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Analyst: U.S. wireless data market growth “impressive” in Q2

By
Jon Fortt
Jon Fortt
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By
Jon Fortt
Jon Fortt
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August 13, 2007, 7:52 AM ET

U.S. Wireless carriers hauled in $5.85 billion in revenue from wireless data services this spring, according to a report from industry analyst Chetan Sharma. The strongest growth came from Verizon Wireless (VZ), which overtook Sprint (S) in average data revenue per user.

For the first half of 2007, overall wireless data revenues were up 81 percent over the same period in 2006, to $11.35 billion.

Sharma said the strongest growth continues to come from Verizon, accounting for almost 31 percent of industry data revenues in the second quarter. Verizon’s data service revenues jumped by 13 percent over the previous quarter to $1.8 billion. Following in behind were AT&T (T) at $1.65 billion, Sprint at $1.2 billion, and T-Mobile (DT) at $613 million.

Also, a tidbit about Apple’s (AAPL) iPhone, from the report:

AT&T stemmed the tide of losing customers to Verizon with the strongest performance in terms of net-adds in Q2 adding almost 1.5 million new subscriptions. While the distance between the two giants is getting closer, AT&T is likely to stay perched at the top with most subs in the U.S. Market for the remainder of 2007. IPhone mania and 3G penetration helped in gaining new subs.

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By Jon Fortt
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