Verizon’s Q4 2015 and full year 2015 numbers are officially out, and it looks like Big Red had itself a decent end to the year.
Verizon Wireless had a total of 1.5 million postpaid adds in Q4 2015, while its total adds for the quarter finished at 1.3 million due to the loss of 157,000 prepaid subs. Verizon ended the quarter with 112.1 million total retail connections, including of 106.5 million postpaid.
Postpaid churn for the quarter finished at 0.96 percent, down 1.14 percent year-over-year. Total churn also fell from 1.39 percent in Q4 2014 to 1.23 percent in Q4 2015.
Verizon also provided an update on its phone payment plan adoption rate. The big red carrier says that 7.6 million phones were activated on payment plans in Q4 2015, bringing the total number of device payment plans up to around 25 million. That’s approximately 29 percent of Verizon’s postpaid phone base.
Rounding out today’s report are Verizon Wireless’ financials. The carrier says that its total revenues for the quarter were $23.7 billion, up 1.2 percent year-over-year. Total revenues for all of 2015 finished at $91.7 billion, up 4.6 percent from 2014.
So yeah, Verizon had itself a nice end to 2015. The big red carrier is actually the first of the US’s big four to announce its Q4 2015 results, so we’ll have to wait for the other carriers to reveal their numbers before we can compare how they all did in the final months of 2015. Stay tuned!