Verizon activated 4.5 million LTE devices in the third quarter, an increase of 1.3 million over Q2. While the iPhone 5 was introduced only 10 days before the close of the quarter the new LTE-powered Apple phone contributed to that growth.
The usual third-quarter subscriber boom failed to happen as operators had no new iPhone to lure in new customers. But UBS predicts that the fourth quarter will more than make up for any slumps, as it combines the traditional holiday surge with a delayed new-iPhone bump.
The third quarter’s numbers are out from the Green IT section of GigaOM’s research subscription service GigaOM Pro. Solar is struggling, while IT-based systems like car sharing are soaring. Dig into the details with us.