Bernstein Research estimated that there were 909,000 postpaid net...
Bernstein Research estimated that there were 909,000 postpaid net additions for Verizon Q3 and just more than 1 million total net additions. The research firm estimated that AT&T will add almost 1.35 million postpaid wireless subscribers because of the…
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iPhone and nearly 1.5 million total subscribers. It’s “entirely conceivable” that the iPhone will turn out to have accounted for more than 100 percent of the U.S. industry’s postpaid subscriber growth in the quarter, Bernstein said. Verizon’s relative success rests heavily on continued weakness at Sprint and T-Mobile, it said. Verizon continued to push BlackBerry devices assertively Q3, with a combination of buy-one-get-one offers and handsets priced at $50, Bernstein said. Consumer access- line losses should “persist at painfully familiar rates,” it said, projecting that AT&T will shed 944,000 lines and Verizon 639,000. Net additions for AT&T’s U-verse and Verizon’s FiOS should be relative bright spots, it said. AT&T isn’t as far along the trend in access-line losses as Verizon, so its cost structure is more flexible than its competitors, Bernstein said. Over time, however, AT&T margins in wireline will be under severe strain, it said. Verizon may have provided a clue about the state of its presumed efforts to land a CDMA version of the iPhone for its network when it recently started airing “iDon’t” ads bashing the device, Bernstein said.