DENVER-Regional Bell operating company Qwest Communications International Inc. said it added 4,000 customers during the third quarter to its mobile virtual network operator-based wireless service. The company noted the result was its second sequential quarterly gain in wireless customers following several quarters of losses as Qwest transitioned its customer base from its own network to Sprint Nextel Corp.’s CDMA network. Qwest said it ended the third quarter with 748,000 wireless customers.
In addition to its modest customer growth, Qwest reported that recurring revenues increased 9 percent year-over-year from $47 during the third quarter of 2004 to $51 this year. Qwest attributed the growth to its data and enhanced features and said approximately 40 percent of its gross customer additions during the quarter signed up for data services.
Despite the positive customer and recurring revenue results, Qwest noted that total wireless revenues slipped 2.3 percent to $129 million this year due to promotions and incentives.
