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Technology Stocks : The New Qualcomm - a S&P500 company
QCOM 170.90-1.3%Nov 7 9:30 AM EST
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To: JGoren who wrote (2686)10/26/1999 9:03:00 AM
From: quidditch  Read Replies (1) of 13582
 
T's wireless ARPU increasing, from Reuters earnings release:

But note the caveat, "adjusted to exclude various purchases and sales...", whatever that means.

AT&T, the largest U.S. wireless phone company, said its quarterly subscriber additions totaled 269,000, down 17.4 percent from a year ago, due to a shortage of wireless telephone handsets and a slowdown in marketing efforts.

AT&T's wireless rival Sprint PCS added 720,000 new customers in its third quarter, nearly three times the amount of subscribers AT&T added.

AT&T's wireless revenues, adjusted to exclude various purchases and sales, still jumped 40.9 percent to $1.9 billion as it continued to focus on high-spending customers. Average revenue per unit increased nearly 15 percent to $67.90 a month.
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