Fitch: Tablets Drive First-Quarter Post-Paid Net Additions

  Fitch: Tablets Drive First-Quarter Post-Paid Net Additions

Business Wire

CHICAGO -- July 18, 2013

Fitch Ratings estimates that overall, wireless net additions among the three
largest wireless service providers sank 77% to 596,000 units during
first-quarter 2013 (1Q'13) versus last year. Positively strong demand for
tablets drove postpaid subscriber net additions during the quarter. Shared
data plans have moved session-based tablet subscribers to postpaid tablet
plans, creating a more stable and predictable revenue stream for wireless
operators.

DISH Network's wireless ambitions suffered a setback as Softbank closed on its
acquisition of Sprint and Sprint prevailed over DISH in the pursuit of
Clearwire Corporation. The wireless industry's competitive landscape continued
to evolve and Fitch expects DISH will likely engage another wireless carrier
seeking a partnership, acquisition or network-sharing agreement. T-Mobile US,
Inc. is the most likely carrier given its national scope.

Fitch's special report 'U.S. Communications Industry Leaders Competitive
Scorecard' discusses trends in the 1Q'13 as to the scope and depth of the
competitive overlap of leading telecommunications operators. The report
compares the competitive positions of the leading local exchange carriers
(LEC), cable multiple system operators (MSOs), wireless service providers and
direct broadcast satellite (DBS) operators. The report also summarizes key
operating metrics financial statistics, particularly related to key forecast
items such as revenue growth, margin changes, capital re-investment and debt.
In addition, the report includes summary comments concerning significant
developments in the quarter.

This quarterly report can be found at 'www.fitchratings.com' under the
following headers:

Sectors >> Corporate Finance >> Corporates >> Special Reports

Additional information is available at 'www.fitchratings.com'.

Applicable Criteria and Related Research: U.S. Communications Industry Leaders
Competitive Scorecard - First-Quarter 2013

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=712155

ALL FITCH CREDIT RATINGS ARE SUBJECT TO CERTAIN LIMITATIONS AND DISCLAIMERS.
PLEASE READ THESE LIMITATIONS AND DISCLAIMERS BY FOLLOWING THIS LINK:
HTTP://FITCHRATINGS.COM/UNDERSTANDINGCREDITRATINGS. IN ADDITION, RATING
DEFINITIONS AND THE TERMS OF USE OF SUCH RATINGS ARE AVAILABLE ON THE AGENCY'S
PUBLIC WEBSITE 'WWW.FITCHRATINGS.COM'. PUBLISHED RATINGS, CRITERIA AND
METHODOLOGIES ARE AVAILABLE FROM THIS SITE AT ALL TIMES. FITCH'S CODE OF
CONDUCT, CONFIDENTIALITY, CONFLICTS OF INTEREST, AFFILIATE FIREWALL,
COMPLIANCE AND OTHER RELEVANT POLICIES AND PROCEDURES ARE ALSO AVAILABLE FROM
THE 'CODE OF CONDUCT' SECTION OF THIS SITE. FITCH MAY HAVE PROVIDED ANOTHER
PERMISSIBLE SERVICE TO THE RATED ENTITY OR ITS RELATED THIRD PARTIES. DETAILS
OF THIS SERVICE FOR RATINGS FOR WHICH THE LEAD ANALYST IS BASED IN AN
EU-REGISTERED ENTITY CAN BE FOUND ON THE ENTITY SUMMARY PAGE FOR THIS ISSUER
ON THE FITCH WEBSITE.

Contact:

Fitch Ratings
David Peterson
Senior Director
+1-312-368-3177
Fitch Ratings, Inc.
70 West Madison Street
Chicago, IL 60602
or
Michael Weaver
Managing Director
+1-312-368-3156
or
Media Relations:
Brian Bertsch, +1-212-908-0549 (New York)
brian.bertsch@fitchratings.com