Jun 21, 2005 06:59
19 yrs ago
5 viewers *
English term
churn
English
Bus/Financial
Finance (general)
European mobile operators are experiencing margin pressure driven by slowing elasticity in demand for 2G services, rising churn, coinciding with accelerated 3G migration.
I don't understand the meaning of "churn" in this context. Any suggestion?
Thank you!
I don't understand the meaning of "churn" in this context. Any suggestion?
Thank you!
Responses
4 +11 | switching | IanW (X) |
5 -3 | 3. To buy and sell (a client's securities) frequently, especially in order to generate commissions. | Anna Maria Augustine (X) |
Responses
+11
2 mins
Selected
switching
It means switching from one provider to the other - a common feature in the mobile phone sector.
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Note added at 5 mins (2005-06-21 07:04:22 GMT)
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2 Churning
Churn means the discontinuation of a contract with a business [Brown 00]. In many European countries market structures of wireless telecommunications have changed in the last years form monopolistic to very competitive markets [Edmonds 97]. To be able to control and reduce the customer churn rate may be a vital factor for the survival of mobile phone companies [Edmonds97]. In particular it would be necessary to prevent the churning of profitable customers. If it is possible to predict whether a customer is likely to churn in two months, given today’s customers record, appropriate action on the side of the business may prevent the loss of the customer. In order to prevent the churning of customers, however, it is necessary to know WHO the churners are. Furthermore it is important to know WHY a customer decides to discontinue a contract.
http://66.102.9.104/search?q=cache:9r8-0EEINB0J:www.mathemat...
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Note added at 17 mins (2005-06-21 07:16:03 GMT)
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Churn rates — the proportion of subscribers who switch from one operator to another each month — soared. In three years, 5m subscribers switched operators and kept their numbers, in a territory with a population of 7m. The lesson for America\'s hyper-competitive mobile industry, it seemed, was clear: portability would be great for users but terrible for operators.
http://www.economist.com/displaystory.cfm?story_id=2249318
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Note added at 5 mins (2005-06-21 07:04:22 GMT)
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2 Churning
Churn means the discontinuation of a contract with a business [Brown 00]. In many European countries market structures of wireless telecommunications have changed in the last years form monopolistic to very competitive markets [Edmonds 97]. To be able to control and reduce the customer churn rate may be a vital factor for the survival of mobile phone companies [Edmonds97]. In particular it would be necessary to prevent the churning of profitable customers. If it is possible to predict whether a customer is likely to churn in two months, given today’s customers record, appropriate action on the side of the business may prevent the loss of the customer. In order to prevent the churning of customers, however, it is necessary to know WHO the churners are. Furthermore it is important to know WHY a customer decides to discontinue a contract.
http://66.102.9.104/search?q=cache:9r8-0EEINB0J:www.mathemat...
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Note added at 17 mins (2005-06-21 07:16:03 GMT)
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Churn rates — the proportion of subscribers who switch from one operator to another each month — soared. In three years, 5m subscribers switched operators and kept their numbers, in a territory with a population of 7m. The lesson for America\'s hyper-competitive mobile industry, it seemed, was clear: portability would be great for users but terrible for operators.
http://www.economist.com/displaystory.cfm?story_id=2249318
4 KudoZ points awarded for this answer.
Comment: "Thank you very much Ian! I've never seen a KudoZ answer with so many sopporters..."
-3
8 mins
3. To buy and sell (a client's securities) frequently, especially in order to generate commissions.
This explains it.
www.thefreedictionary.com/churn
www.thefreedictionary.com/churn
Peer comment(s):
disagree |
IanW (X)
: This has nothing to do with securities - it refers to customers switching from one provider to another regularly
9 mins
|
disagree |
ahmadwadan.com
: Dictionary meaning is ok but this meaning is far away from context.
13 mins
|
disagree |
Charlesp
: ;-(
56 mins
|
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