Cingular's $41 Billion Lemon?
Cingular might be feeling some buyer's remorse. Reports indicate that AT&T Wireless is losing upwards of 150, 000 subscribers per month, setting up what is expected to be the wireless provider's first quarterly loss. Verizon, on the other hand, claims to have gained 10 subscribers for every one that has used phone number portability rules to leave the carrier.
This certainly doesn't look good for Cingular. There's going to have to be a lot of work done for the combined Cingular-AT&T to be a strong company. Taking on a strengthening Verizon won't make it any easier.
__________________
--
David McNamee
Office Platform Specialist, Microsoft Corp.
|
Threaded Mode
Similar Threads