LAKE CHARLES, La.-US Unwired Inc., a Sprint PCS Network Partner, signed up 35,000 personal communications services subscribers during the fourth quarter ended Dec. 31, bringing the company’s total customer base to 126,000 customers.
Company revenue increased from $16.5 million during the fourth quarter of 1999, to $35.8 million last year. Net loss attributable to common shareholders grew from a loss of $14.7 million last year to a loss of $25.8 million during the fourth quarter of 2000. Loss per share followed suit, increasing from a loss of 25 cents per share in 1999 to a loss of 33 cents per share last year.
Subscriber churn fell 19 percent compared with the third quarter of 2000 to 3 percent for the fourth quarter.
At the end of the year, US Unwired served 36 markets with a population of 9.3 million people, while its network covered approximately 6 million residents.
