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Industry: Email Alert RSS FeedPrepaid, resale boost Cingular's record quarter.(Financial report)
RCR Wireless News, January, 2007
Byline: KELLY HILL Cingular Wireless L.L.C.'s last quarter before being absorbed by parent company AT&T Inc. resulted in a company-record 2.4 million net customer additions, up from 1.8 million net adds a year ago and beating analysts' expectations. "Our last quarter as a joint venture under the Cingular name was our best ever on a variety of fronts,'' said Cingular President and CEO Stan Sigman.
The carrier's growth was driven in large part by new prepaid subscribers and those gained from its resellers, numbers that made up nearly 1.5 million of its customer additions during the fourth quarter. Cingular's own prepaid service garnered a record 746,000 customers, and Cingular resellers accounted for another 750,000 subscribers. Cingular ended...
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