Results 1 to 15 of 31
- 01-26-2006, 10:42 AM #1John NavasGuest
<http://cingular.mediaroom.com/index.php?s=press_releases&item=1435>
Best-ever overall churn of 2.1 percent, postpaid churn at 1.9 percent
ATLANTA, Jan. 24 /PRNewswire/ -- Cingular Wireless LLC, which is a
joint venture between AT&T Inc., formerly SBC Communications Inc.
(NYSE: T), and BellSouth Corporation (NYSE: BLS), today reported
solid fourth-quarter results driven by its best-ever overall churn,
record net customer additions, strong gross additions, progress on
merger initiatives, growth of data ARPU, and strength in enterprise
services.
For the quarter, the nation's largest wireless provider reported
monthly subscriber churn of 2.1 percent -- its lowest ever. This
represents an improvement of 30 basis points* over the year-ago
fourth quarter and a sequential improvement of 20 basis points.
Postpaid churn improved sequentially by 10 basis points to 1.9
percent.
Driven in part by its churn results, Cingular also reported a record
1.8 million net customer additions, which is more than double the
number reported in the third quarter of 2005 and compares to 1.7
million pro forma net additions in the fourth quarter of 2004.
...
Gross additions were 5.1 million, which is a sequential improvement
of 750 thousand customers and less than 100 thousand on a comparable
basis from pro forma gross additions in the fourth quarter of 2004*.
The sequential improvement in gross adds was primarily driven by
holiday buying activity of prepaid and reseller customers.
Cingular ended 2005 with 54.1 million cellular/PCS subscribers, an
increase of 5 million over 2004.
Cingular's data ARPU was $4.71, up 63 percent over the year-ago
fourth quarter and a sequential improvement of 9 percent. ...
...
During the fourth quarter of 2005, 95 percent of minutes were carried
on Cingular's GSM network and 86 percent of the company's subscriber
base was GSM-equipped. Approximately 7 percent of Cingular's customer
base upgraded handsets during the fourth quarter.
Cingular has now converted nearly 7 million former AT&T Wireless
subscribers to new Cingular plans ...
[MORE]
--
Best regards, SEE THE FAQ FOR CINGULAR WIRELESS AT
John Navas <http://en.wikibooks.org/wiki/Cingular_Wireless_FAQ>
› See More: "Cingular Wireless Announces Fourth-Quarter 2005 Results"
- 01-26-2006, 09:44 PM #2ScottGuest
Re: "Cingular Wireless Announces Fourth-Quarter 2005 Results"
"John Navas" <[email protected]> wrote in message
news:[email protected]...
> <http://cingular.mediaroom.com/index.php?s=press_releases&item=1435>
>
> Best-ever overall churn of 2.1 percent, postpaid churn at 1.9 percent
>
> ATLANTA, Jan. 24 /PRNewswire/ -- Cingular Wireless LLC, which is a
> joint venture between AT&T Inc., formerly SBC Communications Inc.
> (NYSE: T), and BellSouth Corporation (NYSE: BLS), today reported
> solid fourth-quarter results driven by its best-ever overall churn,
> record net customer additions, strong gross additions, progress on
> merger initiatives, growth of data ARPU, and strength in enterprise
> services.
>
> For the quarter, the nation's largest wireless provider reported
> monthly subscriber churn of 2.1 percent -- its lowest ever. This
> represents an improvement of 30 basis points* over the year-ago
> fourth quarter and a sequential improvement of 20 basis points.
> Postpaid churn improved sequentially by 10 basis points to 1.9
> percent.
>
> Driven in part by its churn results, Cingular also reported a record
> 1.8 million net customer additions, which is more than double the
> number reported in the third quarter of 2005 and compares to 1.7
> million pro forma net additions in the fourth quarter of 2004.
>
> ...
>
> Gross additions were 5.1 million, which is a sequential improvement
> of 750 thousand customers and less than 100 thousand on a comparable
> basis from pro forma gross additions in the fourth quarter of 2004*.
> The sequential improvement in gross adds was primarily driven by
> holiday buying activity of prepaid and reseller customers.
>
> Cingular ended 2005 with 54.1 million cellular/PCS subscribers, an
> increase of 5 million over 2004.
>
> Cingular's data ARPU was $4.71, up 63 percent over the year-ago
> fourth quarter and a sequential improvement of 9 percent. ...
>
> ...
>
> During the fourth quarter of 2005, 95 percent of minutes were carried
> on Cingular's GSM network and 86 percent of the company's subscriber
> base was GSM-equipped. Approximately 7 percent of Cingular's customer
> base upgraded handsets during the fourth quarter.
>
> Cingular has now converted nearly 7 million former AT&T Wireless
> subscribers to new Cingular plans ...
>
<yawn>
Another subpar report from Cingular. When they lead with the numbers they
used, it only means that revenue and profit will fall far short of the rest.
- 01-26-2006, 10:22 PM #3SMSGuest
Re: "Cingular Wireless Announces Fourth-Quarter 2005 Results"
Scott wrote:
> Another subpar report from Cingular. When they lead with the numbers they
> used, it only means that revenue and profit will fall far short of the rest.
Terrible results, with ARPU falling 2.2%, while Verizon's ARPU was up
3%, and with Verizon having 50% more total additions during 2005. Ouch.
The funniest part of Cingular's news release was where they quoted data
ARPU but forgot to mention voice ARPU in the text, leaving it for the
section on financial results.
However with the Cingular getting distribution through Radio Shack, and
Verizon losing it, I think Cingular will do better in net additions in
2006. I wonder how much they had to pay Radio Shack to drop Verizon.
- 01-26-2006, 10:40 PM #4ScottGuest
Re: "Cingular Wireless Announces Fourth-Quarter 2005 Results"
"SMS" <[email protected]> wrote in message
news:[email protected]...
> Scott wrote:
>
>> Another subpar report from Cingular. When they lead with the numbers
>> they used, it only means that revenue and profit will fall far short of
>> the rest.
>
> Terrible results, with ARPU falling 2.2%, while Verizon's ARPU was up 3%,
> and with Verizon having 50% more total additions during 2005. Ouch.
I believe Sprint will also show more net adds for the year as well.
>
> The funniest part of Cingular's news release was where they quoted data
> ARPU but forgot to mention voice ARPU in the text, leaving it for the
> section on financial results.
The press release looks as if it were written for a high school newspaper.
It certainly wasn't written with even the most basic investor in mind.
Leading with churn, using gross adds instead of net adds for the year and
only mentioning a $4.71 ARPU figure as a big accomplishment is a pretty
pathetic course to take. This is just a classic example of a company using
secondary metrics to hide poor performance in the areas that count.
>
> However with the Cingular getting distribution through Radio Shack, and
> Verizon losing it, I think Cingular will do better in net additions in
> 2006. I wonder how much they had to pay Radio Shack to drop Verizon.
I don't see that as any kind of real edge. Every Radio Shack I've been by
in the last couple of months has Sprint much more prominently displayed.
- 01-27-2006, 10:31 AM #5SMSGuest
Re: "Cingular Wireless Announces Fourth-Quarter 2005 Results"
Scott wrote:
> "SMS" <[email protected]> wrote in message
> news:[email protected]...
>> Scott wrote:
>>
>>> Another subpar report from Cingular. When they lead with the numbers
>>> they used, it only means that revenue and profit will fall far short of
>>> the rest.
>> Terrible results, with ARPU falling 2.2%, while Verizon's ARPU was up 3%,
>> and with Verizon having 50% more total additions during 2005. Ouch.
>
> I believe Sprint will also show more net adds for the year as well.
>> The funniest part of Cingular's news release was where they quoted data
>> ARPU but forgot to mention voice ARPU in the text, leaving it for the
>> section on financial results.
>
> The press release looks as if it were written for a high school newspaper.
> It certainly wasn't written with even the most basic investor in mind.
> Leading with churn, using gross adds instead of net adds for the year and
> only mentioning a $4.71 ARPU figure as a big accomplishment is a pretty
> pathetic course to take. This is just a classic example of a company using
> secondary metrics to hide poor performance in the areas that count.
>
>> However with the Cingular getting distribution through Radio Shack, and
>> Verizon losing it, I think Cingular will do better in net additions in
>> 2006. I wonder how much they had to pay Radio Shack to drop Verizon.
>
> I don't see that as any kind of real edge. Every Radio Shack I've been by
> in the last couple of months has Sprint much more prominently displayed.
It's been only four weeks since Cingular went into Radio Shack, and
Radio Shack has been advertising Cingular a lot. The Radio Shack dealers
in the San Francisco Bay Area are extremely unhappy over the change from
Verizon to Cingular.
- 01-27-2006, 10:43 AM #6John NavasGuest
Re: "Cingular Wireless Announces Fourth-Quarter 2005 Results"
[POSTED TO alt.cellular.cingular - REPLY ON USENET PLEASE]
In <[email protected]> on Fri, 27 Jan 2006 08:31:02
-0800, SMS <[email protected]> wrote:
>It's been only four weeks since Cingular went into Radio Shack, and
>Radio Shack has been advertising Cingular a lot. The Radio Shack dealers
>in the San Francisco Bay Area are extremely unhappy over the change from
>Verizon to Cingular.
And pigs have wings.
--
Best regards, SEE THE FAQ FOR CINGULAR WIRELESS AT
John Navas <http://en.wikibooks.org/wiki/Cingular_Wireless_FAQ>
- 01-27-2006, 05:54 PM #7SMSGuest
Re: "Cingular Wireless Announces Fourth-Quarter 2005 Results"
Scott wrote:
> The press release looks as if it were written for a high school newspaper.
> It certainly wasn't written with even the most basic investor in mind.
> Leading with churn, using gross adds instead of net adds for the year and
> only mentioning a $4.71 ARPU figure as a big accomplishment is a pretty
> pathetic course to take.
No, not a $4.71 ARPU, an $4.71 ARPU for data. The real ARPU actually
fell, something they disclose later in the article.
ARPU is one of the key metrics that the carriers are looking at, now
that the market is becoming saturated, and net additions are beginning
to level off.
Higher ARPU depends on celling worthless services to people with too
much money, i.e. $1 ringtones, $2 audio files, and the sending of photos
with low quality cameras.
Many people thought that when Radio Shack added Cingular, and dropped
Verizon, that it would result in a lot more net adds for Cingular, but
things are not going well so far for Cingular at Radio Shack.
See "http://www.fool.com/News/mft/2006/mft06011213.htm"
"The drumbeat of disappointment grew as RadioShack's five-year
relationship with Verizon ended. In switching to Cingular, founded as a
joint venture between AT&T (NYSE: T) and BellSouth (NYSE: BLS),
RadioShack was banking on its status as the largest wireless carrier in
the country. That has not panned out as hoped; despite Cingular's 52
million customers, sales have been weak since the transition."
Talk to a Radio Shack franchise owner sometime, at a bar. They'll give
you an earful about the switch from Verizon to Cingular. It's affected
their sales volumes big-time. With Verizon continuing to top all surveys
for customer satisfaction in terms of quality of service, it's unclear
why Radio Shack would have dumped them, unless Cingular offered them a
really sweet deal.
- 01-27-2006, 11:16 PM #8ScottGuest
Re: "Cingular Wireless Announces Fourth-Quarter 2005 Results"
"John Navas" <[email protected]> wrote in message
news:[email protected]...
> [POSTED TO alt.cellular.cingular - REPLY ON USENET PLEASE]
>
> In <[email protected]> on Fri, 27 Jan 2006 08:31:02
> -0800, SMS <[email protected]> wrote:
>
>>It's been only four weeks since Cingular went into Radio Shack, and
>>Radio Shack has been advertising Cingular a lot. The Radio Shack dealers
>>in the San Francisco Bay Area are extremely unhappy over the change from
>>Verizon to Cingular.
>
> And pigs have wings.
>
Wow, John- that really contributed to the discussion. Moron.
I've talked to a few of the salesmen in the stores here- they say their
phone commissions are about half of what they were with Verizon- not because
the actual commission is less, but because sales volume has plummeted.
Now John- care to comment on two factual posts that contradict your
uneducated view of the situation? Or shall you go silent in this thread,
avoiding the conversation altogether? I know which is the obvious choice.
- 01-28-2006, 01:05 AM #9SMSGuest
Re: "Cingular Wireless Announces Fourth-Quarter 2005 Results"
Scott wrote:
> "John Navas" <[email protected]> wrote in message
> news:[email protected]...
>> [POSTED TO alt.cellular.cingular - REPLY ON USENET PLEASE]
>>
>> In <[email protected]> on Fri, 27 Jan 2006 08:31:02
>> -0800, SMS <[email protected]> wrote:
>>
>>> It's been only four weeks since Cingular went into Radio Shack, and
>>> Radio Shack has been advertising Cingular a lot. The Radio Shack dealers
>>> in the San Francisco Bay Area are extremely unhappy over the change from
>>> Verizon to Cingular.
>> And pigs have wings.
>>
>
> Wow, John- that really contributed to the discussion. Moron.
>
> I've talked to a few of the salesmen in the stores here- they say their
> phone commissions are about half of what they were with Verizon- not because
> the actual commission is less, but because sales volume has plummeted.
The incredible part of this is that it's a _ten year agreement_ between
Cingular and Radio Shack. I wonder if the terms of the agreement are
such that franchisees are forbidden from selling T-Mobile or Verizon.
Another source for the Radio Shack/Cingular story is at
"http://www.cbc.ca/cp/business/060112/b011262.html"
But the best source of the impact is to talk to a Radio Shack franchise
owner (rather than the manager of a company owned store), outside the
store where they can be honest about the situation. They are extremely
unhappy right now, as are the sales people. Commissions from the
carriers are a major source of revenue for Radio Shack franchisee's.
Circuit City really got it right, with Verizon for quality service, and
T-Mobile for low-cost service.
> Now John- care to comment on two factual posts that contradict your
> uneducated view of the situation? Or shall you go silent in this thread,
> avoiding the conversation altogether? I know which is the obvious choice.
Facts are facts and will not disappear on account of your likes.
Jawaharlal Nehru
- 01-31-2006, 02:15 PM #10John NavasGuest
Re: "Cingular Wireless Announces Fourth-Quarter 2005 Results"
[POSTED TO alt.cellular.cingular - REPLY ON USENET PLEASE]
In <[email protected]> on Fri, 27 Jan 2006 22:16:57 -0700,
"Scott" <[email protected]> wrote:
>"John Navas" <[email protected]> wrote in message
>news:[email protected]...
>>
>> In <[email protected]> on Fri, 27 Jan 2006 08:31:02
>> -0800, SMS <[email protected]> wrote:
>>
>>>It's been only four weeks since Cingular went into Radio Shack, and
>>>Radio Shack has been advertising Cingular a lot. The Radio Shack dealers
>>>in the San Francisco Bay Area are extremely unhappy over the change from
>>>Verizon to Cingular.
>>
>> And pigs have wings.
>
>Wow, John- that really contributed to the discussion.
It does just what I intended, which is to poke a bit of fun at his wild and
unsupported claim. He almost certainly has no way of really knowing what the
majority of Radio Shack dealers actually think, and is making this up in
"support" of his own anti-Cingular agenda, as reflected in all the time and
energy he invests here even though he's a Verizon subscriber.
>Moron.
All that does is make you look immature and devoid of any real substance.
>I've talked to a few of the salesmen in the stores here- they say their
>phone commissions are about half of what they were with Verizon- not because
>the actual commission is less, but because sales volume has plummeted.
That's supposed to be validation of "SMS"?
>Now John- care to comment on two factual posts that contradict your
>uneducated view of the situation? Or shall you go silent in this thread,
>avoiding the conversation altogether? I know which is the obvious choice.
No real facts have been presented, just anecdotal claims.
Problems at Radio Shack are well known and unrelated to Cingular. Cellular
sales make up a big part of the business and were in trouble long before the
Cingular deal, which is probably part of why the company switched to Cingular.
That kind of cold turkey change inevitably results and did result in short
term issues (e.g., inventory, training, momentum, promotions), which are
likewise well known. All that said, it's way too early to judge the success
of the switch. Let's see how things look at the end of at least a quarter or
two.
--
Best regards, SEE THE FAQ FOR CINGULAR WIRELESS AT
John Navas <http://en.wikibooks.org/wiki/Cingular_Wireless_FAQ>
- 01-31-2006, 02:28 PM #11John NavasGuest
Re: "Cingular Wireless Announces Fourth-Quarter 2005 Results"
[POSTED TO alt.cellular.cingular - REPLY ON USENET PLEASE]
In <[email protected]> on Fri, 27 Jan 2006 23:05:17
-0800, SMS <[email protected]> wrote:
>But the best source of the impact is to talk to a Radio Shack franchise
>owner (rather than the manager of a company owned store), outside the
>store where they can be honest about the situation. They are extremely
>unhappy right now, as are the sales people. Commissions from the
>carriers are a major source of revenue for Radio Shack franchisee's.
Proof by repetition (of unsupported claims)?
>Circuit City really got it right, with Verizon for quality service, and
>T-Mobile for low-cost service.
Because that agrees with your anti-Cingular agenda.
>> Now John- care to comment on two factual posts that contradict your
>> uneducated view of the situation? Or shall you go silent in this thread,
>> avoiding the conversation altogether? I know which is the obvious choice.
>
>Facts are facts and will not disappear on account of your likes.
>Jawaharlal Nehru
All we have from you thus far are unsupported claims. The facts (as
documented in the financial press) are that the business at Radio Shack was in
trouble, and that the switch to Cingular is part of the effort to turn that
around.
<http://biz.yahoo.com/ap/060112/radioshack_outlook.html?.v=6>
RadioShack Confirms 2005 Profit Shortfall
RadioShack Confirms 2005 Earnings Will Miss Goal,
4Q Total Sales Rose 5 Percent
RadioShack Corp. says revenue rose in the fourth quarter, but sales
of wireless phones and highly profitable accessories were
disappointing, and the electronics retailer still expects to miss
earnings targets for all of 2005.
The company said Thursday that total sales rose 5 percent in the
fourth quarter, to $1.67 billion, and sales at stores open at least
one year -- a key measurement for retailers -- increased 4 percent.
But much of the gains came in low-profit gadgets such as MP3 music
players and digital cameras, and they weren't enough to salvage the
full-year results. RadioShack said it would miss its goal of earning
$2.14 to $2.24 per share -- around $300 million -- for all of last
year.
...
Chief Executive David J. Edmondson said the transition from Verizon
to Cingular was "more painful than we expected" but will pay
dividends because RadioShack won the right to open stores under the
Sprint and Cingular brands.
...
<http://biz.yahoo.com/fool/060112/113708679513.html?.v=1>
Motley Fool
RadioShack Losing Power
It's been a tough year for the Shack. Almost a year ago to the day,
the company said it was confident that it would see 20% earnings
growth over 2004's results, but the euphoria was short-lived. Just
two months later, the company's sales fell; it realized that it would
miss its first-quarter forecasts, and possibly its full-year
predictions. It's been dialing down expectations all year long.
<http://biz.yahoo.com/ap/060113/radioshack_stock.html?.v=2>
RadioShack Stock Up on Analyst Upgrade
RadioShack Stock Rises;
Prudential Upgrade to 'Overweight' Cites 'Groove' Return
RadioShack Corp. stock rose Friday after Prudential analyst Mark
Rowen upgraded his rating on the stock to "overweight" from "neutral,
" saying that 2006 could be the year when the consumer electronics
retailer "gets its groove back."
Shares of Fort Worth, Texas-based RadioShack rose $1.38, or 6.4
percent, to $22.87 in midday trading on the New York Stock Exchange.
Rowen points to three reasons why he's upbeat about the stock. First,
the initial phase of the transition to selling Cingular Wireless
products instead of Verizon Wireless products is complete. That
"significantly" lowers the retailer's operational risk, Rowen said.
Second, the addition of Cingular nearly doubles RadioShack's wireless
market opportunity to 15.5 million subscribers from 8 million, Rowen
said.
Although it's not clear whether RadioShack will be able to capitalize
on the opportunity, Prudential is optimistic the retailer will, he
said.
--
Best regards, SEE THE FAQ FOR CINGULAR WIRELESS AT
John Navas <http://en.wikibooks.org/wiki/Cingular_Wireless_FAQ>
- 01-31-2006, 02:36 PM #12John NavasGuest
Re: "Cingular Wireless Announces Fourth-Quarter 2005 Results"
[POSTED TO alt.cellular.cingular - REPLY ON USENET PLEASE]
In <[email protected]> on Fri, 27 Jan 2006 15:54:59
-0800, SMS <[email protected]> wrote:
>Scott wrote:
>
>> The press release looks as if it were written for a high school newspaper.
>> It certainly wasn't written with even the most basic investor in mind.
>> Leading with churn, using gross adds instead of net adds for the year and
>> only mentioning a $4.71 ARPU figure as a big accomplishment is a pretty
>> pathetic course to take.
>
>No, not a $4.71 ARPU, an $4.71 ARPU for data. The real ARPU actually
>fell, something they disclose later in the article.
>
>ARPU is one of the key metrics that the carriers are looking at, now
>that the market is becoming saturated, and net additions are beginning
>to level off.
>
>Higher ARPU depends on celling worthless services to people with too
>much money, i.e. $1 ringtones, $2 audio files, and the sending of photos
>with low quality cameras.
It actually comes from selling more things that many people want to buy, not
just the things you personally disdain, but also things like wireless data,
which is why the Data ARPU is meaningful.
>Many people thought that when Radio Shack added Cingular, and dropped
>Verizon, that it would result in a lot more net adds for Cingular,
It may well.
>but
>things are not going well so far for Cingular at Radio Shack.
Only 11 days of initial experience make that more than a rush to judgement.
(The Motley Fool is more entertainment than serious investing.)
>See "http://www.fool.com/News/mft/2006/mft06011213.htm"
>
>"The drumbeat of disappointment grew as RadioShack's five-year
>relationship with Verizon ended. In switching to Cingular, founded as a
>joint venture between AT&T (NYSE: T) and BellSouth (NYSE: BLS),
>RadioShack was banking on its status as the largest wireless carrier in
>the country. That has not panned out as hoped; despite Cingular's 52
>million customers, sales have been weak since the transition."
<http://biz.yahoo.com/ap/060113/radioshack_stock.html?.v=2>
RadioShack Stock Up on Analyst Upgrade
RadioShack Stock Rises;
Prudential Upgrade to 'Overweight' Cites 'Groove' Return
RadioShack Corp. stock rose Friday after Prudential analyst Mark
Rowen upgraded his rating on the stock to "overweight" from "neutral,
" saying that 2006 could be the year when the consumer electronics
retailer "gets its groove back."
Shares of Fort Worth, Texas-based RadioShack rose $1.38, or 6.4
percent, to $22.87 in midday trading on the New York Stock Exchange.
Rowen points to three reasons why he's upbeat about the stock. First,
the initial phase of the transition to selling Cingular Wireless
products instead of Verizon Wireless products is complete. That
"significantly" lowers the retailer's operational risk, Rowen said.
Second, the addition of Cingular nearly doubles RadioShack's wireless
market opportunity to 15.5 million subscribers from 8 million, Rowen
said.
Although it's not clear whether RadioShack will be able to capitalize
on the opportunity, Prudential is optimistic the retailer will, he
said.
>Talk to a Radio Shack franchise owner sometime, at a bar. They'll give
>you an earful about the switch from Verizon to Cingular. It's affected
>their sales volumes big-time.
Their sales volume was in big trouble long before the Cingular deal, which is
part of the effort the turn the company around after a disappointing 2005 with
Verizon.
>With Verizon continuing to top all surveys
>for customer satisfaction in terms of quality of service, it's unclear
>why Radio Shack would have dumped them, unless Cingular offered them a
>really sweet deal.
Because you know better -- right?
--
Best regards, SEE THE FAQ FOR CINGULAR WIRELESS AT
John Navas <http://en.wikibooks.org/wiki/Cingular_Wireless_FAQ>
- 01-31-2006, 08:50 PM #13ScottGuest
Re: "Cingular Wireless Announces Fourth-Quarter 2005 Results"
"John Navas" <[email protected]> wrote in message
news:[email protected]...
> [POSTED TO alt.cellular.cingular - REPLY ON USENET PLEASE]
>
> In <[email protected]> on Fri, 27 Jan 2006
> 22:16:57 -0700,
> "Scott" <[email protected]> wrote:
>
>>"John Navas" <[email protected]> wrote in message
>>news:[email protected]...
>>>
>>> In <[email protected]> on Fri, 27 Jan 2006
>>> 08:31:02
>>> -0800, SMS <[email protected]> wrote:
>>>
>>>>It's been only four weeks since Cingular went into Radio Shack, and
>>>>Radio Shack has been advertising Cingular a lot. The Radio Shack dealers
>>>>in the San Francisco Bay Area are extremely unhappy over the change from
>>>>Verizon to Cingular.
>>>
>>> And pigs have wings.
>>
>>Wow, John- that really contributed to the discussion.
>
> It does just what I intended, which is to poke a bit of fun at his wild
> and
> unsupported claim. He almost certainly has no way of really knowing what
> the
> majority of Radio Shack dealers actually think, and is making this up in
> "support" of his own anti-Cingular agenda, as reflected in all the time
> and
> energy he invests here even though he's a Verizon subscriber.
So, you are calling Steve a liar? Pretty bold statement from somebody
frequently proven wrong in this forum.
>
>>Moron.
>
> All that does is make you look immature and devoid of any real substance.
Or it shows that I'm an excellent judge of character.
>
>>I've talked to a few of the salesmen in the stores here- they say their
>>phone commissions are about half of what they were with Verizon- not
>>because
>>the actual commission is less, but because sales volume has plummeted.
>
> That's supposed to be validation of "SMS"?
Well, two of us have the same story and you seem to be alone in your glowing
view of the situation.
>
>>Now John- care to comment on two factual posts that contradict your
>>uneducated view of the situation? Or shall you go silent in this thread,
>>avoiding the conversation altogether? I know which is the obvious choice.
>
> No real facts have been presented, just anecdotal claims.
No- facts have been presented, unless you are calling us both liars.
>
> Problems at Radio Shack are well known and unrelated to Cingular.
> Cellular
> sales make up a big part of the business and were in trouble long before
> the
> Cingular deal, which is probably part of why the company switched to
> Cingular.
So you are guessing again and have no facts to support your claim. That is
anecdotal.
> That kind of cold turkey change inevitably results and did result in short
> term issues (e.g., inventory, training, momentum, promotions), which are
> likewise well known. All that said, it's way too early to judge the
> success
> of the switch. Let's see how things look at the end of at least a quarter
> or
> two.
Its always easy to take the wait-and-see approach when the facts don't
support your claims.
- 01-31-2006, 09:41 PM #14SMSGuest
Re: "Cingular Wireless Announces Fourth-Quarter 2005 Results"
Scott wrote:
<snip>
> So, you are calling Steve a liar? Pretty bold statement from somebody
> frequently proven wrong in this forum.
Like many business-people that own the same type of franchise, Radio
Shack owners know what is going on in terms of sales volumes of key
products at other franchise locations in the area, often down to the
volumes that other stores sell.
I did not claim that all Radio Shack stores across the country are
unhappy with Cingular, I have no way of knowing that. It's a fact that
in the SF Bay area, wireless sales volumes are way down since January 1.
Cingular has a very poor reputation in this area, due to what happened
originally with Pacific Bell Wireless around 2000-2002.
The news story I quoted simply confirmed what the franchisees are saying.
- 01-31-2006, 09:51 PM #15ScottGuest
Re: "Cingular Wireless Announces Fourth-Quarter 2005 Results"
"SMS" <[email protected]> wrote in message
news:[email protected]...
> Scott wrote:
>
> <snip>
>
>> So, you are calling Steve a liar? Pretty bold statement from somebody
>> frequently proven wrong in this forum.
>
> Like many business-people that own the same type of franchise, Radio Shack
> owners know what is going on in terms of sales volumes of key products at
> other franchise locations in the area, often down to the volumes that
> other stores sell.
>
> I did not claim that all Radio Shack stores across the country are unhappy
> with Cingular, I have no way of knowing that. It's a fact that in the SF
> Bay area, wireless sales volumes are way down since January 1. Cingular
> has a very poor reputation in this area, due to what happened originally
> with Pacific Bell Wireless around 2000-2002.
>
> The news story I quoted simply confirmed what the franchisees are saying.
But John claims otherwise and guesses at why this will work. How dare you
use facts when the great John Novice says otherwise!!
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