Cable / Telecom News

Mobilicity says it’s the fastest-growing new entrant with 63,000 new customers


TORONTO - Mobilicity claims it now the nation's fastest-growing new wireless entrant, reporting it grew by approximately 63,000 net additions during the fourth quarter of 2011. The company forecasts in a media release that it will “considerably outpace its peers based on results disclosed thus far.” It added that it finished the year with an average revenue per user (ARPU) slightly over $30. In another announcement from Mobilicity from last November, it said it had attracted more than 250,000 customers since launching its service in May, 2010. Today’s press release unfortunately does not specify if the 63,000 net additions are...