Mike McCormack - Jefferies
Last quote by Mike McCormack
The latest quote from Mike McCormack is: “We're seeing a decline in upgrade rates, and part of that decline in upgrade rates is because people paid off their phones. Your bill will drop by whatever the equivalent payment was … what we're finding is customers are interested in having a lower bill.”. It comes from the Why you might get a deal on a new iPhone after all article. You’ll find on this page 3 articles with Mike McCormack quoted on topics such as trend and debt. Mike McCormack has been quoted 5 times in 3 articles.
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Quotes by Mike McCormack
Sep 18 2017
We're seeing a decline in upgrade rates, and part of that decline in upgrade rates is because people paid off their phones. Your bill will drop by whatever the equivalent payment was … what we're finding is customers are interested in having a lower bill.feedback
Sep 18 2017
The margins have been tremendous to the extent customers are paying for their own phone.feedback
Aug 22 2017
While entry-level pricing appears more competitive, the changes more likely reflect the impact current plans are having on Verizon's network. The move also follows a trend of differentiating unlimited plans to manage congestion and monetize the network.feedback
Jul 21 2016
With subscriber momentum likely to continue, ARPU [average revenue per user] trends stabilized, and bad debt at manageable levels, we anticipate unrivaled FCF [free cash flow] growth in the next couple of years. Though shares have underperformed in this yield-thirsty market, we expect a refocus on fundamentals to drive outperformance and add TMUS to our Franchise Pick List.feedback
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