UbiquiTel reports fewer net subscriber additions in 2Q

Sprint PCS affiliate UbiquiTel Inc. said it added 16,900 net subscribers during the second quarter of this year, which was slightly less than the 17,800 subscribers the carrier said it added during the second quarter of 2003. UbiquiTel added that it ended the quarter with 365,900 total customers, excluding resale subscribers, and that 74 percent of its customer base was in the prime credit classes. UbiquiTel also reported that customer churn improved from 2.9 percent last year to 2.7 percent this year. “Our second-quarter subscriber results reflect a good balance in improving our subscriber mix and growing our base,” said Donald Harris, chairman and chief executive officer.