“Our steadfast efforts to drive strong top line growth and contain costs delivered a successful year both financially and operationally while securing our position as one of the fastest growing U.S. telecommunications companies in 2011,” said Erik Prusch, President and CEO of Clearwire. “During the year, we achieved key operational milestones, grew our funding resources, realized operating efficiencies and laid out a long-term vision that we expect will unlock the value of our deep spectrum portfolio through the most capacity-rich LTE deployment in the country.”

Total revenue for full year 2011 increased 134% class over class to $1.25 billion, primarily driven by wholesale revenue which increased 876% to $493.7 million in 2011 from $50.6 million in 2010. Fourth quarter 2011 revenue was $361.9 1000000, a 107% increase over fourth quarter 2010 revenue of $175.2 million. Wholesale revenue in fourth quarter 2011 was a record $164.1 million, a quarter over quarter increase of 20% from $137.2 million in third base quarter 2011. Fourth tail 2011 retail revenue and other gross was $197.8 million, a year over year increase of 33% from $148.9 million in fourth quarter 2010. Wholesale average revenue per user (ARPU) was $6.34 in twenty-five percent quarter 2011, up from $6.20 in third base tail 2011. Fourth tail 2011 retail ARPU was $46.69, up from $45.52 in fourth tail 2010.

Clearwire ended fourth quarter 2011 with approximately 10.4 million total subscribers, up 140% from 4.3 million subscribers in fourth quarter 2010. The subscriber base consists of 1.3 million retail subscribers and 9.1 million wholesale subscribers. During fourth quarter 2011, Clearwire added 873,000 total net new subscribers, reflecting 904,000 net new wholesale subscribers and a net loss of 31,000 retail subscribers during the period. Clearwire’s wholesale subscribers consist primarily of Sprint 3G/4G smartphone customers.

Fourth quarter 2011 aggregate network usage by wholesale customers increased twenty-two compared to third quarter 2011, driven primarily by growth in aggregate smartphone usage, which increased 30% over the same period. Average 4G smartphone usage during the quarter increased half mile year over year in fourth quarter 2011. During full year 2011, total 4G network usage by wholesale and retail customers increased 165% as compared to full year 2010. Retail cost per gross addition (CPGA) was $259 in the fourth tail 2011 compared to $420 in fourth quarter 2010. Retail butter churn was 3.9% in fourth quarter 2011, down from 4.2% in third base quarter 2011.

Adjusted EBITDA in fourth quarter 2011 was $22.5 million, representing a $68.9 million betterment when compared to third quarter 2011 Adjusted EBITDA loss of $46.4 million.

Fourth quarter 2011 reported net deprivation from continuing operations attributable to Clearwire was $236.0 million, or $0.81 per basic share. Including the effects of discontinued operations, fourth quarter 2011 reported net loss attributable to Clearwire was $236.8 million, or $0.81 per basic share.

At the end of fourth tail 2011, Clearwire operated networks in the U.S. covering areas where approximately 134 1000000 citizenry reside, including approximately 132 1000000 people in markets where we provide 4G services.

2012 Outlook

For full year 2012 Clearwire expects total revenue of $1.15 billion to $1.25 one thousand million and Adjusted EBITDA loss of approximately $250 million to $350 million. Capital expenditures in 2012 are expected to total approximately $450 million to $550 million, with most of the spend occurring in the second base half of the year.

“The throttle is pressed to the floor and mobile broadband is rapidly increasing its share of the overall wireless market worldwide,” said Chris Pearson, President of 4G Americas. “The ecosystem supporting 3GPP technologies, including HSPA and LTE, is unparalleled. The only ‘if’ in the current industry progress relates to the essential resource of spectrum — without it growth and development will slow.”

As an exercise, the U.S. is today’s leading marketplace for LTE, a high bandwidth flat architecture technology that delivers the best efficiencies for spectral capacity. It is flexible in that deployments whitethorn occur in spectrum bands as small as 1.4 MHz; however, the topper performance for spectral efficiency will occur in wider bandwidths such as 10 MHz to 20 MHz. Without appropriate spectrum allocations, a network hustler will be limited in their power to deliver optimal spectral efficiency. U.S. subscribers are among the world’s highest users of mobile data, and at the same time the U.S. has one of the lowest per subscriber allocations for spectral resources.

“Latin America has issues and concerns similar to the U.S. regarding spectrum allocation and expeditious auction sale processes,” stated Erasmo Rojas, Director of Latin America and the Caribbean at 4G Americas. “The governments in the region are working to bring out more spectrum in free market-oriented auctions. In order to incentivize the sizable investments required by operators, 4G Americas emphasizes the importance of fair and transparent rules for auctioning as well as the international harmonisation of spectrum bands throughout the Americas region.”

Latin America will have an expected 118 1000000 HSPA subscriptions by the end of 2012 compared to 133 million HSPA and LTE subscriptions in the U.S. and Canada. This will put all the Americas at a milestone of a quarter of a billion 3GPP mobile broadband subscriptions. By the end of 2013, HSPA and LTE subscriptions in Latin America are forecasted to increase to 181 million and exceed the North America forecast of 160 million. There are currently 72 commercial HSPA deployments in 31 countries in Latin America and of those networks, 31 have been upgraded to HSPA+ in 19 countries. In addition, there are 5 commercial LTE networks in Latin America both in FDD and TDD modes, and estimated that there will be 300,000 connections on LTE networks in the region at the end of 2012. Latin America may reach a forecasted 455 million 3GPP mobile broadband connections by the end of 2016 while North America reaches more than 251 million, together approaching three quarters of a billion 3GPP mobile broadband connections.

LTE technologies have skyrocketed in deployments and subscriptions on a worldwide basis. LTE is commercial on 57 networks in 34 countries with more than one C total commercial networks expected by the end of 2012. With 22 million connections forecasted for LTE worldwide by year-end 2012, that number will grow to an estimated 63 million in one class, and expand sevenfold to 156 million at the remainder of 2014, according to Informa’s research.

Pearson added, “LTE is an all-IP packet-based technology with the highest spectral efficiency of any standardized wireless technology, making it an essential tool for operators as mobile broadband becomes ubiquitous and data demand increases exponentially.”

About 4G Americas: Unifying the Americas through Mobile Broadband Technology

4G Americas is an industry trade organization composed of leading telecommunications service providers and manufacturers. The organization’s mission is to promote, facilitate and advocate for the deployment and borrowing of the 3GPP family of technologies throughout the Americas. 4G Americas contributes to the successful commercial rollout of 3GPP mobile broadband technologies across the Americas and their place as the No. 1 technology family in the region. The organization aims to develop the expansive wireless ecosystem of networks, devices, and applications enabled by GSM and its evolution to LTE. 4G Americas is headquartered in Bellevue, Wash., with an office for Latin America and the Caribbean in Dallas. More information is available at www.4gamericas.org.

4G Americas’ Board of Governors members include: Alcatel-Lucent, Amйrica Mуvil, AT&T, Cable & Wireless, CommScope, Ericsson, Gemalto, HP, Huawei, Nokia Siemens Networks, Openwave, Powerwave, Qualcomm, Research In Motion (RIM), Rogers, T-Mobile USA and Telefуnica.

Author, Pawel Kmiec, says, “Strategy Analytics psychoanalysis shows that the average advertised maximum download speed now stands at over 14 Mbps, an increase of over club percent in the past quarter. This rapid growth comes from the recent move to 4G or LTE technology in many countries, including Austria, Australia, Denmark, Estonia, Finland, Germany, Hungary, Japan, Norway, Poland, Sweden, Turkey and the USA.

* The number of plans with maximum download speeding advertised above 21Mbps represents over 20% of the total;

* The number of tariffs in the fastest download range (between 50Mbps and 100Mbps) grew 114%, from 22 to 47 in just 3 months.

Based on the stride of change seen in the past two years of trailing mobile broadband pricing, Strategy Analytics expects the average maximum download speed to exceed 15Mbps by mid-year and 20 Mbps by the oddment of 2012. Average data tolerance will edge upward, toward a norm of at least 8GB.”

The troupe reported total net subscriber additions of 1.6 million during the quarter quarter of 2011 – the best quarterly result in VI years – bringing total ending subscribers to the highest level in the company’s history. Total postpaid net additions of 161,000 for the quarter quarter represent the tenth consecutive quarter of year-over-year improvement and were driven by continued effectiveness of the Sprint platform, which had net postpaid additions of 539,000. This is the one-seventh consecutive quarter of net postpaid subscriber growth on the Sprint platform.

“Our strong fourth quarter performance illustrates the power of matching iconic devices like the iPhone with our simple, unlimited plans and industry-leading customer experience,” said Dan Hesse, Sprint CEO. “During the past year, Sprint added more than 5 million net new customers and grew wireless service revenue by more than 5 percent, including 17 percentage for the Sprint chopines. This momentum gives us confidence as we execute our Network Vision upgrade and 4G LTE roll-out.”

The company continued to rapidly grow the number of prepaid and wholesale and affiliate subscribers in the quarter quarter. Prepaid net additions were 507,000 bringing totality prepaid subscribers to nearly 14.8 million at the end of 2011, an increase of 20 percent since the end of 2010. Net additions of 954,000 for wholesale and affiliates in the fourth quarter were the highest in seven years.

Additionally, the company reported a net loss of $1.3 billion and a diluted loss of $.43 per share for the quarter, which includes pre-tax, non-cash charges of $241 million, or $.08 per share, consisting of asset and constipation charges of $78 million on property, plant and equipment, $135 million on Sprint’s investment in Clearwire and $28 million in severance costs.

Sprint’s Network Vision initiative remains on schedule and on budget. In the quarter after part, the company completed field integration testing and launched the first multi-mode base station and first cluster of cell sites, validating improved 3G data performance metrics, such as voice quality, call drops and blocks and improved data speeds. The troupe expects to bring approximately 12,000 sites on air by the end of 2012 and to complete the majority of its Network Vision roll-out in 2013. In addition, as part of Network Vision Sprint has announced it expects to begin launching 4G LTE by mid-year 2012. In addition to Houston, Dallas, San Antonio and Atlanta, Sprint today announced Kansas City and Baltimore will be among the initial six major cities to launch.

The company also raised a substantial portion of the additional immediate payment needed to investment company the Network Vision deployment, debt maturities and working capital requirements over the next few years. During the fourth quarter, Sprint raised additional financing of $4 billion and repaid all 2012 maturities prior to scheduled maturity. Sprint’s next scheduled debt maturities include $300 million due in May 2013 and $1.5 billion due in October 2013.

Sprint generated $257 million of Free Cash Flow* in the quarter. As of Dec. 31, 2011, the company’s total liquidity was approximately $6.7 billion, consisting of $5.6 billion in cash, cash equivalents and short-term investments and $1.1 billion of undrawn borrowing capacity available under its revolving bank building credit facility.

In 2011, Sprint’s Customer Satisfaction and First Call Resolution scores improved year-over-year for the fourth consecutive year and third parties continued to affirm Sprint’s customer experience leadership. In the fourth after part, Frost & Sullivan awarded Sprint the North American Customer Value Enhancement of the Year Award in the Machine-to-Machine (M2M) Communications market, and Analysys Mason gave Sprint the highest M2M scorecard ranking among North American-based communications service providers. Last month, Sprint received the ATLANTIC ACM Best-in-Class Network Award for Global Wholesale Excellence. Kiplinger’s Personal Finance Magazine’s yearbook 2011 Best of Everything list awarded circus tent honors to Sprint’s unlimited data plan, no annual contract offerings from Boost Mobile and payLo by Virgin Mobile. Last week, Virgin Mobile USA received the highest ranking in the J.D. Power and Associates 2012 Wireless Customer Care Non-Contract Study – Volume 1, with Boost placing second. Sprint’s sustainable efforts also continued to gather accolades. Following Sprint’s third place ranking among U.S. companies on Newsweek’s 2011 Green Rankings in October, Sprint joined the exclusive World Wildlife Fund’s Climate Savers Program – one of only 27 global partners selected since 1999.

Besides adding the iPhone 4 and iPhone 4s to the company’s industry-leading line-up of devices, Sprint also launched several other innovative products during the fourth quarter including HTC EVO Design 4G™, the company’s 25th 4G gimmick. Sprint also launched the first base three Sprint Direct Connect® phones, Kyocera DuraMax, Kyocera DuraCore and Motorola Admiral™, the first Sprint Direct Connect Android™ smartphone. Earlier this year, Sprint announced the initial group of devices that will operate on its 4G LTE network: Galaxy Nexus™, LG Viper™ 4G LTE with eco-friendly features and Sierra Wireless™ Tri-Network Hotspot. Also during the fourth quarter, Sprint unveiled a redesigned website for business, www.sprint.com/business, launched 4G Fixed Business Access, a business solution that turns any area into an instant office, and collaborated on M2M solutions including wireless kiosks to capture health and wellness information remotely. WIRELESS RESULTS

Wireless Customers

The company served more than 55 million customers at the end of the quarter quarter of 2011. This includes 33 one thousand thousand postpaid subscribers (28.7 million on the Sprint platform and 4.3 million on the Nextel platform), 14.8 million prepaid subscribers (12.8 million on the Sprint platform and 2 million on the Nextel platform) and approximately 7.2 million wholesale and affiliate subscribers, all of whom utilize the Sprint chopines.

For the quarter, the company added 1.6 million net wireless customers, including net additions of 668,000 retail subscribers and net additions of 954,000 wholesale and affiliate subscribers as a result of growth in MVNOs reselling prepaid services.

The company gained approximately 161,000 mesh postpaid subscribers during the quarter compared to a gain of 58,000 in the fourth quarter of 2010.

The Sprint platform added approximately 539,000 net postpaid customers during the quarter. The Nextel platform lost 378,000 net postpaid customers in the quarter.

The company added 507,000 net prepaid subscribers during the quarter, which includes net additions of 899,000 prepaid Sprint platform customers, offset by losses of 392,000 net prepaid Nextel platform customers.

The course credit quality of Sprint’s end-of-period postpaid customers was approximately 82 percent prime as compared to approximately 83 percent prime at the end of the third quarter of 2011.

Wireless Churn

For the quarter, Sprint reported postpaid churn of 1.98 percent, compared to 1.86 percent for the class-ago period and 1.91 percent for the third base quarter of 2011. Quarterly postpaid churn increased class-over-year and sequentially due to higher involuntary deactivations which occur when Sprint disconnects a customer due to lack of payment or violations of terms and conditions. This is a temporary increase, the majority of which was associated with pricing actions taken primarily through indirect channels. We tightened our credit standards during the third and fourth quarters to stem further impacts of these types of promotional activities.

Approximately 9 percent of postpaid customers upgraded their handsets during the fourth quarter. Upgrades as a percentage of our subscriber base increased sequentially, likely due to the iPhone launch and customers’ expectations of the launch, which depressed third quarter upgrades.

Prepaid churn for the fourth quarter was 3.68 percent, compared to 4.93 percent for the year-ago period and 4.07 percentage for the third quarter of 2011. The quarterly year-over-year and sequential improvements in prepaid churn were primarily a result of improvements in the Virgin Mobile and Boost brands, and growth in the number of Assurance Wireless customers, who on average rich person lower churn than the remainder of our prepaid contributor base.Wireless Service Revenues

Wireless retail inspection and repair revenues of $6.9 billion for the after part represent an increase of more than 7 percent compared to the fourth quarter of 2010 and more than 1 percentage compared to the third quarter of 2011. The quarterly year-over-class improvement was primarily due to higher postpaid ARPU as well as an increased number of net prepaid subscribers as a result of additional market launches of Assurance WirelessSM and growth of the Virgin Mobile brand, partially offset by lower prepaid ARPU. Sequentially, wireless retail service revenues increased, primarily as a result of higher postpaid ARPU.

Wireless postpaid ARPU increased year-over-year from $55.26 to $58.59, the largest year-over-year postpaid ARPU growth in the company’s history, while sequentially ARPU increased from $57.65 to $58.59. Quarterly year-over-year and sequential ARPU benefited from higher monthly recurring revenues primarily as a result of the premium information add-on charges for smartphones.

Prepaid ARPU of $26.62 for the quarter declined from $27.95 in the fourth after part of 2010 and from $27.19 in the third quarter of 2011. The decline in both year-over-year and sequential periods is a result of a greater commixture of Assurance WirelessSM customers who on average rich person lower berth ARPU than the remainder of our prepaid subscriber base, partially offset by improvements in Boost ARPU.

Quarterly wholesale, affiliate and other revenues increased by $12 million, compared to the year-ago point, and increased by $10 million sequentially, resulting primarily from growth in MVNOs reselling prepaid services.

Wireless Operating Expenses and Adjusted OIBDA*

Total wireless net operating expenses were $8.4 billion in the fourth quarter, compared to $7.6 billion in the year-ago period and $7.4 billion in the third quarter of 2011.

Wireless equipment net subsidy in the fourth quarter was approximately $1.7 billion (equipment revenue of $910 million, less cost of products of $2.6 billion), compared to almost $1.2 billion in the class-ago period and in the third quarter of 2011. The quarterly year-over-year and sequential increase in net subsidy is primarily due to the launch of the iPhone 4 and iPhone 4S, which on average carry a higher subsidy rate per handset as compared to other handsets.

Wireless cost of service increased approximately 12 percent year-over-year primarily due to higher 4G data usage, Network Vision related expenses and higher service and repair costs as a growing percentage of our customer base is on smartphones. Wireless cost of service declined by nearly 2 percentage sequentially, primarily due to seasonally lower data roaming expense and lower berth service and repair costs.

Wireless SG&A expenses increased approximately 3 percent year-over-class and 6 percentage sequentially. Quarterly year-over-year SG&A expenses increased primarily due to higher selling and bad debt expenses, partially offset by lower marketing costs. Sequentially, SG&A expenses increased primarily as a resultant role of higher sales and bad debt expenses. Sales expenses year-over-year and sequentially increased primarily due to iPhone point-of sale discounts (subsidy) for devices directly sold by the manufacturer to indirect dealers, in which Sprint does not take device title, as well as higher gross additions. Bad debt expense was $186 million in the fourth quarter of 2011, representing an increase for quarterly year-over-class and sequential periods by $75 million and $22 million, respectively, driven primarily by an increase in the agings of accounts receivable outstanding combined with a higher average write-off per story.

Wireless disparagement and amortization expense decreased $179 one thousand thousand year-over-year, primarily due to the absence of amortization for client human relationship intangible assets related to previous acquisitions, which have become fully amortized, as wellspring as a decrease due to the replacement rate of fully depreciated assets, partially offset by a fourth quarter increase related to a reduction in estimated useful lives of certain assets.

Wireless Adjusted OIBDA* of $668 million in the fourth quarter of 2011 compares to $1 billion in the fourth quarter of 2010 and $1.2 billion in the third quarter of 2011. The quarterly class-over-class decline in Adjusted OIBDA* was primarily due to higher equipment net subsidy and sales expense primarily associated with iPhone sales, and higher cost of service, partially offset by higher postpaid and prepaid wireless inspection and repair revenues and lower marketing costs. Sequentially, quarterly Adjusted OIBDA* declined primarily as a result of higher equipment net subsidy and sales expense primarily associated with iPhone sales, partially offset by higher postpaid wireless service revenues and lower wireless cost of service.

Wireline revenues of $1.1 billion for the quarter declined 14 percent year-over-year primarily as a result of a reduction in intercompany rate, based on market prices, for voice and IP services sold to the wireless segment and the scheduled migration of wholesale cable VoIP customers off of Sprint’s IP platform. Sequentially, fourth quarter wireline revenues declined less than 1 percent.

Total wireline net operating expenses were almost $1 billion in the fourth quarter of 2011. Net operating expenses declined approximately 9 percent year-over-year due to lower cost of inspection and repair from continued declines in voice and cable IP volumes, improvement in SG&A expenses and lower berth depreciation expenses. Sequentially, fourth quarter net operating expenses increased by less than 1 percent.

Wireline Adjusted OIBDA* was $178 million for the quarter, compared to $267 million in the fourth quarter of 2010 and $184 one thousand thousand reported for the third quarter of 2011. Quarterly wireline Adjusted OIBDA* declined year-over-year as a result of lower revenues, partially offset by cost reductions. Sequentially, quarterly wireline Adjusted OIBDA* declined as a result of lower revenues.

Forecast

The company expects 2012 Adjusted OIBDA* to be between $3.7 billion and $3.9 billion. Within that Adjusted OIBDA* expectation, we anticipate full class consolidated net inspection and repair revenue growth of 4 to 6 percent. Sprint expects full year capital expenditures of approximately $6 billion in 2012, excluding capitalized interest.

OIBDA is operating income/(loss) before depreciation and amortization. Adjusted OIBDA is OIBDA excluding severance, way out costs, and other special items. Adjusted OIBDA Margin represents Adjusted OIBDA divided by non-equipment net operating revenues for Wireless and Adjusted OIBDA divided by net operating revenues for Wireline. We believe that Adjusted OIBDA and Adjusted OIBDA Margin provide useful selective information to investors because they are an indicator of the strength and performance of our ongoing business operations, including our ability to fund discretionary spending such as capital expenditures, spectrum acquisitions and other investments and our ability to incur and service debt. While disparagement and amortization are considered operating costs under GAAP, these expenses primarily represent non-immediate payment current period costs associated with the use of long-lived tangible and definite-lived intangible assets. Adjusted OIBDA and Adjusted OIBDA Margin are calculations commonly used as a basis for investors, analysts and credit rating agencies to evaluate and compare the periodic and future operating performance and value of companies within the telecommunications industry.

Free Cash Flow is the cash provided by operating activities less the immediate payment used in investing activities other than short-term investments and fairness method investments during the period. We believe that Free Cash Flow provides useful information to investors, analysts and our management about the cash generated by our core operations after interest and dividends and our ability to fund scheduled debt maturities and other financing activities, including discretionary refinancing and retirement of debt and purchase or sale of investments.

Net Debt is consolidated debt, including stream maturities, less cash and cash equivalents, short-term investments and if any, restricted cash. We believe that Net Debt provides useful information to investors, analysts and course credit rating agencies about the capacity of the company to reduce the debt load and improve its capital structure.
]]> http://a-cell-phone.com/2012/02/08/sprint_nextel_reports_fourth_quarter_and_full_year_2011_results.html/feed 0 http://a-cell-phone.com/2012/02/06/best_buy_offering_samsung_galaxy_note_for_pre_order_free_flip_cover.html http://a-cell-phone.com/2012/02/06/best_buy_offering_samsung_galaxy_note_for_pre_order_free_flip_cover.html#comments Mon, 06 Feb 2012 12:19:00 +0000 admin http://a-cell-phone.com/?p=42703 AT&T has announced the Samsung Galaxy Note will be available on February 19th. However, you can get your custody-on earlier than that without have to line-up in social movement of AT&T stores. Best Buy is offering the Galaxy Note for pre-order start on February 5th through Best Buy’s website or any retail store.

If you pre-order the device via Best Buy, you’ll get a free flip cover for free. Unfortunately, Best Buy didn’t mentioned any specific blade for the cover to be. However, they did mentioned that the covering fire value to be a $29.99.

When the device is launch, it would be the first Android smartphone sold with a style or “S-pen”, the largest and highest-resolution smartphone in the country, and also Samsung’s Super AMOLED display engineering. It packed with a 1.4Ghz processor, 16GB of storage and an 8MP camera.

[via AndroidCommunity]