- While it awaits its last approval by the FCC on a merger with Shenandoah Telecommunications (SHEN -0.7%), NTELOS Holdings (NTLS -0.2%) logged a Q4 revenue miss and EBITDA that fell 26%.
- For the year, the company added 20,000 net subscribers (vs. net adds in 2014 of 14,600), to bring its total to 302,000 subscribers, 233,300 of which are postpaid.
- Postpaid churn for Q4 was 2.2%, flat Y/Y but up from Q3's 1.9%. ABPU of $57.83 was down from the prior year's $59.35.
- About 40% of postpaid subs were on equipment installment plans at year-end, and about 70% of covered POPs have access to the company's LTE network.
NTELOS misses on revenues, gains subscribers in Q4
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