Alan, an ardent smartphone enthusiast and a veteran writer at PhoneArena since 2009, has witnessed and chronicled the transformative years of mobile technology. Owning iconic phones from the original iPhone to the iPhone 15 Pro Max, he has seen smartphones evolve into a global phenomenon.
, released its first-quarter earnings report for 2024 today. During the first three months of the year, the carrier had a net loss of 158,000 wireless retail postpaid phone subscribers in the consumer sector. Not only did that beat Wall Street's expectations, it was a 105,000 subscriber smaller loss than the 263,000 it reported during the same quarter last year. The improvement was due to a nice increase in gross subscriber additions, and lower churn. Gross adds rose 5.
Consumer wireless pre-paid net subscriber losses amounted to 214,000 during the first-quarter although the number was only 131,000 after excluding SafeLink Wireless,'s first-quarter consumer revenue rose .8% on an annual basis to $25.1 billion. Consumer service revenue was up 3.4% to $16.1 billion. Consumer wireless postpaid average revenue per account is rising thanks to higher pricing and more Fixed Wireless Access business.Business revenue was $7.
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