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Protected: Wireless Results Q4 2011

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Q3 2011 Churn

Q3 2011 Churn Chart1:  Churn is becoming more of an issue for all of the incumbents.  Bell’s churn is significantly higher.  One can only assume that this is by design to clean up their base and improve profitability?  Note that Rogers only recently started reporting blended churn. Chart2: Postpaid Churn show worrying trends for Rogers

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Q3 2011 Net Adds

Q3 2011 Net Adds Chart1:  At first glance, it might appear that Bell lost out to Rogers, which nearly doubled the total net adds of Bell.  TELUS got just below fair share, BUT… Chart2: The Postpaid Nets Share shows a different story.  Due to much lower churn, TELUS and Bell did a bit better than

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