Clearwire posted a first quarter loss that was nearly double its year-ago loss because of increasing network buildout costs. The $176.4 million loss is close to twice last year's $92.6 million figure. Clearwire's total revenue rose 76 percent to $51.5 million, up from $29.3 million last year.
Subscribers: Clearwire added 48,000 net new subscribers during the quarter. The carrier ended the quarter with about 443,000 total subscribers.
ARPU: Clearwire reported a slight increase in average revenue per user (ARPU): $36.86, up from $35.80 last year. The carrier pointed to increased sales of VoIP and PC cards as well as an improvement in international sales as reasons for the ARPU uptick.
Churn: Clearwire posted domestic churn of 2 percent for the first quarter of the year and 2.2 percent consolidated churn, which includes its international markets.
For more:
- read this Clearwire's Q1 press release [1]
Links:
[1] http://www.fiercewireless.com/press-releases/clearwire-clears-400-000-subscriber-mark