Q » Topics » Mass Markets Revenue

These excerpts taken from the Q 10-K filed Feb 13, 2009.

Mass Markets Revenue

        We believe continued competitive pressures, wireless substitution and declining general economic conditions negatively impacted our mass markets segment revenue in 2008. The increase in data, Internet and video services revenue did not fully offset the decrease in voice services revenue for the year ended December 31, 2008.

        Data, Internet and video services revenue in our mass markets segment increased primarily due to an increase in broadband subscribers and, to a lesser extent, an increase in video subscribers as of December 31, 2008 compared to December 31, 2007. The growth in broadband services revenue resulted from continuing increases in penetration and, to a lesser extent, increased rates as customers upgraded to higher speed services.

        Voice services revenue in our mass markets segment decreased primarily due to lower local voice services revenue, which was driven by access line losses resulting from the competitive pressures described in "Business Trends" above. In addition, long-distance voice services revenue decreased due to lower volumes and rates.

        Wireless services revenue in our mass markets segment decreased primarily due to fewer wireless subscribers as we transition to selling Verizon Wireless services. Under our wireless service arrangement with Verizon Wireless, we recognize revenue from these services on a net basis as described in "Business Trends" above and we record this revenue in voice services revenue. In addition, lower average rates contributed to the decrease in wireless services revenue for the year ended December 31, 2008. This revenue was entirely generated under our pre-existing wireless services arrangement with a different provider. We currently anticipate that this arrangement will end in 2009.

Mass Markets Revenue

        Data, Internet and video services revenue in our mass markets segment increased primarily due to the increase in broadband subscribers and, to a lesser extent, the increase in video subscribers. The growth in broadband services revenue resulted from continuing increases in penetration as customers migrated from dial-up Internet connections, as well as customers upgrading to higher speed Internet connections.

        Voice services revenue in our mass markets segment decreased primarily due to lower local voice services revenue, which was driven by access line losses resulting from the competitive pressures described in "Business Trends" above.

This excerpt taken from the Q 10-Q filed Oct 29, 2008.

Mass Markets Revenue

In addition to the specific items discussed below, we believe declining economic conditions negatively impacted our mass markets segment revenue for the three and nine months ended September 30, 2008.

Voice services revenue in our mass markets segment decreased primarily due to lower local voice services revenue as a result of lower volumes driven by access line losses resulting from the competitive pressures described in “Business Trends” above. In addition, long-distance voice services revenue decreased due to lower volumes and rates.

Data, Internet and video services revenue in our mass markets segment increased primarily due to an 11% increase in broadband subscribers and, to a lesser extent, a 30% increase in satellite video subscribers as of September 30, 2008 compared to September 30, 2007. The growth in broadband services revenue resulted from continuing increases in penetration and, to a lesser extent, increased rates as customers upgraded to higher speed services. The increase in data, Internet and video services revenue did not offset the decrease in voice services revenue for the three and nine months ended September 30, 2008 compared to the same periods in 2007.

Wireless services revenue in our mass markets segment decreased primarily due to lower handset revenue resulting from fewer handsets sold in 2008 as we transition to our new wireless service provider and adjustments to wireless services revenue for customer acquisitions in 2007. In addition, lower average rates contributed to the decrease in wireless services revenue for the nine months ended September 30, 2008. This revenue is entirely generated under our expiring arrangement, which will end in 2009.

Under our new service arrangement, we recognize revenue from services provided on a net basis as described in “Business Trends” above. We record revenue from our new arrangement in voice services revenue.

This excerpt taken from the Q 10-Q filed Aug 6, 2008.

Mass Markets Revenue

In addition to the specific items discussed below, we believe declining economic conditions negatively impacted our mass markets segment revenue in the first half of 2008.

Voice services revenue in our mass markets segment decreased primarily due to lower local voice services revenue as a result of lower volumes driven by access line losses resulting from the competitive pressures described in “Business Trends” above. Lower rates also contributed to the decrease, but to a lesser extent. In addition, long-distance voice services revenue decreased due to lower volumes and rates.

Data, Internet and video services revenue in our mass markets segment increased primarily due to a 14% increase in broadband subscribers and, to a lesser extent, a 35% increase in satellite video subscribers as of June 30, 2008 compared to June 30, 2007. The growth in broadband services revenue resulted from continuing increases in penetration and, to a lesser extent, increased rates as customers upgraded to higher speed services.

Wireless services revenue in our mass markets segment decreased primarily due to lower average rates and lower handset revenue. This revenue is entirely generated under a service arrangement that will expire in February 2009.

This excerpt taken from the Q 8-K filed May 6, 2008.

Mass Markets Revenue

Voice services revenue in our mass markets segment decreased primarily due to lower local voice services revenue. This decrease was driven by access line losses resulting from the competitive pressures described in “Business Trends” above as customers disconnected primary and additional lines, and, to a lesser extent, discounts on our product bundles offered to our mass markets customers. This decrease was partially offset by an increase in long-distance services revenue due to growth in volumes and higher average revenue per user as more customers migrated to our fixed fee based offerings. The increased volumes were primarily driven by growth of 142,000, or 3%, in the number of long-distance subscribers.

 

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Data, Internet and video services revenue in our mass markets segment increased primarily due to a 44% increase in broadband subscribers and, to a lesser extent, an increase in satellite video subscribers. The growth in broadband services revenue resulted from increased penetration and expanded service availability as customers migrated from dial-up Internet connections to higher speed Internet connections.

Wireless services revenue in our mass markets segment increased due to 4% growth in the number of subscribers and an increase in average rates, which was a result of customers selecting higher priced calling plans.

This excerpt taken from the Q 10-Q filed May 6, 2008.

Mass Markets Revenue

Voice services revenue in our mass markets segment decreased primarily due to lower local voice services revenue as a result of lower volumes and, to a lesser extent, lower rates primarily due to bundle and package discounts. This decrease in local voice services revenue was driven by access line losses resulting from the competitive pressures described in “Business Trends” above as customers disconnected primary and additional lines. We also believe the housing market decline negatively impacted voice services revenue in our mass markets segment during the first quarter of 2008.

Data, Internet and video services revenue in our mass markets segment increased primarily due to a 17% increase in broadband subscribers and, to a lesser extent, an increase in satellite video subscribers. The growth in broadband services revenue resulted from increased penetration as customers migrated from dial-up Internet access connections to higher speed Internet connections and, to a lesser extent, an increase in rates as customers upgraded to higher speed services.

Wireless services revenue in our mass markets segment decreased primarily due to lower average rates as more customers selected fixed rate plans and lower handset sales.

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