Telecom & Wireless
Verizon Wireless Thrashes AT&T In New Survey
Published:
Last Updated:
AT&T (NYSE:T) may have the Apple (NASDAQ:AAPL) iPhone, but Verizon Wireless (VOD)(VZ) has the customer service reputation, and service seems to trump product.
ChangeWave polled about 4,000 people as part of its wireless Customer Satisfaction Survey and found that 50% of Verizon Wireless subscribers were “very satisfied” with their service compared to 23% for AT&T. Even worse for AT&T was that Verizon is the most popular choice among people thinking of switching carriers at 31% of those surveyed.
“In a nutshell, the survey results indicate that most Verizon customers are very satisfied and staying put, while more AT&T customers are thinking of switching to another carrier,” said ChangeWave Analyst Josh Levine.
ChangeWave’s survey also showed that just 1.9% of Verizon customers experienced a dropped call in the last 90 days, as opposed to 4.3% for AT&T. Moreover, 9% of AT&T customers in the survey reported that more than one-in-ten of their calls had been dropped in the last 90 days. Those are the worst dropped call results in the industry according to ChangeWave, and three times worse than Verizon.
The results show the nearly insurmountable task that AT&T has to repair its reputation because of problems with its 3G network. Analysts say that most of these troubles are based on the AT&T network being unable to handle the data volume created by its large pool of iPhone users.
The ChangeWave results also point to the tremendous problem AT&T Wireless would have if it lost its exclusivity for selling its flagship wireless product–the iPhone. Rumors are that Verizon will begin to sell the iPhone later this year, If that happens, AT&T’s wireless subscriber attrition rate will be spectacular.
Douglas A. McIntyre
Credit card companies are at war, handing out free rewards and benefits to win the best customers. A good cash back card can be worth thousands of dollars a year in free money, not to mention other perks like travel, insurance, and access to fancy lounges. See our top picks for the best credit cards today. You won’t want to miss some of these offers.
Flywheel Publishing has partnered with CardRatings for our coverage of credit card products. Flywheel Publishing and CardRatings may receive a commission from card issuers.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.