WIND Mobile has over 700,000 active subscribers, reports Q1 as ‘best quarter ever’

While other newer wireless players have either been acquired or are in the process of being sold, WIND Mobile soldiers on. The carrier announced its Q1 2014 results today, with an increase in net subscribers of 25,916. This brings total active subs to 702,125 and represents a 17% increase over last year (602,000).

In an email to us, a WIND Mobile rep stated, “It’s been a tremendous start to the year for WIND Mobile and we’re very pleased to report that we’ve experienced our best quarter ever… We have started this year strong thanks to industry firsts including being the first Canadian telecommunications company to offer U.S. unlimited roaming and we will continue to provide Canadians with the value, simplicity and true mobile freedom they have come to expect from WIND Mobile, while we continue our growth as Canada’s fourth national carrier.”

WIND’s ARPU (Average Revenue Per User) increased by 12% and is now sitting at an even $31 per month. The company’s parent, VimpelCom, still intends to sell the business after its takeover was denied last year by the Canadian government. While there’s no chance the company could be sold to one of the incumbents, according to Dvai Ghose of Cannacord Genuity, VimpelCom may attempt to sell WIND Mobile’s assets to Videotron’s parent company, Quebecor.

Source: VimpleCom