Verizon: 9.8 million activations during Q4

Verizon: 9.8 million activations during Q4

Summary: In its latest regulatory filing, Verizon says it will see record activations during the fourth quarter, driven mostly by the iPhone.

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TOPICS: Verizon, iPhone
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Screen Shot 2013-01-09 at 08.24.31
Verizon CEO Lowell McAdam gives keynote at CES 2013. Credit: CNET

Following AT&T's move yesterday to dish out the latest details on the state of its affairs, Verizon was next to share its good news.

Verizon said in an 8-K regulatory filing with the U.S. Securities and Exchange Commission that it has seen 9.8 million smartphone activations during the fourth quarter, with a "higher mix of Apple smartphones." 

The filing also said that the firm expects to see 2.1 million retail post-paid net additions during the fourth quarter, but expected the firm's earnings before interest (EBITDA) to be down on the same quarter a year ago.

Filing its comments with the SEC was a formality after Verizon chief executive Lowell McAdam told attendees at CES 2013 this week that his company's fourth quarter was its best ever.

On Tuesday, AT&T said it had activated more than 10 million smartphones during the fourth quarter, an increase from 9.4 million on the same quarter in 2011. AT&T, which has a few million customers shy of Verizon's, said the vast increase in numbers was down to the popularity of iPhones and Android devices.

Topics: Verizon, iPhone

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  • Verizon: 9.8 million activations during Q4

    "with a "higher mix of Apple smartphones." "

    Maybe if Verizon got some smart phones that were high end and people actually want they wouldn't have to depend on the iPhone so much. In the long run that is going to hurt them.
    Loverock-Davidson
  • This is SO insane!!!

    Why do people GIVE their money away to these giants!
    I don't pay a cell phone bill anymore as I have earned FREE on the new national wireless carrier Lightyear Wireless!
    Go to www.rtkmarketing.info to find out how you can too!
    I keep an extra $165 in my pocket every month!
    HBCASurfer
  • @Zack

    We all get it, you "HATE" Microsoft, but don't try to change something already happened with your personal biases.
    Zack: AT&T, which has a few million customers shy of Verizon's, said the vast increase in numbers was down to the popularity of iPhones and Android devices.

    Actual Quote:"During the quarter, we averaged more than 110,000 smartphone sales a day as customers flocked to our leading portfolio of the latest Android, Apple and Windows devices. Combine that with the nation's largest 4G network and lightning-fast LTE network that now reaches more than 170 million people and you'll understand why customers continue to choose AT&T in record numbers," he said.
    Courtesy: http://www.businesswire.com/news/home/20130108005930/en/ATT-Announces-Record-Smartphone-Sales-Fourth-Quarter
    Ram U
    • Also

      people jumping for Verizon to AT&T for iPhone or Android is not going to happen generally. I see the other way always. People would jump to AT&T from Verizon because of availability of Lumia 920. That's where the extra 6 million + of more activations come from and that's what Wall Street looks at. You should've read between lines since you work in Larry's team.
      Ram U
      • I mean

        That's where the extra 6 million + of more activations come from and that's what Wall Street looks at.

        As

        That's where the extra 6 million+ of more activations for AT&T network over Verizon could have come from potentially and that's what Wall Street looks at and interprets.
        Ram U
  • did it hurt that much?

    you are just one idiot.
    Ram U
  • I think iPhones and Androids are also junk

    made by the slaves in china.
    Ram U
  • Where does it say "driven mostly by iphone"

    All it says here is that there is a higher mix of iPhones than in the past, not that iPhones are leading in activations.
    If the actual numbers support your assertion that activations are/will be greater for iPhones than for all other phones, you have failed to report it.
    If not, you either failed to understand what you read, or are being deliberately misleading (i.e. lying) for some reason, like clickbait, maybe?
    Let's get a little integrity, shall we?
    radleym
    • driven mostly by iPhone

      ((( "All it says here is that there is a higher mix of iPhones than in the past, not that iPhones are leading in activations." )))

      Last year, the iPhone accounted for 55% of Verizon's smartphone sales, so if the mix of iPhones is even higher now, that of course means that the iPhone is leading in activations with a sizable majority of sales.
      buddhistMonkey