Despite a flurry of promotions during the second quarter, the four Tier 1 carriers saw their lowest postpaid churn rates on average, according to analysts at Wells Fargo. That led to a sharp jump in net subscriber additions compared to the second quarter.
Service revenues in the U.S. wireless industry declined 1 percent year-over-year in the second quarter, according to a report from industry analyst Chetan Sharma, following a decline in the first quarter, which has been the first decline in the history of the industry. However, Sharma points to signs of stabilization in the market as promotions faded.
Now that the second-quarter earnings season is over, what conclusions can we draw about how wireless carriers performed?Thanks to a partnership between Jackdaw Research analyst Jan Dawson and FierceWireless, we're publishing slides Dawson produced on the quarter exclusively for a short time. Special report
Sprint lost its spot as the No. 3 carrier in the U.S. market to T-Mobile US in terms of total subscribers during the second quarter. However, Sprint also noted it is continuing to make progress on its turnaround and said it added postpaid phone customers in May and June and recorded its best-ever Sprint platform postpaid churn.
U.S. Cellular continued its momentum of positive, if modest, subscriber growth in the second quarter, building on a strong end of 2014. The carrier is also on the cusp of implementing its first LTE roaming agreement.
T-Mobile US said it now expects to add 3.4 million to 3.9 branded postpaid net customers in 2015, up from the company's previous guidance of between 3 million and 3.5 million, which it issued in April.
The number of tablets with mobile data subscriptions will basically double over the next years to more than 200 million, according to a new report from research firm Strategy Analytics. The forecast comes as many U.S. carriers continue to rely on tablet subscriptions for growth, with a long runway of tablet subscriber additions potentially ahead of them.
Regional operator and Sprint wholesale partner nTelos Wireless said it is ahead of schedule in deploying LTE across its footprint. The carrier also reported stronger year-over-year subscriber growth in the second quarter.
AT&T Mobility added fewer postpaid customers in the second quarter than analysts were expecting and many fewer than it gained in the year-ago period. AT&T notched 410,000 postpaid subscribers in the quarter and the company relied heavily on connected cars and prepaid customers for subscriber growth in the second quarter.
Verizon Wireless edged out T-Mobile US in terms of postpaid subscriber additions in the second quarter, but relied far more heavily on adding tablet customers to do so. Despite losing feature phone and prepaid customers in the period, Verizon said it remains happy with its mix of customers.