U.S. Cellular's net income down but ARPU up

U.S. Cellular posted a solid first quarter with service and data revenues increasing 12 percent and 49 percent year-on-year, respectively, however, net income dropped to $70.6 million, down from $74.4 million a year ago. Service revenues reached $962.1 million, while data revenues climbed to $115.7 million. U.S. Cellular's operating income increased by 9.6 percent to hit $119 million, while average revenue per user (ARPU) also jumped 6.9 percent to $52.06. The carrier reported retail postpaid churn of 1.4 percent, and noted that postpaid customers make up 95 percent of its retail customers.

For more:
- read this U.S. Cellular Q1 2008 release 

Suggested Articles

Top in-flight connectivity trends that are fueling the business aviation market in 2020

Microsoft announced the preview of Azure Private Edge Zones, which are private 5G/LTE networks combined with Azure Stack Edge on-premises.

Phase 1 would make up to $8 billion available for rural 5G deployments over 10 years.