Sunday, January 23, 2005

Cingular Ends 2004 with 49.1 Million Total Subscribers

Cingular Wireless ended 2004 with 49.1 million total subscribers. Cingular's gross customer additions in Q4 totaled 5.5 million on a pro forma basis, the highest quarter ever when historical results of the two companies are combined, while average monthly pro forma subscriber
churn declined significantly.

At year's end, more than 65 percent of Cingular's subscriber base was GSM-equipped, up from a pro forma 57 percent at the end of the third quarter of 2004. More than 8 percent of Cingular's customer base upgraded handsets during the quarter -- almost entirely onto GSM.

Reported average revenue per user (ARPU) in the fourth quarter was $49.22. Pro forma ARPU was $49.67, down 5.8 percent versus pro forma results in the year-earlier fourth quarter.


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