Technology Industry
Industry: Email Alert RSS FeedRobust 3Q expected for carriers.(News)
RCR Wireless News, October, 2006
Byline: KELLY HILL
As the wireless industry rounds third base on its way into the holiday home stretch, many will depend on momentum from the third quarter to carry them through.
The first round of third quarter earnings has begun to trickle in, with most of the national carriers to report within the next two weeks. No. 1 Cingular Wireless L.L.C. is expected to improve its performance, and No. 2 Verizon Wireless is likely to remain the industry leader, according to a Merrill Lynch research report.
The wireless industry is splitting, Merrill Lynch suggests, with Verizon Wireless and Cingular Wireless L.L.C. on one side of the divide and No. 3 Sprint Nextel Corp. and No. 4 T-Mobile USA Inc. on the other.
Churn rates are...
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