Strategy Analytics has released the highlights of its 2010 First Quarter report for U.S. Wireless carriers. Verizon gets overall top marks with AT&T, Sprint and T-Mobile, and MetroPCS finishing out the top five carriers.

The grading took into account six reporting categories; subscribers, net adds, churn, service revenue, data percent of service revenue, and ARPU (average revenue per user). While Verizon led the way in more categories, there were other stand outs.

AT&T received top marks in Net Adds (1.857 million) where additional subscribers outweighed losses. Sprint led the way with regards to the Data Percentage of Service Revenue (35.3% of $6.432 Billion).

VPN Deals: Lifetime license for $16, monthly plans at $1 & more

Clearwire skews the data by earning 100% of their revenue from data but they are a data service provider. U.S. Cellular (ranked overall 6th) led the way in Average Revenue Per User at $52.42 per user.

Strategy Analytics is due to release their full report next week but it's clear that the wireless industry is doing well and their report will give each of the top six carriers something to hang their hat on.

Follow the break for a graph showing how all the U.S. wireless carriers fared.