Droid Does Help Verizon Add 1.4 Million New Subscribers in Q2
Verizon posted up a hefty increase in new subscriber’s for the second quarter, adding 1.4 million to the nation’s largest 3G network. Of those 1.4 million, 665,000 signed up for long-term contracts. Of those, only 0.94 percent ended service with the carrier. Compare this to AT&T’s 496,000 new contract customers and we once again have fuel to add to the raging Droid vs. iPhone debate, which almost immediately comes as an extension of any Verizon vs. AT&T comparison.
While Verizon’s current hot handset, the Motorola Droid X, missed the second quarter by a few weeks, higher than expected sales of the HTC Droid Incredible that have led to continually pushed back ship dates for new units no doubt had a huge impact on new subscriber numbers. Apple’s iPhone 4 saw a release just within the last week of the quarter, and though AT&T has sold over 3.2 million handsets to date, a large portion of those purchasing the new smartphone were current subscriber’s upgrading from older versions of Steve Jobs’ wonder-phone.
Verizon now sits at 92.1 million customers, and revenues up 3.4 percent from the same period last year. Revenue from data usage bolstered by a large selection of Android phones is up 23.8 percent.
[via IntoMobile]