LUBBOCK, Texas-Alamosa Holdings Inc. released its fourth-quarter 2003 customer results on the heels of a $225 million debt offering announced yesterday.
Alamosa said net subscriber additions were 34,000 for the fourth quarter, more than double its additions during the third quarter, which the company said was due to reduced churn and seasonal holiday demand. Total subscribers as of Dec. 31, 2003, were 727,000, up 4.9 percent from the previous quarter and 16.9 percent from a year ago.
Churn was 2.5 percent, down from 2.9 percent last quarter and 3.4 percent in the year-ago quarter. Churn was 2.7 percent for the full-year 2003, also improved over 3.4 percent for the full-year 2002.
Alamosa also provided guidance for its fixed asset additions for 2004, expecting them to be between $50 million to $65 million.
