Cingular Q3 2004 earnings

Oct 20 - 01:57 PM ET | Cingular

Cingular's third quarter 2004 earnings were announced today:

Numbers are compared to the year ago quarter.

  • Revenue of $4.3 billion, up rose 4.9%
  • Operating income of $461 million, down 5.5%
  • 657,000 subscriber net gain, 25.7 million total
  • Average revenue per user per user: $49.78, down 5.1%

Cingular's churn rate (customer turnover) was a nice low 2.8%.

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