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Verizon gains mostly through resellers

Verizon Wireless announced its quarterly results yesterday, and much like AT&T they added more prepaid customers than postpaid. Their overall net adds totaled 1.5 million, about 400,000 fewer than AT&T, but only 423,000 of them were postpaid users. Verizon had another quirk in their results: only 288,000 subscribers came directly through the carrier. The rest of the 1.5 million came from resellers like Page Plus and Straight Talk. This brings Verizon’s indirect connections total to 5 million.

One Response

  1. mike freeman Says

    Verizon dropped the boom on their mvonos because of last quarter. Their resellers gained over a million while the Verizon prepaid division lost nearly 150,000.

    Pretty much a state of cannibalization.

    No wonder Verizon no longe allow their prepaid phones on their mvnos. Page Plus was the worst offender.

    Unless Verizon prepaid directly offers better deals, their poor performance will continue with their mvnos getting all the accolades…and customers.

    Posted on April 28th, 2010 at 3:47 am

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