Verizon-Logo-AH

Analysts: Verizon will add more Postpaid Subs over AT&T

July 20, 2015 - Written By Alexander Maxham

Analysts are stating that for Q2 the top two carriers in the US have been gaining ground with their EIP programs. AT&T and Verizon customers have been buying into their NEXT and EDGE programs, respectively. However, despite that. Verizon is still slated to add more postpaid subscribers than AT&T.

According to Evercore ISI analysts, Verizon is going to “show solid subscriber performance in an ongoing competitive environment.” They added that the carrier will report their second-highest postpaid net adds in the sector. They are currently estimating around 970,000 postpaid net subscribers for the second quarter. Although the majority will be tablet customers. Which comes as no surprise as Verizon has been heavily promoting tablets in the past few quarters.

Verizon is still the largest carrier in the US, and they keep adding nearly a million connections each quarter to their network. Tomorrow, July 21st, Verizon Wireless is set to announce their earnings for Q2. So we’ll get all the details straight from big red tomorrow morning. It’ll be interesting to see if they passed up T-Mobile’s numbers. Which their preliminary numbers are over 2 million right now. Pretty decent for the fourth largest carrier, or the smallest national carrier. Analysts are also saying that their 1 million postpaid adds could lead the industry for Q2.

While 970K subscribers is nothing to sneeze at, Wells Fargo analysts had stated that Verizon added 1.06 million, according to their research. Macquarie Capital also thinks that Verizon has added 1.162 million postpaid customers in the quarter. So far nothing is official, but we should know the true numbers tomorrow when Verizon Wireless announces them.

So far there’s no word about Verizon and AT&T’s churn numbers. Which have been on the rise in recent quarters. With Verizon seeing some of the highest churn rates they’ve ever had. With T-Mobile taking the most customers away from these two in recent quarters, it’ll be interesting to see if that continues in Q2, or if AT&T and Verizon have done enough to keep their customers on their networks. The wireless industry has become very competitive as of late, and earnings have definitely shown the truth for these four nationwide carriers.