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Re: hallin95 post# 35387

Friday, 03/27/2009 7:30:59 PM

Friday, March 27, 2009 7:30:59 PM

Post# of 41740
Hallin..Sorry I was using older numbers
for Tracfone as AM has reported again twice since the 10 million subscribers I posted for them..They now have 11.1 million subscribers and here is their most current earnings summary..

United States
"Tracfone added 743 thousand subscribers in the fourth quarter, 4.6% more than a
year ago and more than twice those gained in the previous quarter. Total net adds in
2008 were 1.7 million taking our subscriber base to 11.2 million, which represented
an increase of 17.6% year-over-year.
In the midst of a tough economic environment, we generated 379 million dollars of
revenues in the fourth quarter, 4.2% more than a year earlier. Revenues were up 5.7%
annually to 1.5 billion dollars, with service revenues rising 8.8%.
EBITDA in the period came in at 24 million dollars, surpassing by 52.6% that of the
year-earlier quarter. In 2008, EBITDA climbed 69.2% to 269 million dollars, with the
EBITDA margin jumping 6.8 percentage points in the year."

It would seem my post saying that Tracfone should do OK in this economy was right on the mark..as people shift away from the higher costing postpaid companies..Again as I said..it looks like Onev has two companies they are working with that are actually growing in this economy subscriber wise and that certainly won't hurt Onev's bottom line...veno

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