Verizon Wireless added more postpaid subscribers in the third quarter than financial analysts had expected, and the growth was again largely driven by tablet activations, not phones. Just as it did in the second quarter, in the third quarter Verizon relied heavily on tablet activations for the vast majority of its subscriber additions.
Verizon Wireless is expected to post substantial progress in the third quarter with 1.3 million postpaid net customer additions, according to analysts at Credit Suisse. AT&T Mobility, for its part, will report the addition of 800,000 postpaid net customers, the analysts predicted.
AT&T Mobility, Sprint, T-Mobile US and UK operator EE support a new SIM card for Apple's iPad Air 2 and iPad mini 3 that lets customers switch between carriers. Although Verizon Wireless will provide wireless service for Apple's new tablets, it is not listed as a supporter of the new Apple SIM card.
Sprint's "iPhone for Life" leasing program for new iPhones should boost the carrier's EBITDA and is actually more financially beneficial to the company in some respects than more conventional equipment installment programs, according to financial analysts. Meanwhile, Verizon Wireless' recently confirmed changes to its own Edge handset upgrade program should help it close the gap financially and competitively with AT&T Mobility, according to analysts from Jefferies.
Verizon Wireless is tweaking its Edge handset financing program to increase the amount customers must pay off on the cost of their device before they can upgrade to a new device. The carrier is also making changes to its single-line plans, a company spokesman confirmed.
Verizon Wireless is still in love with "Droid." The carrier sent out invitations for a media event Oct. 28, where it is expected to launch a new Droid-branded Android smartphone from Motorola Mobility, rumored to be called the Droid Turbo.
Verizon Wireless and T-Mobile US have been spending capital on wireless network enhancements at a fairly steady clip, while AT&T Mobility and Sprint have hit some snags in their capex spending, though the outlook for next year looks better, according to a report from financial analysts.
Verizon Wireless will launch Sony Mobile Communications' Xperia Z3v smartphone, a variant of the smartphone maker's latest flagship Z3. The deal gives Sony a much-needed boost in a market where T-Mobile US has been its only real consistent carrier partner during the past few years.
Verizon Wireless MVNO Page Plus Cellular, which is owned by TracFone Wireless, has started to offer LTE service, making it the first Verizon MVNO to do so.
Verizon Wireless' push to use dark fiber as its wireless backhaul medium has both positive and negative aspects, according many wholesale service providers serving the wireless industry. Dark fiber allows wireless carriers to maintain complete control over their service experience, meaning if they want to increase capacity they can do it on their own timeline.