SBC's wireless subscriber growth?
SBC reported YOY instead of QOQ subscriber growth, so I tried the math myself. Based on 1.24M added through acquisition and about another 1M(need help with exact figure) from the previous 3 Q's, I come up with negative subscriber growth. At a minimum, SBC is hiding their 3Q number by not reporting it. The following is a cut from their earnings report at SBC.COM(sorry, didn't paste URL).
Wireless: Total wireless subscriber revenues increased 25.0 percent, driven by the strength of existing operations and by the third-quarter acquisition of Cellular Communications of Puerto Rico, which added 375,000 subscribers. Also during the third quarter of 1999, SBC completed its acquisition of Comcast Cellular Corporation, which provides wireless service in the Philadelphia area, New Jersey and Delaware, adding approximately 862,000 subscribers. SBC's domestic wireless subscribers total 10.3 million, an increase of 24.7 percent over the year-ago quarter, in 119 markets, including nine of the top 10, and in Puerto Rico.
Cooters (Please correct any math or logic errors!!!) |
