11.06 was up 36.0 percent. -- Wireless operating income margin was 26.2 percent. EBITDA margin on service revenues (non-GAAP) was 43.6 percent. (EBITDA is earnings before interest, taxes, depreciation and amortization.)

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