- NTELOS (NTLS +7.3%) shares jump after the company soundly beat expectations in Q3 and reiterated guidance. (PR)
- Q3 EBITDA expanded 43% Y/Y to $45.6M.
- Total subscribers increased 6% Y/Y to 457K. Total net subscriber additions were 2.3K during the quarter. Blended ARPU grew 7% to $54.29.
- Postpay subscribers increased by a gross 20K (vs. 22K in Q3 2012), with ARPU growing 10% to $64.62. Prepay subscribers increased a gross 24.5K (vs. 23.8K in Q3 2012), with ARPU increasing 1% to $34.80.
- Management confirmed full-year 2013 EBITDA guidance of $150M-$155M. It expects capex to be $80M (previously $75M-$85M).